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Why Should We Care About Development Finance? ...because it's our money! Volume 2, Issue 40, April 19, 2019 The Economics Of Julian Assange’s Arrest With the latest lending of $10 bn to Ecuador by IMF, World Bank and other intuitions, rejecting asylum to Assange, the subsequent arrest yesterday and the possible extradition to US, where he will be tried for exposing the gross violations committed by them, one is sure that as long as functioning of these institutions are concerned, they still been used by powerful countries like the US for their narrow political interests as in the ’60s and ’70s despite tall talks about transparency and accountability. That is worrisome. Bank Charges Have Created Havoc In The Lives Of People “Bank charges have created havoc in the lives of people. Where would they go for the safety of their money? These charges are being levied by the banks when the corporates have taken massive loans, of which over Rs 4.5 lakh crores of NPAs have already been waived off by the government,” says Ambarish Rai, National Convenor, the Right to Education Forum. We Must Together Oppose Bank Charges: Indu Prakash Singh The Bank’s policy of levying charges is wrong. We must together oppose this policy as whatever the service, they charge for it. From SMS alerts to transacting on the bank. These all are arbitrary charges, which we must not pay as it is our hard- earned money. It is not money for the banks. It is the money that we require for our daily upkeep and living,” says social activist Indu Prakash Singh. We Pay Bank Charges Twice On The Same Money: Priyanshu Jain, Student "Whenever I need money, I ask my father for it. Due to the capping on the number of free transactions, we often end up paying the fine," says Priyanshu Jain, a BCom student. Bank Charges Must Go Now! Bank charges come in multiple forms: non-maintenance of minimum balance, cash withdrawals and deposits at bank branches and ATMs, cash deposit at Cash Deposit Machines, balance inquiry and mini-statements from ATMs, annual charge on debit cards, regeneration of ATM PIN from bank branches, SMS alerts, change of address or mobile number, changes in KYC related documents etc. All of these directly hurt the poor most. Centre for Financial Accountability, New Delhi https://www.cenfa.org To subscribe, write to: [email protected] Want to change how you receive these emails? You can update your preferences or unsubscribe from this list

The Economics Of Julian Assange’s Arrest Bank Charges …...Subject:Mailchimp Template Test - "Finance Matters, April 19, 2019" Date:19 April 2019 at 2:47 PM ... loans, of which

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Page 1: The Economics Of Julian Assange’s Arrest Bank Charges …...Subject:Mailchimp Template Test - "Finance Matters, April 19, 2019" Date:19 April 2019 at 2:47 PM ... loans, of which

From: [email protected]: Mailchimp Template Test - "Finance Matters, April 19, 2019"

Date: 19 April 2019 at 2:47 PMTo: [email protected]

Why Should We Care About Development Finance? ...because it's our money! Volume 2, Issue 40, April 19, 2019

The Economics Of Julian Assange’s ArrestWith the latest lending of $10 bn to Ecuador by IMF, World Bank and other intuitions, rejectingasylum to Assange, the subsequent arrest yesterday and the possible extradition to US, wherehe will be tried for exposing the gross violations committed by them, one is sure that as long asfunctioning of these institutions are concerned, they still been used by powerful countries likethe US for their narrow political interests as in the ’60s and ’70s despite tall talks abouttransparency and accountability. That is worrisome. Read more...

Bank Charges HaveCreated Havoc In TheLives Of People“Bank charges have created havocin the lives of people. Where wouldthey go for the safety of theirmoney? These charges are beinglevied by the banks when thecorporates have taken massiveloans, of which over Rs 4.5 lakhcrores of NPAs have already beenwaived off by the government,”says Ambarish Rai, NationalConvenor, the Right to EducationForum. Watch here...

We Must TogetherOppose Bank Charges:Indu Prakash SinghThe Bank’s policy of levyingcharges is wrong. We musttogether oppose this policy aswhatever the service, they chargefor it. From SMS alerts totransacting on the bank. These allare arbitrary charges, which wemust not pay as it is our hard-earned money. It is not money forthe banks. It is the money that werequire for our daily upkeep andliving,” says social activist InduPrakash Singh. Watch here...

We Pay Bank ChargesTwice On The SameMoney: Priyanshu Jain,Student"Whenever I need money, I ask myfather for it. Due to the capping onthe number of free transactions, weoften end up paying the fine," saysPriyanshu Jain, a BComstudent. Watch here...

Bank Charges Must GoNow!Bank charges come in multipleforms: non-maintenance ofminimum balance, cashwithdrawals and deposits at bankbranches and ATMs, cash depositat Cash Deposit Machines, balanceinquiry and mini-statements fromATMs, annual charge on debitcards, regeneration of ATM PINfrom bank branches, SMS alerts,change of address or mobilenumber, changes in KYC relateddocuments etc. All of these directlyhurt the poor most. Act Now...

Centre for Financial Accountability, New Delhi

https://www.cenfa.org

To subscribe, write to: [email protected]

Want to change how you receive these emails? You can update your preferences or unsubscribe from this list