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Friday, January 9, 2026
TopicNationalisation of banks

Topic: Nationalisation of banks

Bank nationalisation will be a blow to India’s mixed economy, lead to totalitarianism: Phiroze Shroff

If banks were to be nationalised, politicians would start interfering with bank officials and put undue pressure on them, Prof Shroff wrote in 1963.

Don’t deride public sector. Evidence shows commercial banks in woeful state—Indira Gandhi

On 29 July 1969, Prime Minister Indira Gandhi delivered a speech in Lok Sabha on the nationalisation of 14 banks, saying the move was 'totally justified to ensure that hopes and aspirations of millions of our people are not sacrificed'.

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.

On Camera

Why Pinarayi Vijayan is going soft on an Ezhava leader’s anti-Muslim hate speech

Pinarayi Vijayan once called Vellappally Natesan, the general secretary of SNDP Yogam, Kerala’s Pravin Togadia. Now he is giving his hate speech a free pass.

500% tariffs ahead for India? Trump’s lined up a big bad Bill for countries buying Russian oil

Republican Senator Lindsey Graham says bill will be 'well-timed, as Ukraine is making concessions for peace and Putin is all talk, continuing to kill the innocent'.

2025: Pakistan’s deadliest year in over a decade

Islamabad-based think-tank PICSS's new report says Pakistan saw 'pronounced escalation' in violence last year, with 3,413 conflict-related deaths compared to 1,950 in previous year.

A year-end Mea Culpa in National Interest—The Army-Islam combo doesn’t kill democracy

Many of you might think I got something so wrong in National Interest pieces written this year. I might disagree! But some deserve a Mea Culpa. I’d deal with the most recent this week.