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Saturday, April 20, 2024
TopicBank nationalisation

Topic: Bank nationalisation

For Minoo Masani, Indira Gandhi’s bank nationalisation Bill ‘came in the dark, like a thief’

On 25 July 1969 in Lok Sabha, Rajkot MP Minoo Masani listed the economic and political grounds on which his Swatantra Party opposed the Indira Gandhi government's Bill to nationalise private banks.

53 years since Indira’s bank nationalisation ordinance, a push for privatisation under Modi

Over half a century since Indira Gandhi nationalised 14 public sector banks, move still evokes sharp divisions, with some criticising it as a failure and others hailing it as a landmark  decision.

Indira’s bank nationalisation move, why Modi hasn’t reversed it, and the first bank scandal

In episode 526 of ThePrint's Cut The Clutter, Editor-in-Chief Shekhar Gupta discusses the bank nationalisation move on its 51st anniversary, and looks at the political history around it.

Morarji Desai saw this letter from Indira Gandhi as a brazen attack on his self-respect and resigned

In Morarji Desai: A Profile in Courage, Arvindar Singh writes about how 1969 was a turning point in Morarji’s life and in the history of India.

When a Singaporean critic of Marxist socialism took Indira Gandhi to court

The day after Indira Gandhi nationalised banks, R.C. Cooper air dashed to New Delhi to challenge the ordinance.

Kaushik Basu says economic slowdown is ‘impending’ & Rajeev Bhargava writes on Brahmanism

The best of the day’s opinion, chosen and curated by ThePrint’s top editors.

Why Minoo Masani & Atal Bihari Vajpayee opposed Indira Gandhi’s bank nationalisation

Fifty years after former PM Indira Gandhi undertook the nationalisation of banks, ThePrint takes a look at what opposition members said against it.

50 yrs of nationalisation: Is Modi govt worsening PSU banks’ problems or resolving them?

Fifty years ago, on 19 July 1969, the Indira Gandhi government had nationalised 14 banks. Even today, PSUs control a substantial percentage of the deposits.

Political stunt? Why Indira Gandhi’s bank nationalisation was questioned even 50 years ago

In a monthly magazine Freedom First, trade unionist V.B. Karnik had said that nationalisation of banks by itself will not solve any problems.

Indira Gandhi’s bank nationalism a fraud, says Modi

PM Modi targeted the late PM Indira Gandhi by calling her famous slogan 'garibi hatao' as a "false promise" and bank nationalisation a "fraud".

On Camera

Iran-Israel conflict will now be shaped by 3H—Houthis, Hamas, Hezbollah

Israel's response to Iran's retaliatory attack was relatively small and also downplayed by Tehran. But there are factors that could jeopardise this perceived reprieve.

CBDT signs record 125 Advance Pricing Agreements, 31% more than last year

The 125 APAs include 86 Unilateral APAs (UAPAs) and 39 Bilateral APAs (BAPAs). The total number of APAs since the start of the APA programme has risen to 641, with 506 UAPAs and 135 BAPAs.

Vice Admiral Dinesh Kumar Tripathi to take over as Chief of the Naval Staff

He has been the chief of personnel and the flag officer commanding-in-chief, Western Naval Command, in the rank of vice admiral.

These 6 states are key for Modi’s ‘400 paar’ target. They’re also where Opposition can stop him

While this contest looks so predictable in large swathes of our political landscape, it is also more keenly contested than 2019 in some states.