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Friday, November 7, 2025
TopicBank nationalisation

Topic: Bank nationalisation

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".

Modi detests Nehru, but loves Indira’s lousy economics. Fact: she was rectifying her blunders

Indira’s change of heart got trapped between two tragic air crashes, one killing her most Left minister, and other, her economically Right son.

If Modi wants a real legacy, he must undo Indira Gandhi’s disastrous bank nationalisation

From Jimmy Nagarwala’s Rs 60 lakh from SBI to Nirav Modi’s Rs 11,000 crore-plus from PNB, India has a 47-year record of scams in govt banks. Why do all govts still love them?

‘We simply don’t have time’: Read Indira Gandhi’s letters defending bank nationalisation

On her 100th birth anniversary, letters from Indira Gandhi reveal how she handled the fallout of her biggest economic decision as Prime Minister: bank nationalisation.

On Camera

Asim Munir now has a Musharraf-style path ahead in Pakistan. It’s the 27th Amendment

Pakistan has been buzzing with rumours around the 27th Amendment for months, but the cat came out of the bag this week when President Asif Ali Zardari...

India’s services exports touching $400 bn—a quiet engine offsetting trade deficit

In 2024-25, India exported $387.54 bn worth of services, against imports of $198.14 bn, earning all-time high surplus of $189.40 bn. This offset 2/3rd of goods trade deficit. 

‘Let them see’: Putin says new nuclear-powered missiles in the making, in message to Washington

At a ceremony felicitating Russian military engineers, Putin highlights Moscow’s 'parity' in defence technologies for the next century.

Trump’s trade wars have rewritten powerplay, but India didn’t get the memo

This world is being restructured and redrawn by one man, and what’s his power? It’s not his formidable military. It’s trade. With China, it turned on him.