Centre for Financial Accountability

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Random Reflections

CBDC–Is it going to be used in elections? Or leading to another demonetisation?

Shaktikanta Das, the governor of the Reserve Bank of India, had so far maintained that India is not ready for a digital currency, but suddenly he has announced that from November 1, Central Bank...

Read more November 7, 2022 at 12:42 pm Thomas Franco

Loan Mela to Rozgar Mela -Hoodwinking People, the BJP Style

Registration for the Rozgar Mela 2022 is going to start online for 9,74,327 vacancies. Let us look at the details first.

Read more October 27, 2022 at 4:46 pm Thomas Franco

Should SBI become the voice of the Government?

State Bank of India is a Public Sector Bank in which the Union Government holds a 54% share. It has to be independent, and it has acted independently in the past.  For example, Mr...

Read more October 18, 2022 at 4:46 pm Thomas Franco

IDBI Bank Sale—The Height of Madness 

When the Nobel Prize in Economics is awarded to economists for their work on “why banks should not be allowed to fail,” the Union Government announced an Expression of Interest in selling IDBI Bank.

Read more October 12, 2022 at 5:57 pm Thomas Franco

Importance of Public Banking System and How the Social Responsibility of Banks is being Diluted

A farmer came to a bank and asked for a loan for cultivation. The branch manager asked for security.  The farmer said that he doesn’t have any security.

Read more October 3, 2022 at 4:05 pm Thomas Franco

History in the making: March for Accountability Act in Rajasthan

Jawabdehi Yatra organised by Mazdoor Kisan Shakti Sangathan (MKSS) along with 80 other organisations in Rajasthan is making history.

Read more September 26, 2022 at 3:01 pm Thomas Franco

Understanding Deregulation, Privatisation & Economic Reforms: What derailed the Indian economy?

The derailment began in 1991, with the World Bank, an IMF loan, and the liberalisation, privatisation, and globalisation agenda.

Read more September 20, 2022 at 12:56 pm Thomas Franco

Is the claim of Adani Group true? Who can clarify?

The Adani Group is taking all efforts to counter the opinion expressed in the recent CreditSights report, a subsidiary of Fitch Ratings, which said it remains “cautiously watchful” of the debt-funded expansion of the...

Read more September 9, 2022 at 1:41 pm Thomas Franco

RBI Bulletin- What did the media miss out?

It is surprising that none of these national newspapers noticed the footnote in the publication which said that this was not the opinion of the RBI.

Read more August 22, 2022 at 1:35 pm Thomas Franco

KYC – Kill Your Customer?

Last year, a retired scientist received a call purportedly from SBI informing him that his account is blocked for non-compliance of KYC. They sent him a password to be shared with the caller. He...

Read more August 17, 2022 at 10:56 am Thomas Franco

Developing Rural Economy through Unionisation- A Classic Model

Mahatma Gandhi National Rural Employment Guarantee Act 2005 was started in 2005 by the United Progressive Alliance- a coalition Govt led by the Congress Party in which the Left played an important role.

Read more August 9, 2022 at 11:37 am Thomas Franco

How to destroy the Indian Economy? Poonam Gupta and Arvind Panagaraiya prescribe

A report presented by Poonam Gupta and Arvind Panagaraiya at the India Policy Forum 2022 on 12th July, is clearly a prescription for destroying the Indian Economy which is already on the verge of...

Read more August 2, 2022 at 12:31 pm Thomas Franco

Is SBI getting Privatised?

Arvind Panagariya and Poonam Gupta have come up with a demand that all public sector banks except the State Bank of India should be privatised.

Read more July 25, 2022 at 12:58 pm Thomas Franco

LIC should run the IDBI bank and not some fortune seekers

In the USA right now, roadshows by our government to sell IDBI Bank are happening, soliciting prospective buyers.

Read more July 11, 2022 at 7:10 pm Thomas Franco

Roadshows in the US to sell IDBI Bank! Why not allow LIC to own it?

“Banking is a very good business if you don't do anything dumb,” goes an anonymous quote.

Read more July 5, 2022 at 10:19 am Thomas Franco
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Centre for Financial Accountability

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Phone: +91-11-49123696
E-mail: info@cenfa.org
Website: http://www.cenfa.org/

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    Centre for Financial Accountability (CFA) aims to bring in accountability in financial institutions who lend money to development projects, through research and campaigns.

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