This blog explores the overarching connections between banks levying various charges for services, the advent of Payments Banks, and the subsequent demonetisation drive administered to curb black money and counterfeit currency thereby boosting digital transactions in the name of transparency.
NPAs in farm loans have increased by 900% compared to 483% increase in overall NPAs. Clearly, any further increase in collateral free loans will add to these NPAs. Further, the limit increase, that too just before general elections 2019, cannot be considered a coincidence.
This blog sums up the results for Dec 2018 round (latest available as on 21 Feb 2019) of the Consumer Confidence Survey: (a) Consumer confidence index shows negative sentiment; and (b) economic situation, price level, and employment depict negative sentiment.
In 2018, Chennai South Consumer Forum has resolved just 8 cases out of total pending 2363 cases. The number of cases filed every year is almost constant around; 420-475 for past 5 years, so 2363 is the result of a sharp decline in the efficiency of the forum over the years!