The first budget of the newly re-elected government was placed on July 5, 2019, by the Finance Minister Nirmala Sitharaman. The budget failed to address the real problems of the economy like unemployment, agrarian...
Much has been written about the nonperforming asset (NPA) crisis plaguing the Indian banking system. The Insolvency and Bankruptcy Code (IBC) has been widely hailed as the silver bullet. But it has arguably done...
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....
Prof. C.P. Chandrashekhar looks into the assumptions behind the recent bank merger of Dena Bank, Vijaya Bank and Bank of Baroda, the long-term impact of it on public sector banks (PSBs), using merger as...
The report āCitizens’ Report on the āFour Years of the NDA Government, 2014-18: Promises & Realityā ā a civil society initiative’ is a collective work by experts, development networks and civil society organisations working...
All India Bank Officers Confederation (AIBOC) on yesterday accused the RBI, Finance Ministry, and Central Vigilance Commission for waking up only after a major scam surfaces. They further charged them with not analysing the...
Press Release | February 23, 2018 Wilfully Letting go Wilful Defaulters of Bank Scams New Delhi: A public meeting held here today has accused the Modi government of wilfully letting go wilful defaulters of...
For immediate release Dishonest to say that NPA crisis is due to the default in agricultural loans: Prof. Prabhat Patnaik New Delhi, January 13, 2018: āIt is incorrect to say that the rise in...
Concerned citizens are drawing the attention of the members of the Parliament towards serious implications of the Financial Resolution and Deposit Insurance (FRDI) Bill 2017 on the individual depositors and the banking sector at...
Public Statement Penalizing for Poverty ā Public Sector Banks Should Stop Extorting Money Over Minimum Account Balance (MAB) Requirement It was highly shocking to learn that State Bank of India (SBI) had levied Rs...
Dr Meera NangiaĀ was speaking at theĀ public meeting titled Last battle to save PSBs on the 29th November 2017 at the Constitution Club of India, New Delhi. The meeting was jointly organised by All India...
DrĀ Usha Ramanathan was speaking at theĀ public meeting titled Last battle to save PSBs on November 29, 2017, at the Constitution Club of India, New Delhi. The meeting was jointly organised by All India Bank...
Gautam Mody was speaking at the public meeting titled Last battle to save PSBs on November 29, 2017, at the Constitution Club of India, New Delhi. The meeting was jointly organised by All India...
Franco was speaking at theĀ public meeting titled Last battle to save PSBs on November 29, 2017, at the Constitution Club of India, New Delhi. The meeting was jointly organised by All India Bank Officerās...
Wrong Diagnosis, Harmful Prescription: A Critique of Financial Resolution and Deposit Insurance (FRDI) Bill, 2017
