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Banks, Bribes and Companies – How NPAs are created

The promoter wins the lottery of project approval by bribing all concerned in the government. That is, he gets the license/approval to set up...

How do NPAs become monsters?

 NewsX channel put out a wonderful expose on Non-Performing Assets (NPAs), after investigating several companies that have become NPAs. Over a period of 50...

Bank recapitalization is waste of money

Bank privatization is the elephant in the room that nobody is willing to look at Child marriage is a social evil, so it...

The Craze For Big Banks

The Craze For Big Banks Now the clamor is for big; bigger and biggest. Particularly in the banking sector. After the merger of subsidiaries with...

Ministry of Finance Press Release on Demonetization

The Ministry of Finance has just put out a Press Release on how things are proceeding as far as Demonetization is concerned. This...

Re-capitalizing Public Sector banks in India

PerformanceGurus Staff New Delhi Waking up to the distressed situation of the state-run banks which are plagued with rising bad debts, the Government on Friday announced...


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