Posts

Poetman or postman?: You decide

https://www.thehindubusinessline.com/blink/explore/sent-a-letter-to-my-tree/article22905212.ece/amp/?__twitter_impression=true Interesting article M G Warrier

Why people cheat?: Speaking Tree

https://www.speakingtree.in/blog/why-you-have-to-cheat-to-get-ahead-in-life Interesting article M G Warrier

Memories around a chapel

http://www.thehindu.com/opinion/open-page/an-old-boys-reminiscences-around-a-school-chapel/article22845772.ece I loved reading this article You too will enjoy this beautiful nostalgic piece M G Warrier

Don't allow DESIRE to overtake MARUTHI: Faith column

http://www.thehindu.com/society/faith/desire-brings-destruction/article22884227.ece The Hindu, Faith column A very timely message M G Warrier

Check NPAs above Rs 500 mn for possible fraud, alert CBI: Govt tells banks

Check NPAs above Rs 500 mn for possible fraud, alert CBI: Govt tells banks : Lenders told to plug operational, technological loopholes in 15 days Owner and regulator This refers to the report “Check for fraud in NPAs above Rs 500 mn: Govt” (BS, February 28). On the face of it, there is nothing extraordinary in ‘owner’ of a business giving operational instructions to the staff working under him. GOI as the owner has the responsibility to ensure smooth functioning of PSBs and the recent developments have shaken the public trust in PSBs, which need to be restored quickly. But in the given situation, the divergent instructions flowing from GOI and RBI will confuse the already strained managements of PSBs. More likely, they will start waiting for instructions from North Block even after getting operational or supervision-related instructions from RBI, as it is the Finance Ministry which decides the fate of the top management in PSBs. This is an embarrassing situation for the c...

Privatisation of PSBs

http://www.business-standard.com/article/opinion/letter-to-bs-privatising-public-sector-banks-to-improve-professionalism-118022800011_1.html M G Warrier

Message from market to PNB, other PSBs: Bring in new credible leadership

Message from market to PNB, other PSBs: Bring in new credible leadership : We will support if the govt brings in credible leadership, changes the incentive structure, and fortifies the board, says markets February 27, 2018 Privatizing public sector Apropos Akash Prakash’s thought-provoking piece “PNB and the public sector banks” (Business Standard, February 27), let us concede that in India, since Nehruvian days, when ‘public sector’ commanded some respect, there has been a sponsored lobby out to annihilate public sector undertakings by any means available. We have witnessed the fall of institutions like UTI.  Methods used included creating legal hurdles in parity in functional matters with the private sector, ensuring weaknesses in top management by interference in top-level appointments and HR issues using Government’s ownership rights and sometimes by allowing infiltration of people of doubtful integrity at higher levels. As regards banking in India, as th...