Deprecated (16384): The ArrayAccess methods will be removed in 4.0.0.Use getParam(), getData() and getQuery() instead. - /home/brlfuser/public_html/src/Controller/ArtileDetailController.php, line: 150
 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php. [CORE/src/Core/functions.php, line 311]
Code Context


        trigger_error($message, E_USER_DEPRECATED);

    }
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 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php.'
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deprecationWarning - CORE/src/Core/functions.php, line 311
Cake\Http\ServerRequest::offsetGet() - CORE/src/Http/ServerRequest.php, line 2421
App\Controller\ArtileDetailController::index() - APP/Controller/ArtileDetailController.php, line 150
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Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Error\Middleware\ErrorHandlerMiddleware::__invoke() - CORE/src/Error/Middleware/ErrorHandlerMiddleware.php, line 96
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Http\Runner::run() - CORE/src/Http/Runner.php, line 51
Cake\Http\Server::run() - CORE/src/Http/Server.php, line 98

Deprecated (16384): The ArrayAccess methods will be removed in 4.0.0.Use getParam(), getData() and getQuery() instead. - /home/brlfuser/public_html/src/Controller/ArtileDetailController.php, line: 151
 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php. [CORE/src/Core/functions.php, line 311]
Code Context


        trigger_error($message, E_USER_DEPRECATED);

    }
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 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php.'
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deprecationWarning - CORE/src/Core/functions.php, line 311
Cake\Http\ServerRequest::offsetGet() - CORE/src/Http/ServerRequest.php, line 2421
App\Controller\ArtileDetailController::index() - APP/Controller/ArtileDetailController.php, line 151
Cake\Controller\Controller::invokeAction() - CORE/src/Controller/Controller.php, line 610
Cake\Http\ActionDispatcher::_invoke() - CORE/src/Http/ActionDispatcher.php, line 120
Cake\Http\ActionDispatcher::dispatch() - CORE/src/Http/ActionDispatcher.php, line 94
Cake\Http\BaseApplication::__invoke() - CORE/src/Http/BaseApplication.php, line 235
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Routing\Middleware\RoutingMiddleware::__invoke() - CORE/src/Routing/Middleware/RoutingMiddleware.php, line 162
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Routing\Middleware\AssetMiddleware::__invoke() - CORE/src/Routing/Middleware/AssetMiddleware.php, line 97
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Error\Middleware\ErrorHandlerMiddleware::__invoke() - CORE/src/Error/Middleware/ErrorHandlerMiddleware.php, line 96
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Http\Runner::run() - CORE/src/Http/Runner.php, line 51
Cake\Http\Server::run() - CORE/src/Http/Server.php, line 98

Warning (512): Unable to emit headers. Headers sent in file=/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Error/Debugger.php line=853 [CORE/src/Http/ResponseEmitter.php, line 48]
Code Context
            if (Configure::read('debug')) {

