IndianBankers

05/05/2026

Do we need greater transparency in RBI’s defence of the rupee?
Rupee Stability or Rupee Mirage?

India grows at 6.5%, yet slips in global rank. The Reserve Bank of India projects stability through spot sales, forwards, and swaps. Headlines reassure markets, but citizens still face inflation, eroded savings, and costly imports.
In my article published in NewsClick on 23 April 2026, I examine whether this stability is genuine strength or a carefully managed illusion. Spot interventions drain reserves, forwards defer burdens, and swaps inject liquidity today while absorbing it tomorrow. Offshore hedging remains unchecked.

The contradiction is stark: stability is visible, sacrifice invisible. Citizens ask—if the rupee is “defended,” why do household costs keep rising? My analysis argues that stability without transparency is not strength; it is a mirage.

👉 Read the full article here:https://lnkd.in/gqnBdauZ

24/03/2026

Banks are offering higher FD rates, but is this generosity or a sign of funding stress?
I explore the widening gap between credit growth and deposit growth in my latest NewsClick article.

Read here: https://lnkd.in/gvrd8eSE

Key Highlights

• Deposit Wars: Banks are aggressively competing for deposits with special FD offers, higher rates, and flashy campaigns.
• Underlying Stress: What appears as generosity to depositors is actually a survival tactic, as credit growth (~14.6% YoY) is outpacing deposit growth (~12.5% YoY).
• Citizen Impact: The imbalance signals fragility in the banking system, raising concerns about funding stress and long-term sustainability.

Why It Matters

• For Depositors: Higher FD rates may seem attractive, but they reflect systemic stress rather than generosity.
• For Policymakers: The widening gap between lending and saving highlights the need for regulatory vigilance.
• For Citizens: Understanding these signals helps in making informed financial decisions and recognizing early warning signs of instability.

This link will take you to a page that’s not on LinkedIn

27/02/2026

Invisible Debt: The Silent Trap in India’s Digital Finance

BNPL schemes and embedded credit lines are quietly turning citizens into borrowers without consent. What looks like convenience is often invisible debt—unregulated, unrecorded, and dangerously easy to trigger.

Banks and fintechs are shifting risks onto unsuspecting users, while regulators lag behind. If India’s financial future is to remain democratic, visibility and consent must be restored.

👉 Read my full article published in NewsClick here:

03/02/2026

’s 300% penalty clause has triggered panic among .
My article “The 300% Penalty Trap: Why NRIs and Their Families Deserve Clarity, Not Punishment” is now published in Newsclick (Feb 2, 2026).
It calls for clarity, proportionate enforcement, and citizen centric reform.
The piece explains what’s safe vs. risky for NRIs under current rules — essential reading for families and friends connected abroad.
👉 Read here: https://lnkd.in/g3TBQev5 (newsclick.in in Bing)

02/02/2026

Cover Image of my Linkedin account 'Kulwinder Singh Sethi'.

01/12/2025

The Silent Collapse of Citizen Control in Digital Finance

Fintech promised empowerment. Citizens were told they’d borrow instantly, repay flexibly, and control their money. But behind the sleek apps, are we quietly losing control?
🔹 Traditional banking offered visibility and human discretion
🔹 Digital finance replaces trust with opaque algorithms
🔹 Citizens face confusion when decisions are hidden
🔹 Who really owns your financial choices — you, or the platforms?

I explore these questions in my latest Moneylife article: The Silent Collapse of Citizen Control in Digital Finance.
👉 Read here: https://lnkd.in/eKaSRumm
💬 Do you think fintech has simplified life, or taken away citizen control?

17/10/2025

Grateful to see my article “No Policy, No Loan” gain traction — 9.3K views and counting on Moneylife’s post.

This piece exposes how forced insurance bundling violates banking ethics and invites judicial scrutiny.

Let’s keep pushing for transparency and citizen dignity in financial systems.

15/10/2025

My New Article, JUST PUBLISHED in NewsClick:"Locked Out of My Own Money: Banking on Charges, Not Trust"
A citizen’s case against procedural indifference in Indian banking

In a democracy, access to public services should never feel like trespassing.
Yet today, senior citizens must adjust chained gates to enter bank branches—while digital platforms freeze accounts without notice, explanation, or empathy.

This article explores:
🔒 The Closed Gate – A metaphor for exclusion, both physical and systemic
📱 The Digitization Disgrace – Where digital banking punishes without due process
⚖️ The Legal Grey Zone – RBI’s freeze rules often lack statutory grounding
🧭 The IBA’s Silence – Once guided by GRACE, now absent in customer advocacy
📊 UPI Workflows – Technically sound, practically inaccessible

💬 Have you or someone you know faced a digital lockout or procedural freeze? Let’s bring these stories to light.

👉 Read the full article on NewsClick:
https://lnkd.in/eCdRN6Wb

05/10/2025

My latest article in is now live:
No Policy, No Loan: How Forced Insurance Selling Breached Banking Ethics and Invited Judicial Scrutiny
👉 https://lnkd.in/eGzdPh7Y

This exposé is relevant to every bank customer and banker who believes in ethical practice and informed consent.

It uncovers how endowment insurance policies—often unsuitable and long-term—are being bundled with loans, leaving unsuspecting borrowers with penalties, surrender losses, and capital erosion. These practices violate RBI norms and have now This exposé is not just for policy analysts or insiders—it’s for every bank customer and banker who believes in ethical practice and informed consent.

The article uncovers how endowment insurance policies—often unsuitable and long-term—are being bundled with loans, leaving unsuspecting borrowers with penalties, surrender losses, and capital erosion. These practices violate norms and have now drawn judicial attention.

Key themes covered:
Mis-selling of insurance products under coercive loan conditions
RBI’s regulatory stance and its gaps in enforcement
Judicial affirmation of citizen rights
The human cost of procedural indifference

This is a call for systemic reform, not just isolated correction. I invite you to read, reflect, and share widely. Let’s amplify the voices of those who stood up—and those who were never given a choice.

Kulvinder Singh Sethi
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05/09/2025

Re-KYC or Repression?

Millions of low-risk citizens—pensioners, salaried employees, welfare recipients—are facing account freezes not for fraud, but for missing arbitrary re-KYC deadlines.

My latest article in Newsclick reveals how banks are ignoring RBI’s citizen-friendly framework and enforcing blanket resets.

This isn’t compliance—it’s institutional harm.
₹10,000 crore wasted annually
Pensioners stranded
Digital options ignored
Read the full article 👇
https://www.newsclick.in/re-kyc-or-repression-banks-are-freezing-citizens-not-fraud



Financial Times,moneycontrol.com,The Economic Times,RBI, Department of Revenue, Ministry of Finance, Government of India

13/08/2025

“Do, Let Do, or Look Away -
What kind of democracy are we really building?”

In this article, I explore how public sector employees—meritorious, striving, and docile—shape the outcomes of India’s most controversial governance episodes.

From electoral bonds to corporate loan write-offs and the Anil Ambani fraud flip-flop, the question isn’t just what happened—it’s who allowed it to happen.
https://www.linkedin.com/posts/kulwinder-singh-sethi-564129118_what-kind-of-democracy-are-we-buildingone-activity-7361274771050795011-0La-?utm_source=share&utm_medium=member_desktop&rcm=ACoAAB007dwBmyoUmpAL_vEv3ssxvWoHOQTcC5o

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The Economic Times, Business Standard News, Mint Lounge, The Hindu Business Line, moneycontrol.com, Indian Express, Financial Times