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Tuesday, August 12, 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

Hrithik Roshan & Jr NTR in Janaab-e-Aali is exactly what a dance-off should not be

Forget comparing it with classics like Hrithik’s Ek Pal Ka Jeena or the slick title track of Dhoom 2, Janaab-e-Aali does not even come close to Ghungroo.

How mining, manufacturing & power sectors weighed on India’s industrial output since January 2024

India’s industrial output growth saw a 10-month low in June, with Index of Industrial Production (IIP) growing by mere 1.5% as against 1.9% in May 2025.

India expands Southeast Asia defence footprint with new joint venture in Philippines

Memorandum of understanding between SMPP and ADFC was signed during state visit of Philippines’ President to India earlier this month.

Modi’s ready to risk it all for farmers. Farm reform can answer Trump with new Green Revolution

Standing up to America is usually not a personal risk for a leader in India. Any suggestions of foreign pressure unites India behind who they see as leading them in that fight.