Book: Rubbles of an Economic Earthquake
In the past four and a 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...
Impact of Global Crisis on the Indian Banking System
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....
Ten Years After: Financial Crisis and its Relentless Impact
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...
Mainstreaming India’s Poor in Banking
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
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...
Press Release: A Resolute NO to Merger! Unions and Opposition Unite to Fight Merger of Public Sector Banks!
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...
Should Senior Employees of the Public Sector Join Private Post-Retirement?
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...
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...
Bank Charges Needs to be Reviewed Immediately
The Banks have been levying bank charges for providing various services like ATM card, chequebook, annual statement, and transactions. These charges directly affect the poorest sections of society. In August 2018, the Union Minister of State...
An Insight into CVC’s Bank Frauds Analysis
What is the inside story of the bank frauds in India? An insight into the ‘Top 100’ bank frauds by the Central Vigilance Commission On October 15, 2018, the Central Vigilance Commission (CVC) released...
Banking in the Dilemma of Recovery
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...
Crisis in PSBs & Importance of Bank Unions
Crisis in Public Sector Banks and Importance of Bank Unions – Prof C.P Chandrashekar
“Dangers” of Privatising Public Sector Banks Loom Large
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...
Growing Financial Crisis in the Power Sector
In the past few years, a major shift has taken place in the power sector on several fronts including environment clearance, national forest policy, coal mining regulation, power purchase agreement (PPA), fuel supply agreement...
Statement on the Withdrawal of FRDI Bill
Public Statement | August 16, 2018 A Battle Won, The War Looms at Large: Statement on the Withdrawal of Financial Resolution and Deposit Insurance Bill A Joint Statement On 7th August 2018, a year...
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