In response to the article published in Finance Matters last week, titled “MUDRA loan numbers – Biggest jumla by the Finance Minister” by Mr. Thomas Franco, Ministry of Finance & Corporate Affairs through their...
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 claim of the Prime Minister that the Banking Sector has become robust is not true if we analyse the facts and figures. On Jan 1 2015, Gyan Sangam 1 was organised in Pune...
A recent settlement by the National Company Law Tribunal (NCLT) , Mumbai Branch on December 19, 2023 had approved a resolution plan in respect of Reliance Communications Infrastructure Ltd. (RCIL), a wholly-owned subsidiary of...
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...
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.
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...
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...
