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Union backs Viral Acharya, asks govt to desist from undermining RBI


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susarla suryaprakasam
Union backs Viral Acharya, asks govt to desist from undermining R
by susarla suryaprakasam on Oct 30, 2018 10:48 AM

Good step forward, should not stop there, threaten BJP that they will not vote or recommend to vote in their favor. This MODI-shah combo encouraged 'non-payment of bank loan' phenomena. All present and past bank employees should also threaten that they will not vote for, and question the rationale in giving school teachers double the salary of a senior GM of PSBs ( teachers in AP Telangana) receive 1.00-1.50 lakh while a a senior / chief manager of a PSB receives less than half; teachers have 200 days of holidays on one pretext or the other while Bank manager is liable for various systemic shortcomings. Originally, the plan was to enhance their role in booth-voting during elections, else none of them join their children in Govt. schools, only in Pvt. schools where the teachers get 1/10 th of what the Govt. teacher gets.

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Debasish Mukherjee
BJP GOVT.HAS DONE IMMENSE OF DAMAGES TO INDIAN ECONOMY.
by Debasish Mukherjee on Oct 29, 2018 11:44 PM

Present BJP Govt. with pursuing of faulty policies already done considerable damages to Indian economy. After a long time the nation heard positive views from two Dy. Governors Mr.Viral Acharya & Mr.Swaminathan beside the Governor Mr.Patel who refused to intervene the slides of rupee allowing the market factors to take care of rupee rates. Also Mr. Acharya & Mr. Swaminathan advised the business community NBFCs to go for mobilisation of long term assets viz.Shares,Debentures,F.D.s of longer maturity discouraged acquisition of short term assets viz.issuance of commercial papers so that the business houses and NBFCs sustain in the business and do not face liquidation threats due to mismatch of assets & liabilities. Framing such prudent policies by the present central Bank's policy makers for interest of the country will help India's real economic growth. But why the Govt.wants to interfere in the autonomy of the Central bank? For whose benefits the Govt.intends to set up another parallel Economy controlling mechanism? Is it for the vested interests of a section of business community who want to handle & dictate the economy according to their whims or the Finance ministry has been influenced by some foreign powers who are not satisfied with the R.B.I's rigid stand in observing strict financial disciplines?

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Nalin Kishore
Why not complain to the right authority ???
by Nalin Kishore on Oct 29, 2018 05:06 PM

...... this dy guv is not doing that .... if he had any cribs did he report to the guv or the fin minister ? Why has he spoken against his employer in a lecture ... these are the moles of corrupt people planted in influential positions ... jai chands of modern times ...

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