Banking

My article on Regional Rural Banks published in Business Standard on 16-06-2025 https://www.linkedin.com/posts/shivbsingh_my-article-on-regional-rural-banks-published-activity-7340615294811312128-lJ8E?utm_medium=ios_app&rcm=ACoAAANneyoB-NANVw3ipVrZM-xoP7qvijOHpdY&utm_source=social_share_send&utm_campaign=copy_link

 I have received some comments from some of my connections on incidence of poverty of India . Without going into the details, I am sharing some of the initiatives of last decade, which have improved the lives of people of lowest strata of society. Few pointers which can substantiate the reduction in incidence of poverty may be: I- Highly subsidised PM Gramin Awas Yojana to close to 3.5 cr families with average of 4 members benefitting 14 cr people, who have saved a lot on annual maintenance of houses and losses due to rains and storms, thus increasing their disposable income. Similarly close to 3 cr housing units under PM Sahari Awas Yojana benefitting 12 cr people. 2- Electrification of all villages (excluding some small hamlets) has increased their working hours.  3- With rapid expansion of Self Help Groups under NRLM and NULM with close to one crore groups having 10 cr members impacting close to 40 cr people. 4- Interventions social, educational, medical and financial in id...

 INDIAN GROWTH STORY- NEW INTERNATIONAL     POVERTY LINE  World Bank introduced the concept of International Poverty Line in 1990 to capture the daily cost for a person to meet their basic needs, which was fixed at $ 1 for low income group. This limit was revised in 2008, 2015, 2022 and recently in 2025 taking it to $ 3 from $ 2.15. The same is now $ 4.20 and $ 8.40 raised from $ 3.65 and $ 6.85 respectively for Lower Middle Income Countries (LMIC) and Upper Middle Income Countries (UMIC) respectively. World Bank, in its Spring 2025-Poverty and Equity Brief, highlighted India’s significant leap in reduction of extreme poverty from 16.20% in 2011-12 to 2.30% in 2022-23 at $ 2.15 per day per person with absolute reduction of 170 million from 205 million in 2011-12 to 34 million in 2022-23. Even at current extreme poverty line of $ 3, it is at 75 million which is 5.25% thus effectively uplifting 121 million people. With the perspective of Lower Middle Income Countries (...

  An Interaction with Chief Minister of Uttar Pradesh  Pleasure of having a meeting with Honourable Chief Minister of Uttar Pradesh after two years. Interacting on various issues of national and state economy. Thrust of the government on generating employment and income generating activities in rural areas with fine blend of big industries especially two defence corridors will have wide ranging impact on the development of the state. The investment of road infrastructure has already started yielding results. Undoubtedly the State is poised for higher growth. I also presented my book “Banker by Chance, Leader by Choice” to Hon’ble Chief Minister.

 AWAM KI AWAJ- My Interaction with Doordarshan Uttar Pradesh My interaction with Doordarshan Urrat Pradesh will be relayed today at 9.00 PM. The main theme was my journey of last three and half decades. It was very interesting and insightful to interact with the viewers / participants of the program. Please join the programme and share your feedback. My heartfelt gratitude to Doordarshan Uttar Pradesh, Program Head Shri A P Mishra, participants and viewers.

  Awam Ki Awaj by Doordarshan, Lucknow  Doordarshan Lucknow invited me for the program Awam ki Awaj. Here are some glimpses of the program. My heartfelt gratitude to Doordarshan Lucknow and Program Head Shri A P Mishra Ji, who organised and hosted the program. The program will be relayed on Saturday 06/07/2024 on Doordarshan, Lucknow 

                                   Petrodollar- Some Thoughts Fifty years old US - Saudi Petrodollar deal has come to an end. The fifty year old deal, from the perspective of 1970’s, was having far reaching influence on global dynamics of both, the supply and pricing of energy. At that point of time US was having more than 30% of global GDP and Saudi Arabia having more than 30% oil supply in its control. Furthermore ending of dollar gold parity in 1971-72, created a trust issue globally.  The situation has now significantly changed in last five decades: I- USSR has disintegrated and China has become the second largest economy. This has significantly changed the global political dynamics. II- Developing countries are emerging as economic hot spots in global scenario. III- US share in global GDP and Saudi Arabia share in oil have come below 20%, significantly less than 1970’s. IV- The prominent ...

  Banker by Chance, Leader by Choice Writer- Shiv B Singh Book Reviewer - Shri Hari Misra I am happy to share the review of my book "Banker by Chance, Leader by Choice", which has been published in magazine "The Indian Banker" published by Indian Banks' Association, Mumbai. The book is a good guide to Middle and Senior level managerial functionaries, who are on their career progression. The book simultaneously offers good learning exposure to new entrants in the banking industry.