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                            <p style="text-align:justify">-Moneycontrol.com</p><p style="text-align:justify"><em>The <a href="/upload/files/Privatisation%20of%20Public%20Sector%20An%20Alternative%20Perspective.PDF" title="/upload/files/Privatisation%20of%20Public%20Sector%20An%20Alternative%20Perspective.PDF">study</a> also suggests that market confidence tends to be in favour of PSBs in terms of crisis.</em></p><p style="text-align:justify">The latest Reserve Bank of India (RBI) bulletin published on August 18 suggests that a <a href="/upload/files/Privatisation%20of%20Public%20Sector%20An%20Alternative%20Perspective.PDF" title="/upload/files/Privatisation%20of%20Public%20Sector%20An%20Alternative%20Perspective.PDF">big bang approach to privatisation</a> of government-owned banks may do more harm than good.</p><p style="text-align:justify">A <a href="/upload/files/Privatisation%20of%20Public%20Sector%20An%20Alternative%20Perspective.PDF" title="/upload/files/Privatisation%20of%20Public%20Sector%20An%20Alternative%20Perspective.PDF">paper published</a> in the bulletin analyses various pros and cons of privatisation and identifies how an emerging economy like India may face more challenges due to the privatisation of banks.</p><p style="text-align:justify">Some of the major reasons as identified by the RBI paper that show PSBs can serve the country better than private banks include better financial inclusion, better credit system, and better efficiency of the PSBs.</p><p style="text-align:justify">The paper highlighted that the private banks have failed to cater to the customers of the rural and semi-urban areas to date and customers from such locations are relying heavily on PSBs for banking.</p><p style="text-align:justify">Please <a href="https://www.moneycontrol.com/news/business/banks/rbi-bulletin-a-big-bang-approach-to-psb-privatisation-may-do-more-harm-than-good-9051831.html?fbclid=IwAR3orJaN0FQeQKwaicN5JinQWn0fB3ax324oCWwrLH1ydw1myNImFV_cyu4" title="https://www.moneycontrol.com/news/business/banks/rbi-bulletin-a-big-bang-approach-to-psb-privatisation-may-do-more-harm-than-good-9051831.html?fbclid=IwAR3orJaN0FQeQKwaicN5JinQWn0fB3ax324oCWwrLH1ydw1myNImFV_cyu4">click here</a> to read more.&nbsp;</p>                                                           
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    <br><a href="https://www.moneycontrol.com/news/business/banks/rbi-bulletin-a-big-bang-approach-to-psb-privatisation-may-do-more-harm-than-good-9051831.html?fbclid=IwAR3orJaN0FQeQKwaicN5JinQWn0fB3ax324oCWwrLH1ydw1myNImFV_cyu4" class="re" target="_blank">Moneycontrol.com, 18 August, 2022, https://www.moneycontrol.com/news/business/banks/rbi-bulletin-a-big-bang-approach-to-psb-privatisation-may-do-more-harm-than-good-9051831.html?fbclid=IwAR3orJaN0FQeQKwaicN5JinQWn0fB3ax324oCWwrLH1ydw1myNImFV_cyu4</a><div class="clear"></div>
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                            <p style="text-align:justify">-Moneycontrol.com</p><p style="text-align:justify"><em>The <a href="/upload/files/Privatisation%20of%20Public%20Sector%20An%20Alternative%20Perspective.PDF" title="/upload/files/Privatisation%20of%20Public%20Sector%20An%20Alternative%20Perspective.PDF">study</a> also suggests that market confidence tends to be in favour of PSBs in terms of crisis.</em></p><p style="text-align:justify">The latest Reserve Bank of India (RBI) bulletin published on August 18 suggests that a <a href="/upload/files/Privatisation%20of%20Public%20Sector%20An%20Alternative%20Perspective.PDF" title="/upload/files/Privatisation%20of%20Public%20Sector%20An%20Alternative%20Perspective.PDF">big bang approach to privatisation</a> of government-owned banks may do more harm than good.</p><p style="text-align:justify">A <a href="/upload/files/Privatisation%20of%20Public%20Sector%20An%20Alternative%20Perspective.PDF" title="/upload/files/Privatisation%20of%20Public%20Sector%20An%20Alternative%20Perspective.PDF">paper published</a> in the bulletin analyses various pros and cons of privatisation and identifies how an emerging economy like India may face more challenges due to the privatisation of banks.</p><p style="text-align:justify">Some of the major reasons as identified by the RBI paper that show PSBs can serve the country better than private banks include better financial inclusion, better credit system, and better efficiency of the PSBs.</p><p style="text-align:justify">The paper highlighted that the private banks have failed to cater to the customers of the rural and semi-urban areas to date and customers from such locations are relying heavily on PSBs for banking.</p><p style="text-align:justify">Please <a href="https://www.moneycontrol.com/news/business/banks/rbi-bulletin-a-big-bang-approach-to-psb-privatisation-may-do-more-harm-than-good-9051831.html?fbclid=IwAR3orJaN0FQeQKwaicN5JinQWn0fB3ax324oCWwrLH1ydw1myNImFV_cyu4" title="https://www.moneycontrol.com/news/business/banks/rbi-bulletin-a-big-bang-approach-to-psb-privatisation-may-do-more-harm-than-good-9051831.html?fbclid=IwAR3orJaN0FQeQKwaicN5JinQWn0fB3ax324oCWwrLH1ydw1myNImFV_cyu4">click here</a> to read more.&nbsp;</p>                                                           
