The last five years have been a watershed moment in Indian politics and economy. The NDA alliance’s grand victory on the agenda of development and good days to come (achhe din) stated off on...
The Financial Year 2018-19, which recently ended, proved to be the most challenging year for the financial world. The first and foremost challenge was the introduction of the Financial Regulatory and Deposit Insurance Bill...
Bad loans have worsened the banks’ balance sheet. Because of this, the money which banks need to put aside (called provisions) for bad loans has increased manifold, resulting in a decrease of money available...
On December 25, 2108, Minister of State for finance informed the Lok Sabha that out of total 1.31 lakh loan applications received on the newly launched 59 minutes loan, 1.12 lakh applicants received the...
हमारा पैसा, हमारा अधिकार: एक पारदर्शी और जवाबदेह वित्तीय एवं बैंकिंग व्यवस्था की ओर वित्तीय और बैंकिंग मुद्दों को 2019 के चुनावी अभियान के साथ चुनावी घोषणापत्र में इनको शामिल करने का आग्रह करते हुए...
Our Money, Our Right Towards a Transparent and Accountable Financial and Banking System Appeal to political parties by people’s movements, civil society organisations, trade unions and concerned citizens on finance and banking, with a...
In the past four and half years, the country has gone through a major socio-political and economic upheaval as never before. At no point in the recent history has the country as a whole,...
This impact is not only circumscribed to NPA. Overall, Indian banking is passing through one of the worst crisis in history. Since the last three years, banking in the public sector is almost stagnant....
India’s vulnerability stems from two sources: rapid debt expansion that has increased the volume of doubtful debt and encouraged excess debt exposure in a set of corporates. And increased exposure to dollar debt, partly...
My intent in this article is to flag off a set of relevant issues one will have to deal with while mainstreaming India’s poor in Banking. The article has five sections: (a) Providing a...
Conference on Global Financial Crisis: A Decade after Lehman December 3-4, 2018 Ambedkar International Centre, New Delhi This September marked the 10th year of the global financial crisis. A decade later, the world economy still...
For Immediate Release A Resolute NO to Merger! Unions and Opposition Unite to Fight Merger of Public Sector Banks! New Delhi, November 2, 2018: “Under the present government, the Lion in the Make in India...
The recent appointment of SBI’s Former Chairperson Arundhati Bhattacharya’s as an Independent Additional Director at the board of Reliance Industries Limited has sparked public debate on the post-retirement career of senior employees of the...
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...