Centre for Financial Accountability

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bank merger

The Invisible hand of International Financial Institutions (IFIs)

(How Public Banks are going to be privatised and land, labor reforms are being gradually pushed in the country) In a capitalist system, it is said that the market correct itself through the invisible...

Read more January 13, 2020 at 6:39 pm Maju Varghese

Snippets from the World of National Financial Institutions – September, 2019

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...

Read more September 18, 2019 at 5:00 pm Ashish Kajla

Bank Mergers Why For?

Nirmala Sitaraman, Minister of Finance, in her latest press conference, announced the merger of 10 Public Sector Banks (PSBs) to carve out four big banks. In the process six, PSBs are being closed. Presently...

Read more August 31, 2019 at 11:14 am Devidas Tuljapurakar

Bank Merger: Debunking the Myth of “Too Big to Fail”

New Delhi, November 3, 2018: “The Union government is pushing through the merger of Public Sector Banks (PSBs) with a misplaced notion that fewer stronger banks will be “too big to fail”. It’s ironical...

Read more November 3, 2018 at 7:46 am Ankit Agrawal

Merger of Banks: Harmful, Ill-timed and Avoidable

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...

Read more September 18, 2018 at 4:26 pm CFA

Bank mergers in the time of NPAs

Non-Performing Assets (NPAs), a euphemism for toxic or bad loans, has been looming over Public Sector Banks (PSBs) for over a year. C. P. Krishnan, the General Secretary of Bank Employees Federation of India...

Read more July 6, 2017 at 5:37 pm Priya Dharshini

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Centre for Financial Accountability

Address: Address - R–21, Basement, South Extension-2, Delhi – 110049

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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