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    <br><a href="https://www.moneycontrol.com/news/business/banks/rbi-bulletin-a-big-bang-approach-to-psb-privatisation-may-do-more-harm-than-good-9051831.html?fbclid=IwAR3orJaN0FQeQKwaicN5JinQWn0fB3ax324oCWwrLH1ydw1myNImFV_cyu4" class="re" target="_blank">Moneycontrol.com, 18 August, 2022, https://www.moneycontrol.com/news/business/banks/rbi-bulletin-a-big-bang-approach-to-psb-privatisation-may-do-more-harm-than-good-9051831.html?fbclid=IwAR3orJaN0FQeQKwaicN5JinQWn0fB3ax324oCWwrLH1ydw1myNImFV_cyu4</a><div class="clear"></div>
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    <h1 class="cat-box-title">RBI Bulletin: A big bang approach to PSB privatisation may do more harm than good </h1>
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                            <p style="text-align:justify">-Moneycontrol.com</p><p style="text-align:justify"><em>The <a href="/upload/files/Privatisation%20of%20Public%20Sector%20An%20Alternative%20Perspective.PDF" title="/upload/files/Privatisation%20of%20Public%20Sector%20An%20Alternative%20Perspective.PDF">study</a> also suggests that market confidence tends to be in favour of PSBs in terms of crisis.</em></p><p style="text-align:justify">The latest Reserve Bank of India (RBI) bulletin published on August 18 suggests that a <a href="/upload/files/Privatisation%20of%20Public%20Sector%20An%20Alternative%20Perspective.PDF" title="/upload/files/Privatisation%20of%20Public%20Sector%20An%20Alternative%20Perspective.PDF">big bang approach to privatisation</a> of government-owned banks may do more harm than good.</p><p style="text-align:justify">A <a href="/upload/files/Privatisation%20of%20Public%20Sector%20An%20Alternative%20Perspective.PDF" title="/upload/files/Privatisation%20of%20Public%20Sector%20An%20Alternative%20Perspective.PDF">paper published</a> in the bulletin analyses various pros and cons of privatisation and identifies how an emerging economy like India may face more challenges due to the privatisation of banks.</p><p style="text-align:justify">Some of the major reasons as identified by the RBI paper that show PSBs can serve the country better than private banks include better financial inclusion, better credit system, and better efficiency of the PSBs.</p><p style="text-align:justify">The paper highlighted that the private banks have failed to cater to the customers of the rural and semi-urban areas to date and customers from such locations are relying heavily on PSBs for banking.</p><p style="text-align:justify">Please <a href="https://www.moneycontrol.com/news/business/banks/rbi-bulletin-a-big-bang-approach-to-psb-privatisation-may-do-more-harm-than-good-9051831.html?fbclid=IwAR3orJaN0FQeQKwaicN5JinQWn0fB3ax324oCWwrLH1ydw1myNImFV_cyu4" title="https://www.moneycontrol.com/news/business/banks/rbi-bulletin-a-big-bang-approach-to-psb-privatisation-may-do-more-harm-than-good-9051831.html?fbclid=IwAR3orJaN0FQeQKwaicN5JinQWn0fB3ax324oCWwrLH1ydw1myNImFV_cyu4">click here</a> to read more.&nbsp;</p>                                                           
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RBI Bulletin: A big bang approach to PSB privatisation may do more harm than good

Published on Aug 18, 2022   Modified on Aug 19, 2022

-Moneycontrol.com The study also suggests that market confidence tends to be in favour of PSBs in terms of crisis. The latest Reserve Bank of India (RBI) bulletin published on August 18 suggests that a big bang approach to privatisation of government-owned banks may do more harm than good. A paper published in the bulletin analyses various pros and cons of privatisation and identifies how an emerging economy like India may face more challenges due to the privatisation of banks. Some of the major reasons as identified by the RBI paper that show PSBs can serve the country better than private banks include better financial inclusion, better credit system, and better efficiency of the PSBs. The paper highlighted that the private banks have failed to cater to the customers of the rural and semi-urban areas to date and customers from such locations are relying heavily on PSBs for banking. Please click here to read more.

Moneycontrol.com, 18 August, 2022, https://www.moneycontrol.com/news/business/banks/rbi-bulletin-a-big-bang-approach-to-psb-privatisation-may-do-more-harm-than-good-9051831.html?fbclid=IwAR3orJaN0FQeQKwaicN5JinQWn0fB3ax324oCWwrLH1ydw1myNImFV_cyu4

Tagged with: Reserve Bank of India RBI RBI Bulletin Public Sector Banks Rural areas Privatisation of Banks

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