Submission to the Inspection Panel Working Group We are happy to note the Working Group of the World Bank Board’s Committee on Development Effectiveness is reviewing the Inspection Panel’s toolkit to determine whether it...
A fishing community in India challenges the bank’s private-lending arm in the US Supreme Court. The US Supreme Court sits more than 12,000 miles from Tragadi Bandar, the patch of India’s west coast where...
By ruling out funding new coal-fired power plants globally, Standard Chartered has sent the message that developing countries such as Vietnam deserve clean air and water. Standard Chartered announced this week that it “will...
The Japanese Government’s investment agency, the Japan International Cooperation Agency (JICA) is a signatory to the Memorandum of Understanding (MoU) with the Indian Government for the Mumbai-Ahmedabad High-Speed Rail Project (MAHSR), popularly known as...
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 & current accounts) which banks use for...
The 10th BRICS (Brazil, Russia, India, China and South Africa) Summit was held in Sandton Convention Centre, Johannesburg, South Africa from 25-27 July 2018. Set up in 2009, in the aftermath of the 2008 global financial...
भारत सरकार देश के विकास के नाम पर बड़ी ढांचागत परियोजनाओ के निमार्ण पर पिछलें कुछ दशकों से लगातार बल दे रही है। इन परियोजनाओं को भारत के सकल घरेलू उत्पाद की वृद्धि दर...
All India Bank Officers’ Confederation in a statement condemning the bank merger said, “the announced merger of three public sector banks is nothing but a diversion away from the core issue of NPA recovery....
All India Bank Employees Association said in its statement on bank mergers, “there is no evidence that merger of Banks would strengthen the Banks or make it more efficient. We have seen the example...
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 proposed merger of Vijaya Bank, Dena Bank and Bank of Baroda will lead to closure of branches and job losses. This is “inevitable”, say sources, as both Bank of Baroda and Dena Bank...
Public Statement | New Delhi, September 18, 2018 The Merger of Banks: Harmful, Ill-timed and Avoidable The decision of the government to merge Bank of Baroda, Dena Bank and Vijaya Bank yesterday (September 17, 2018) is...
Prof Arun Kumar speaking on the finance capital, increase in disparity, and the philosophical changes in the society. He was speaking at the speaking at the Symposium on India’s Engagements and Experiences with Accountability...
Increasing urbanisation India has been witnessing the growing pace of urbanization in the country in the past few decades. As per the Census 2011, 31% of the population lives in cities and its contribution...
The 37th Report of the Parliamentary Standing Committee on Energy failed to fix accountability for the NPA crisis in the power sector, while absolving disastrous moves like delicensing. A new report by Delhi-based Centre for Financial...