Failing Resolutions, Faltering Recovery: Unchecked Vikas of Corporate Defaulters
The gap between the IBC's intended purpose and its real-world uses raises worries about the overall economic impact.
The gap between the IBC's intended purpose and its real-world uses raises worries about the overall economic impact.
I am not a big fan of international Rating Agencies, but the recent report of Goldman Sachs analysts shows that they too agree with our concerns on Indian Economy.
A new report shows that nine major Asian banks, including three of India, are open to doing business in coal – the dirtiest of all fossil fuels. These three banks are State Bank of...
Driven by illegal incentives, bank executives compel their staff to sell insurance anyhow, with customers paying the price in the form of unwanted policies.
Trends show the drift towards renewables has found new acceleration. India is at a crucial juncture on the climate change pathway when it has to step up its renewable energy capacity while gradually weaning...
Report of the webinar co-organized by All India Bank Officers Confederation and Centre for Financial Accountability on 26th December 2023.
Banks need to fully assess the risks and engage with the local communities and seek free, prior and informed consent before investing in projects.
Our country has a debt of $21.23 trillion (Rs.155.77 lakh crore in March 2023) estimated to increase to Rs.172.50 lakh crore by March 2024. IMF has projected it to reach 100% of GDP by...
In this month’s infrastructure update, the national and international financial institutions such as the ADB, JICA, AIIB and BoB are looking to increase project and policy financing for infrastructure projects.
The five state election results are being analysed from various angles. Communal polarisation, EVM manipulation, welfare schemes are the ones being talked about much more.
The government has time and again stated that ‘write off’ does not mean relief to the borrower as recovery processes continue. But in practice, banks are compelled to forgo any hope of recovery.
An RTI enquiry has revealed that the bad loans of banks are spiking like never before. The answer from RBI reveals that compared to FY 2004 to FY 2014, the last 9 years were...
Addressing a Rozgar Mela last month and virtually handing over 70,000 appointment letters (remember the 2 crore jobs per year promise and the vacant 9, 60,000 posts in the union government itself) the prime...
India already has ambitious renewable energy plans, but its coal baggage and failure..
Anirban Bhattacharya & Pranay Raj A Reserve Bank of India statement on June 8 has set off a raging debate. The bank has allowed for write-offs and compromise settlements for even frauds and wilful...