The last five years have been a watershed moment in Indian politics and economy. The NDA alliance’s grand victory on the agenda of development and good days to come (achhe din) stated off on...
The Financial Year 2018-19, which recently ended, proved to be the most challenging year for the financial world. The first and foremost challenge was the introduction of the Financial Regulatory and Deposit Insurance Bill...
It is being emphasised quite often that the infrastructure sector is a crucial driver for the Indian economy. The sector would be responsible for propelling India’s overall development and enjoys intense focus from the...
It is being emphasised quite often that the infrastructure sector is a crucial driver for the Indian economy. The sector would be responsible for propelling India’s overall development and enjoys intense focus from the...
Bad loans have worsened the banks’ balance sheet. Because of this, the money which banks need to put aside (called provisions) for bad loans has increased manifold, resulting in a decrease of money available...
With the formal process of selection of a new World Bank President kick-starting in a week’s time, it’s imperative to have a view beyond this selection, now that the dust of Jim Kim’s sudden...
हमारा पैसा, हमारा अधिकार: एक पारदर्शी और जवाबदेह वित्तीय एवं बैंकिंग व्यवस्था की ओर वित्तीय और बैंकिंग मुद्दों को 2019 के चुनावी अभियान के साथ चुनावी घोषणापत्र में इनको शामिल करने का आग्रह करते हुए...
The resignation of the World Bank President Jim Yong Kim was an unexpected development given the fact that he had three more years to complete his tenure. Resignations at such a high level after bidding for...
Johannesburg – World Bank president Jim Kim is an ex-leftist who claims that in the mid-1990s he wanted to shut down the Bank. At the time, it was an entirely valid, realistic goal of the 50 Years...
Our Money, Our Right Towards a Transparent and Accountable Financial and Banking System Appeal to political parties by people’s movements, civil society organisations, trade unions and concerned citizens on finance and banking, with a...
In the past four and half years, the country has gone through a major socio-political and economic upheaval as never before. At no point in the recent history has the country as a whole,...
Here’s a lowdown on what good and bad came out of Kim’s reign as the bank’s president and what seems to be the future of the coveted title Jim Yong Kim resigned from the...
This impact is not only circumscribed to NPA. Overall, Indian banking is passing through one of the worst crisis in history. Since the last three years, banking in the public sector is almost stagnant....
India’s vulnerability stems from two sources: rapid debt expansion that has increased the volume of doubtful debt and encouraged excess debt exposure in a set of corporates. And increased exposure to dollar debt, partly...