Indian Overseas Bank

Corruption
Politics & Political Commentary

Amit Shah director of Co-op bank with highest amount of demonetised notes among DCCBs, finds RTI reply

Originally published by The New Indian Express, deleted without explanation. MUMBAI: A district cooperative bank, which has Bharatiya Janata Party (BJP) President Amit Shah as a director, netted the highest deposits among such banks of old Rs 500 and Rs 1,000 notes that were abruptly demonetised on November 8, 2016, according to RTI replies received […]

Read More
National

The cashless India jumla as an answer to #demonetisation mess

The government began with focusing on fake currencies and black money as the reason for demonetisation. As deposits started rapidly piling in banks and it looked increasingly unlikely that there was a lot of black or fake money being caught, the goalposts started shifting. Soon it became evident that the supply of legal notes was […]

Read More
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.

Read More
General

Sikkim – donate, volunteer, help

The earthquake in Sikkim on the 18th September 2011 has created massive devastation. North Sikkim has been destroyed on a massive scale. This is a time to use your vacation time and money to go to Sikkim with help in your heart. http://www.youtube.com/watch?v=VfEbt0x_bZI The destruction has dwarfed the constant pouring of money and effort into […]

Read More