The AIIB Must Stop Funding Fossil Fuels
At the Asia Infrastructure Investment Bank’s (AIIB) third AGM in India this June, the AIIB has an opportunity to lead the way in sending a strong signal to other investors that the era of...
Analysing the Asian Infrastructure Investment Bank
The Third Annual Governors Meeting of Asian Infrastructure Investment Bank will be held in Mumbai, India from 24-25 June 2018. This two-year-old multilateral bank is investing in all major sectors, including energy, without...
Modi Government Wrecking Public Sector Banks and the Indian Economy
Public Statement | April 27, 2018 After Demonetisation, now the Cash Crunch in ATMs: Modi Government Wrecking Public Sector Banks and the Indian Economy A Joint Statement In the past few weeks, ATMs across...
CSOs Oppose AIIB’s Plan to Allow Management to Approve Projects
April 9, 2018: 62 Civil Society Groups from four continents issued a public statement to express their concern about the Asia Infrastructure Investment Bank’s (AIIB) ongoing Board meetings in which it is being proposed...
Statement from Concerned Civil Society on the AIIB’s Accountability Framework
Undermining Accountability at the Asian Infrastructure Investment Bank: A Public Statement from the Concerned Civil Society on the AIIB Accountability Framework 6 April 2018 We, the undersigned civil society groups from around the world, express...
CSOs Ask AIIB’s India Executive Director to not to go Ahead on NIIF
To, Shri. M.M. Kutty Executive Director, India Asia Infrastructure Investment Bank March 14, 2018 Subject: AIIB’s proposed investment in National Investment and Infrastructure Fund Dear Shri M.M. Kutty, We are writing with regard to the AIIB’s...
We need to Talk about Corporate Accountability
Criticizing the people advocating privatization of the Public Sector Banks, Meera Nangia, Prof of Commerce, Delhi University, remarked, “We need to talk about Corporate Accountability and not just the accountability of Public Sector Banks.”...
RBI is also Responsible for the Nirav Modi Scam: Moumita Dutta, AIBOC
Moumita Dutta, Joint Secretary, AIBOC, highlighted that RBI was also responsible for the scam. She asked, “What is the need of LoUs by RBI when the Buyer Credit already exists?” Emphasising that the Banks...
Booklet: Tentacles of International Finance in India
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...
Banking Sector Crisis is a Part of Larger Mess: Nilotpal Basu
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...
India is Becoming a Nation of Defaulters: Mohan Guruswamy
“India is becoming a nation of defaulters! Why do defaulters get to buy new companies and new deals?” policy analyst Mohan Guruswamy asked at the public meeting titled ‘Crisis in the Banking Sector: Who...
New Report Warns AIIB to do Due Diligence before Investing in NIIF
A latest report has asked Asian Infrastructure Investment Bank (AIIB) to “tread carefully” on National Infrastructure and Investment Fund (NIIF), a fund of fund that seeks to create long-term value for domestic and international...
AIIB Warned to “Tread Carefully” Before Turning its Key on NIIF
February 2, 2018, Amsterdam, and New Delhi: The Asian Infrastructure Investment Bank (AIIB) must “tread very carefully” before approving a new USD 200 million deal with India in April 2018, for fear of turning the key on some highly controversial...
Why do the corporations owning 80% of NPAs go scot-free?
“Why do the big corporations who owe 80% of NPAs go scot-free?,” M.K. Venu of the Wire asked at the public meeting titled ‘Crisis in the Banking Sector: Who Stole? Who Pays?’ Crisis in...
Bank recapitalisation is Not Exactly a Solution to the NPA crisis
An intervention of Anupam, Swaraj India, at the public meeting titled ‘Crisis in the Banking Sector: Who Stole? Who Pays? “Crisis in the Banking Sector: Who Stole? Who Pays?” Crisis in the Banking Sector: Who...
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