Sovereign Debt: Liability in Perpetuity The announcement тАУ made by Nirmala Sitharaman, Finance Minister of India in her maiden budget speech тАУ that India will look for options to raise funds from external markets...
August 18, 2019, Chennai: The recently concluded two-day conference on Energy Finance in India at IIT Madras witnessed enthusiastic participation from various regulators, experts, industry leaders, bankers, activists and discussion on issues related to...
Insolvency and Bankruptcy Code (IBC), once hailed as the panacea of all ills plaguing bad debt of corporations and for quick recovery of outstanding loans from them, has been in operations for a while...
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...
RBI тАШrelaxesтАЩ norms on BSBDA accounts: There are news reports mentioning that with the new notification RBI has eased norms for BSBD accounts and new facilities will be provided to Basic Saving Bank Deposit...
For Immediate Release Not Just RTGS And NEFT, RBI Must Do Away With All Bank Charges Financial Accountability Network India welcomes the Reserve Bank of IndiaтАЩs decision to remove charges for the RTGS and...
As a part of FAN IndiaтАЩs campaign against bank charges imposed on saving account holders, people have been lending support by sending emails to RBI governor and demanding the removal of the various charges...
This book, published by the Centre for Financial Accountability (CFA), New Delhi, critically analyses some of the major economic policies of the National Democratic Alliance (NDA) government since May 2014. The book chronicles тАЬtectonic...
More NPAs to haunt banks with IL&FS Exposures: The NCLT has asked the banks to consider their exposure to ILFS as NPAs. Earlier NCLT has restricted banks from declaring their exposure to IL&FS prompting...
Criticising the latest Reserve Bank of India’s (RBI) annual Banking Ombudsman Report, which revealed dissatisfaction among 25 per cent customers, Financial Accountability Network (FAN India), has issued a public statement chiding RBI for being...
Banks act as financial intermediaries between depositors and borrowers. It is the public money, deposited in the form of term deposit (fixed deposits) and time deposit (saving and current accounts) which banks use for...
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...