Bank Frauds : Is everything alright with Public Sector Banks ?

Once again Public Sector Banks are in news, obviously for negative reasons.

Now, this fact is wide open in public domain that PSU are careless in maintaining due diligence with respect to Large scale transactions and loan disbursements.

Recent news of Dena Bank , OBC , Syndicate Bank and IDBI Bank are highlighting the fact that the Banking system needs a tight rope from RBI.

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China's peace flag!!

China bullies India amidst tour of Minister of Defence (MoD) A K Antony to China. I'm still to understand the mindset of Govt Of India when it comes to talk of bilateral n strategic relations with China, Pakistan, Bangladesh.... This is my take on the issue when #China is making mockery of Indian peace initiatives!!

power gone : Jyoti babu

Saturday. time: 7:30 pm venue: a very old architecture with red bricks and wooden chairs along with Teak-tables, a waiter in posh-white outfit reminding me of British era, this place is "Coffee House" in the Civil lines area of Allahabad city. . Over the corner table on my left there were two oldies sitting, not just sitting though, but sipping there coffee. complete silence, a pin-drop per say. only the crumble sound of news-paper, if at all turned. both oldies very so carried away with that news-paper article that they forgot the world around them. sudden electricity fails, one of the two said, Jyoti Babu chole geche !!!! and there was big laugh all around,,,,, i was perplexed what electricity has to do with Jyoti babu?? i asked the gentleman what he meant by that? he offered me a chair and ordered a cup of coffee for me as well. he told me that both are Bengolis and they were part of Communist movement in the late sixties and late seventies whi...

poverty Vs Pragati..............Maharashtra lost the road??

hi friends, i am in mumbai now and certainly i am in the biggest slums in the world...........here people are robots,,,,,running, pushing, slazing .....all sorts of acts and mis-acts are happening here. on one side a pluffy, plush society is there which is having much more than required for their life................on the other there are people who are struggling for making ends meet. i saw on one side people are enjoying the DAY LIGHT at 10PM in sports stadiums (DY Patil stadium) and i found peeple in Parel who are struggling to see some sun light in their slums, chawls in the absense of electricity. the question is not about the diffrerence and the absurd distribution of wealth....but the question is against the civic society which is having plentiful of educated social workers who hail from high society and they do their work just to add up a new feather in the cap.....if i use the banking language, they diversify themselves from just party animals to social workers. anoth...

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