Snippets from the Indian Banking and Finance Arena – November 2020 RBI announces: India in historic technical recession. Is COVID pandemic the only reason? RBI’s deputy governor in charge of monetary policy, along with...
On the 3rd anniversary of demonetisation, which wrecked the economy from which India is yet to recover, put people in insurmountable misery and for which nobody is held accountable yet, a small video capturing the...
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...
नेशनल थर्मल पाॅवर काॅरपोरेशन (एनटीपीसी) भारत के चार ‘‘नवरत्नों‘‘ में से एक होने के साथ, एक “फार्च्यून 500” कंपनी भी है। भारत के विकास में एनटीपीसी ने चार दशकों से ऊपर एक अहम् भूमिका...
This exclusive report documents the violations caused by the NTPC’s power plants on various fronts over the past decade — forceful land acquisition, environmental damage caused to communities, toxic pollution due to large-scale coal-fired...
What is the inside story of the bank frauds in India? An insight into the ‘Top 100’ bank frauds by the Central Vigilance Commission On October 15, 2018, the Central Vigilance Commission (CVC) released...
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 sector. The report,...
When the Bill for ‘Insolvency and Bankruptcy Code, 2016’ was passed in parliament in May 2016, it was hailed as the biggest economic reform, only next to GST, by the current government. The Insolvency...
According to recent news published on the Business Standard, the leading banks of India are designing a scheme for bailing out stressed assets in the power sector, which, as per the latest report of Parliamentary Standing Committee on...
The Council on Ethics for the Government Pension Fund Global (GPFG), an independent body of the world’s largest sovereign wealth fund, that makes recommendations to the Norges Bank with regards to either excluding companies...
Recapitalization or capital infusion of Public Sector Banks from budgetary allocations has been making news for the past few years on a regular basis. In August 2015, the government under its Indradhanush framework announced...