BANK OF INDIA

Going cashless or recapitalizing banks
Demonetisation
National

Here is how the #demonetisation is a forced, public funded bailout of banks

As soon as the demonetisation of Rs.500 and Rs.1000 notes was announced, I had said that it was a forced and public funded “bailout” of banks. This article examines news reports from the last year and explains how I arrived at the conclusion.

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Corruption

RNA Corp teaches Exotic Arithmetic to Axis Bank! “One-two-ka-four, four-two-ka-one, my name is Lakhan”

Media Release: RNA Corp teaches Exotic Arithmetic to Axis Bank! “One-two-ka-four, four-two-ka-one, my name is Lakhan” 22nd June, 2016: When builder Anil Aggarwal’s Skyline Construction Co approached Axis Bank for a project loan for RNA Exotica in 2011, the bankers forgot simple arithmetic. On two separate instances — in 2011 and in 2013 — Axis […]

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Democracy
General
Knowledge
Media
National
Politics & Political Commentary

RNA Corp. Choose to default Govt Bank BOI & SBI only and spared pvt banks and corporate which I find unusual

RNA Corp Pvt Ltd defaults, Bank of India takes possession of secured assets under Sarfaesi Posted onFebruary 20, 2016AuthoradminLeave a comment RNA Corp Pvt Ltd, a prominent Mumbai based developer, has defaulted in its commitments to Bank of India. After Mantri Developers, RNA Corp is major developer who has failed to pay its dues. Bank […]

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