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...
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...
September 6, 2018: A new report has criticised the Parliamentary Standing Committee on Energy for failing to fix responsibility on who should have been held accountable for the current NPA crisis in the power...
The Centre for Financial Accountability (CFA), a New-Delhi based organisation working to strengthen and improve financial accountability within India, invites applications for the inaugural Smitu Kothari Fellowship. The Indian government, for past few decades, has...
Public Statement | August 16, 2018 A Battle Won, The War Looms at Large: Statement on the Withdrawal of Financial Resolution and Deposit Insurance Bill A Joint Statement On 7th August 2018, a year...
For Immediate Release U.S. Government Opposes “Absolute” Immunity for World Bank Group in Brief to SCOTUS Washington, D.C., August 1, 2018 – Late yesterday, the U.S. Government urged the U.S. Supreme Court to reverse...
As many of you are aware, we ran an intense stakeholder engagement process on Right to the City and the Smart City in India, over a long period of time. This was part of...
Most of the International Financial Institutions enjoy legal immunity in most of the countries. The immunity enjoyed by IFI’s like the World Bank Group raises pertinent questions around the extent of immunity granted to...
Professor Arun Kumar questioned the model of economic growth by asking who is it for. The economy is not growing at 7%, as claimed by the government, the big shocks of demonetisation and GST...
“AIIB has created a superstructure, an ecosystem which acts as a complex web of shining terminologies and projects to attract investments, which actually is a smoke screen to hide the fact that there’s no...
Senior activist Ulka Mahajan of Sarvahara Jan Andolan said, “The infrastructure that is being developed is not what people demand, but it is what global capital demands. The international financial institutions are promoting corporate...
A year back when we started our weekly newsletter Finance Matters, what we intended was to bring together the news and analysis from the world of finance, in a form and language comprehensible to...