TV Talk on Vigilance Awareness with Doordarshan Utta Pradesh We observed Vigilance Awareness Week during 26-10-2021 to 01-11-2021. Various programmes were organized during the  week at the Corporate Office, Regional Offices and Branches. On the On the last day of the Vigilance Awareness Week i.e 01-11-2021, I had TV talk on Doordarshan Uttar Pradesh in their programme Namaste UP. I share the video recording of the programme.  

  Capital Augmentation in Regional Rural Banks My recent Article "Capital Augmentation in Regional Rural Banks" published in the journal of Indian Banks' Association, "The Indian Banker" Vol IX No.1- August - 2021. I am sharing for the valued comments of the readers.

 Role of PSBs- Impact on Various Sectors of Economy and The Society- Way Forward Post Consolidation           The Institute of Cost Accountants of India organised a Webinar on 17-07-2021 on the "Role of PSBs- Impact on Various Sectors of Economy and The Society- Way Forward Post Consolidation" to mark the 52nd Anniversary of Bank Nationalisation.          I had the pleasure and privilege of sharing my views on the issue with special reference to Regional Rural Banks. Ms Pamaja, MD & CEO of Indian Bank was the Chief Guest.              I am highly thankful to the  Institute of Cost Accountants of India for providing the excellent opportunity, which has enriched me personally, academically and professionally.   

    NATIONAL BANK FOR AGRICULTURE AND RURAL DEVELOPMENT - FOUNDATION DAY                 NABARD celebrated their 40th Foundation Day on 12th July 2021. NABARD is playing the role of the Developmental Financial Institution for promoting lending to farm and non form sector in rural areas. NABARD provides assistance for capacity and capability building through trainings, organizational support for technological & marketing activities and financial support through short term and long term refinance.               NABARD conferred the award of 2nd Best Performing Regional Rural Bank across India on our "ARYAVART BANK" on the parameters of overall performance. I am extremely grateful to NABARD for the honour.               I extend my heartfelt gratitude to MD & CEO, Executive Directors and General Managers of Bank of India for their valued guidance an...

                                                        Post Covid and Atma Nirbhar Bharat A Programme on Covid related issues was relayed by aired by All India Radio, Lucknow on 19-06-2021 having experts from field of medical fraternity and myself represented banking. I had the opportunity to share my views on Human Resource issues and Atma Nirbhar Bharat during and post Covid very briefly.   

"Risks in Banking and COVID-19 - A Practitioner's Perspective"  is my recent article published in the journal "The Microfinance Review" published by Bankers Institute of Rural Development, Lucknow in its Vol 12(2), July-December, 2020 issue.

  Aryavart Bank- Performance Highlights for the Year 2020-21 I have the pleasure of the sharing the performance highlights of our Aryavart Bank. The performance of the Bank has improved significantly on business, operational and efficiency parameters. A big thank you to TEAM ARYAVART, Sponsor Bank- Bank of India, National Bank for Agriculture and Rural Development and Reserve Bank of India.

  Webinar on Business Continuity & HR Challenges during Covid-19 Pandemic           The Webinar on Business Continuity and HR Challenges during Covid 19 Pandemic: Lessons of Financial Institutions (FIs) was organized by Bankers Institute of Rural Development (BIRD), Lucknow on 23-03-2021. The participants from various financial institutions such as Reserve Bank of India, National Bank for Agriculture and Rural Development, Public Sector Banks, Regional Rural Banks, State Cooperative Banks and Small Finance Banks shared their experiences. I had the opportunity to share my views on behalf of the Regional Rural Banks on the topic "Customer Management and Branch Functioning during Covid Times-Challenges & Strategies Adopted". The event was attended by bankers and academicians.          My Sincere thanks to Director BIRD Shri Shankar A Pande and Programme Directors for providing me the excellent opportunity to share my ...

 

Webinar on Reforms in Banking and Insurance Sector On 26-02-2021, our Aryavart Bank participated in a webinar on reforms in Banking and insurance sector organised by Department of Financial services and addressed by Honorable Prime Minister SRI Narendra Modi and Finance Minister Smt Nirmala Sitaraman along with luminarias of Banking and insurance sector. Only two RRBs were invited to attend the webinar, one of the two was our Bank. It was my personal pleasure to be part of such high level consultation.  

RRBs to have access to LAF, MSF  Call and Notice Money - RBI Governor's Statement I had been advocating at various fora for money market access to Regional Rural Banks through Repo, Reverse Repo, Call and Notice Money. My recent article on "Profitability of Regional Rural Banks" published in International Journal of Trends in Scientific Research and Development" has also highlighted this issue. The statement of RBI Governor on 4th December 2020, has found the reference for extending these facilities to Regional Rural Banks, This will make treasury operations of the Regional Rural Banks more efficient. The statement reads as under:  " The Regional Rural Banks (RRBs) are currently not permitted to access the liquidity windows of the Reserve Bank as well as the call/notice money market. With a view to expanding participation in money markets and to facilitate better liquidity management, Regional Rural Banks will be allowed to access the Liquidity Adjustment Facili...