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...
In a critique of the March 2018 report of the Parliamentary standing committee on energy, CFA has stated that the recommendations suggested by the Committee to address the problem of stressed assets in power...
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,...
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...
Debt-laden and deadly, India’s coal-fired power sector continues to suck out large sums and pump in toxic pollutants. Is the country heading into dark times on the pretext of seeing light? TOI analyses various...
25 years of Inspection Panel has a special significance for India, having played a key role in its formation. As in the case of all safeguard and other policies, the independent accountability mechanisms (IAMs)...
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...
Presently the Indian Banking is passing through a deep crisis mainly on account of mounting Non-Performing Assets, which were unfolded after the Assets Quality Inspection by the RBI at the instance of the then...
This year, the Inspection Panel, the accountability mechanism of the World Bank, is completing 25 years. The World Bank’s failure to comply with its operating policies was seen by the entire world in the...
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...
Crisis in Public Sector Banks and Importance of Bank Unions – Prof C.P Chandrashekar
A public statement, released jointly by Soumya Dutta of the All-India Bank Officers’ Confederation, Priya Dharshini of the Centre for Financial Accountability, Madhuresh Kumar of the National Alliance of People’ Movements, and Gautam Mody...
