PNB Merger with OBC & P&SB: What promise does it hold?


The confusion reigning high in Indian economy currently, reminds me of the famous remark Lt. Col. Frank Slade (aka. Al Pacino) makes in the movie ‘Scent of a Woman’; “When in Doubt…. F***”! So, when PSU banks are reeling under stressed assets on one hand and government pressure to implement…

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Women Power in Indian Banking- Is The Sheen Waning off?


Year 2018 first half is turning out to be a watershed moment not only for Indian Banking (fraud, NPA), but also for women power in Indian banking. Rise of women leadership in Indian banking is legendary and is a matter of pride in otherwise highly gender biased corporate world globally….

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Was The PNB Fraud Declaration A Very Well Planned Event?


We don’t want to believe this but one part for sure, Nirav Modi’s fleeing the country “just in time” needs a lot of answering. The Japanese may be cringing in their seat if they see how India adopted their “Just in Time” concept! But that’s not all! PNB raised INR…

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Why The Nirav Modis Are So Common In PSB Banks!


While many eyebrows are being raised on the obscene value of the fraud detected at PNB (~11000 cr INR/ 1.8 BN USD); it holds no surprise if one understands the psyche of Indian banks, primarily the PSUs. Vijay Mallya did the same thing, brazenly taking the banks for a ride…

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