On August 30th 2019 Finance Minister Nirmala Sitharaman announced collapsing of 10 Public Sector Banks in 4 Banks. A lot has been said about what will be the impact of this decision on NPA...
NewsClick spoke to Priya Dharshini from the Centre for Financial Accountability about the ongoing bank mergers in order to understand the larger implications of the mergers on the banks as well as economy. We...
Rs. 1.76 lac crore from RBI’s reserve fund transferred to Central Government RBI central board accepted the recommendations of the Jalan Committee – formed last year to review the economic capital framework for RBI’s reserved funds...
All India Bank Employees Association (AIBEA) has been publishing a series of posters on bank mergers. Powerful, insightful and valiant, these posters speak for themselves and capture the essence of the opposition to bank...
In the wake of RBI’s decision to transfer Rs 1.76 lakh crore to the government as per the recommendations of the Bimal Jalan-led committee; and Modi Government’s the decision to merge 10 Public Sector...