Banking in the Dilemma of Recovery
Presently the Indian Banking is passing through a deep crisis mainly on account of mounting Non-Performing Assets, which were unfolded after the Assets Quality Inspection by the RBI at the instance of the then...
Smitu Kothari Fellowship for Young Writers
The Centre for Financial Accountability (CFA), a New-Delhi based organisation working to strengthen and improve financial accountability within India, invites applications for the inaugural Smitu Kothari Fellowship. The Indian government, for past few decades, has...
Crisis in PSBs & Importance of Bank Unions
Crisis in Public Sector Banks and Importance of Bank Unions – Prof C.P Chandrashekar
“Dangers” of Privatising Public Sector Banks Loom Large
A public statement, released jointly by Soumya Dutta of the All-India Bank Officers’ Confederation, Priya Dharshini of the Centre for Financial Accountability, Madhuresh Kumar of the National Alliance of People’ Movements, and Gautam Mody...
Growing Financial Crisis in the Power Sector
In the past few years, a major shift has taken place in the power sector on several fronts including environment clearance, national forest policy, coal mining regulation, power purchase agreement (PPA), fuel supply agreement...
Bank Frauds and Risk Management in India
After the spate of bank frauds came into the light, the parliamentarians raised this issue in the ongoing session of the parliament. Answering the question in the Lok Sabha, on July 20, 2018, on...
Is Ownership Neutrality A Step Towards Privatisation?
The privatisation of public sector banks has been an issue of debate for a long time. Economic experts are again talking about privatisation of public sector banks (PSBs) due to current non-performing assets (NPAs)...
LIC Rakes in Money Because of over 25 Crore Policyholders
Last week, according to the media reports, the board of the Insurance Regulatory and Development Authority of India (IRDAI) approved public-owned Life Insurance Corporation’s (LIC) proposal to increase its stake in the troubled public...
The Best of Finance Matters: First Anniversary Issue
A year back when we started our weekly newsletter Finance Matters, what we intended was to bring together the news and analysis from the world of finance, in a form and language comprehensible to...
Sucheta Dalal on the Growing Crisis in the Indian Banking Sector
Financial analyst and journalist Sucheta Dalal said that the Indian banking system is at the verge of crisis, reeling under the mounting bad loans, caused by unfettered corporate loans. Referring to government’s announcement in...
India’s Publicly Owned Banks ‘Favour Coal Lending Over Renewables’
The Centre for Financial Accountability said coal received $9.4bn last year, compared to clean technologies receiving $3.5bn India’s public-owned banks and finance groups lent more money to coal projects than renewables in 2017. That’s according...
Government-owned Banks in India Financed More Coal than RE in 2017
June 19, 2018 – A new analysis of energy project lending shows that majority of government owned banks and financial institutions continued to fund coal projects in 2017. The same analysis also reveals private...
Booklet: India 2017 Coal v/s Renewables Finance Analysis
This report identified and reviewed project finance lending to 72 energy projects, comprising coal-fired power stations and renewable energy generation facilities in India that reached financial close in 2017. These projects attracted total lending...
Blue Economy, Its Impact on the Coastal Economy, and the Role of IFIs
Siddharth Chakravarty of The Research Collective explains the Blue Economy, its impact on the coastal economy, and the role of international financial institutions in pushing this project.
Coastal Infrastructure and Fishers Struggle in India
Jesu Rathnam, Coastal Action Network, says that the Sagarmala project, which envisages the development of infrastructure projects- like highways, ports, jetties- along with the coast of India, will lead to the destruction of the...
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