The war of words between the Finance Minister and RBI governor has steamed up with the Arvind Subramanian, Chief Economic Advisor, jumping in the fray attacking the Urjit Patel, RBI Governor, who commented, among...
In the aftermath of the Rs. 12,000 crore fraud perpetrated by Nirav Modi, the critics of the Indian Banking system has launched into a fresh debate on the ownership structure of Indiaâs Public Sector...
International Finance Corporationâs (IFC) grievance redressal body Compliance Advisor Ombudsman (CAO) in its compliance investigation report has indicted IFC for not following its Performance Standards in Vizhinjam International Seaport Limited (VISL), a special purpose...
To, Shri. M.M. Kutty Executive Director, India Asia Infrastructure Investment Bank March 14, 2018 Subject: AIIBâs proposed investment in National Investment and Infrastructure Fund Dear Shri M.M. Kutty, We are writing with regard to the AIIBâs...
The Council on Ethics for the Government Pension Fund Global (GPFG), an independent body of the world’s largest sovereign wealth fund, that makes recommendations to the Norges Bank with regards to either excluding companies...
Criticizing the people advocating privatization of the Public Sector Banks, Meera Nangia, Prof of Commerce, Delhi University, remarked, âWe need to talk about Corporate Accountability and not just the accountability of Public Sector Banks.â...
Moumita Dutta, Joint Secretary, AIBOC, highlighted that RBI was also responsible for the scam. She asked, âWhat is the need of LoUs by RBI when the Buyer Credit already exists?â Emphasising that the Banks...
This document is an effort to compile data of investments coming into India from MDBs, ExIm banks and other bilateral investments, to help understand the landscape of financing from these institutions and help to...
Ever since the first lending from World Bank in 1949 worth $34 million to Indian Railways and the bilateral credit India received from the erstwhile USSR and USA in the early 50s, India has...
Nilotpal Basu of the Communist Party of India Marxist CPI(M) said that the crisis one is witnessing in the banking sector is a part of the larger crisis the country is facing on multiple...
International law and human rights law experts are urging the U.S. Supreme Court to hear our clientsâ case, Jam v. International Finance Corporation challenging the immunity of the International Finance Corp. (IFC), the private...
âIndia is becoming a nation of defaulters! Why do defaulters get to buy new companies and new deals?â policy analyst Mohan Guruswamy asked at the public meeting titled âCrisis in the Banking Sector: Who...
The call for reforms in the labour laws in the country became strong with the liberalisation of the economy in the 90âs. The Second National Commission on labour was set up in 1999 which...
A latest report has asked Asian Infrastructure Investment Bank (AIIB) to âtread carefullyâ on National Infrastructure and Investment Fund (NIIF), a fund of fund that seeks to create long-term value for domestic and international...
February 2, 2018, Amsterdam, and New Delhi: The Asian Infrastructure Investment Bank (AIIB) must âtread very carefullyâ before approving a new USD 200 million deal with India in April 2018, for fear of turning the key on some highly controversial...