In a recent interview with the press in the industrial town of South India, Coimbatore, the Finance Minister clarified to Mr Sundarraman, a reporter from The Indian Express, that according to the bank’s data...
A new ecosystem based on loan apps has mushroomed across India’s financial landscape over a decade, preying on those abandoned by the formal banking sector. The Reserve Bank of India (RBI) recently imposed a...
With climate change, human interventions, unscientific development and greed, disasters are frequently happening in the country. As Dr P. Sainath writes in the title of his famous book, “Everybody Loves a Good Drought,” everyone...
“What really was new was the trick of claiming Neo liberalism stripped away rules when much of what it was doing was imposing new rules that favoured banks and the wealthy. For instance, the...
The Reserve Bank of India released a new draft of the project finance framework in May. To address risks and impacts, it must integrate social and environmental considerations, writes the author of this commentary.
The nationalisation of 14 banks on 19th July 1969 was the most desirable and important economic cum social reform in independent India. After 2 days of Nationalisation, Mrs. Indira Gandhi explained to the Parliament...
The plain truth is- ‘without depositor's funds, banks will cease to exist.’ Hence, the banks have a primary responsibility towards the depositors. They should not only keep the deposit safe but also provide a...
डेढ़ दशक पहले अमरीका के साथ होने वाले जिस परमाणु समझौते को लेकर तब की मनमोहन सिंह सरकर गिरने-गिरने को हो गई थी, आज वही परमाणु ऊर्जा खुल्लम-खुल्ला धंधे में उतर आई हैं। दुनियाभर...
The CFA emphasised the critical need to empower shareholders, customers, and the general public with comprehensive information on the climate crisis's impact on FI investments.
Says clarity and specificity are needed to ensure effective implementation and compliance with disclosure requirements.
Can you see that the entire country is run by three business magnets? There are a few more. As told by the former Chief Executive of Niti Ayog, Amitabh Kant, they are creating 5...
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.
