Bank Nationalisation

Half a century of bank nationalisation: Indira Gandhi’s historic blunder or India’s biggest bank reform?

Around 14 banks were nationalised on 1 July, 1969 which was followed up with six more a decade later, in 1980

Narendra Modi-led govt made some radical reforms, but largely lost opportunity for dynamic change

While the Narendra Modi-led government has attempted certain policies, it has largely lost out on an environment opportune for dynamic change.

Nandan Nilekani bats for privatisation of PSBs, says rationale behind bank nationalisation has ceased to exist

Nandan Nilekani said "original rationale" for bank nationalisation has ceased to exist and that privatisation is the way forward for public sector lenders

News18's Rising India Summit: BJP, Congress' war of words on unemployment underlines intertwined nature of politics, economics

It is claimed that politics and economics are two different realms. However, as India's experience shows, the two can never be completely separated.

Nirav Modi fraud: 5 reasons why SBI chairman Rajnish Kumar is wrong about PSB privatisation

Privatisation may not be a panacea for the problems of state-run banks but it can lift them to a better operational environment and more importantly leave these banks fight in the market competition where only the fittest survives

Rot in PSBs Part 5: PNB fraud shows beggarly state of lenders; it’s time to reverse Indira Gandhi’s bank nationalisation

It’s time the government looked at reversing Indira Gandhi’s decision on bank nationalisation which has proved to be a failure and give a serious thought on privatisation.