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FRDI OR NO FRDI - BE PREPARED TO LOSE YOUR DEPOSITS WITH INDAIN BANK

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FRDI Bill is proposed to regularise fraud by elite class or corporate houses leading to bank being bankrupt. Instead of Govt recapitalising bank, sick banks were being authorised to utilise depositors money for consideration either in the form of shares or so.Due to huge public outcry using petition through Change.org Govt has deferred the bill to Budget session of parliament. Whether or not FRDI bill has been passed in the parliament to make it a law, Indian Banks already have started regularising their fraud to state they reserve the right to contravene all laws, compromise secrecy of the account and are not liable for any due diligence whatsoever. They are free to pay third party matching your name or so. Yes this is no fiction or myth !!! Senior authorities of Bank of Baroda in a matter of fraud and moral perversion with the aproval of their MD & CEO has written to me on 20th Dec'17 to reserve the right in doing so.  After prolong fight of almost six y...
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Indian Seductive Economy : Analysing downturn predicting future

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Indian seductive Economy : Analysing downturn predicting future Taking forward  Shankkar Aiyer 's article published here in Linkedin  Seductive Economics: The Theory That 2017 is Like 2002  of 17th September, 2017, let's analyze the downturn predicting future along with measures of resiliency. Economic growth decelerated to a three-year low of 5.7% in the June quarter of 2017-18. The current account deficit hit a four-year high in the same quarter at 2.4% of GDP despite benign oil prices that have cushioned government finances. While investment demand was anyway weak when the NDA assumed office, private consumption has also started decelerating, impacted by the government’s demonetization drive as said to be.  What went wrong? Economic slow down started way back in 2013. Wages started turning negative in real terms. NPAs started appearing. Global recession was visible.The biggest trigger was in August, 2014, when new Govt has taken charge, was th...
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Location: Kolkata, West Bengal, India
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A PROFIT MAXIMIZING STRATEGY

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MANOJ KUMAR TRIVEDI BUSINESS MENTOR iGlobal Research and Analytics Creating difference in DERIVING BUSINESS ECONOMIC SKILL & OPERATIONAL STRATEGY FOR COMPETITIVE ADVANTAGE, SUSTAINABILITY & PROFIT MAXIMIZATION Who we are  |  Why Necessary  |  What is Business/Managerial Economics |   What we offer |   Payout |  Contact Who we are Manoj Kumar Trivedi , (click to view profile)  has traversed across diverse industry through 35 years practicing change, improving business process and adding value to diverse organizations across his profile. He is determined to bring revolution micro managing the manufacturing operation through economic value addition across operation for competitive advantage, sustainability & maximizing profit. In pursuing his passion and reap back benefits of his business learning, he renders his expertise independently as Business Mentor to various reputed organizations, Employee...
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Location: Kolkata, West Bengal, India
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