Everyone with common sense will know that no company or individual can emerge as the world’s second or third richest with 1097.77% growth in 3 years without any malpractice. Government support alone cannot lead to such high growth.

Writes Thomas Franco
#RandomReflections
https://www.cenfa.org/who-is-going-to-fall/

Only companies are declared insolvent, not the owners. Eventually, the depositors are the losers. As the original objectives have not been fulfilled, a full review of IBC and NCLTs is urgently needed.

Writes Thomas Franco in #RandomReflections this week!
https://www.cenfa.org/insolvency-and-bankruptcy-code-requires-a-serious-review/

Market capitalisation is a myth. The shares of SBI keep trading below that of HDFC and ICICI but that’s not the true value of SBI. People also know that.

Write Thomas Franco in #RandomReflections this week!

https://www.cenfa.org/goldman-sachs-report-and-the-true-picture-of-the-indian-economy/

The largest bank in the country has earned the trust of the people. That’s why there are 48 crore accounts in the bank. But its recent request seeking more time to furnish the data on electoral bonds is not sitting well with the people. It is high time for the bank to introspect!

Writes Thomas Franco in #RandomReflections this week!

https://www.cenfa.org/sbi-in-the-news-for-wrong-reasons-once-again/

Bankers have successfully achieved their dream of five-day work along with wage revision with the help of their unions, but there is more than meets the eye. Let’s get into the details and understand what went behind to bring about this change.

Writes Thomas Franco in #RandomReflections
https://www.cenfa.org/banking-industry-gets-wage-revision-settlement-signed/

Contrary to the claims, the banking sector has gravitated towards the rich. A huge crisis is looming, but the real facts will emerge after the elections. Right now, lies have taken centre stage.

Writes Thomas Franco in #RandomReflections this week.
https://www.cenfa.org/how-the-banking-sector-has-been-destroyed-in-the-last-10-years/

If the economy, policy-making, administration, defence and the judiciary are in the hands of a few corporates, inequality will only increase and democracy cannot thrive. As some people say, why rule by proxy? Why not hand over everything to Adani and Ambani and dissolve the Parliament?

Writes Thomas Franco in #RandomReflections this week.
https://www.cenfa.org/corporate-control-of-the-country-must-go-farmers-are-showing-the-way/

India is ranked 45th in the Pension Grade System of 47 countries. The USA ranked 22nd is a capitalist country but 100% of its population is covered under a pension system. In most countries the employer, whether government or corporate, has to provide a pension to their employees. In India, pensions are being called a fiscal burden!

Writes Thomas Franco in #RandomReflections this week.
https://www.cenfa.org/pension-is-not-a-bounty-or-grace-it-is-the-right-of-every-worker/