Booklet: Reflections on the Union Budget 2018-19 from the Margins
Union Budget 2018-19: Issues of Marginalised Sections Ā
Banking on Accountability and Transparency
Burdened with the ever-increasing non-performing assets (NPAs) and saddled with its provisioning, it is common knowledge now that Public Sector Banks (PSBs) have suffered enormous losses and thus, are in a crisis. The current...
NPA is due to the corporate default: Prof. Prabhat Patnaik
For immediate release Dishonest to say that NPA crisis is due to the default in agricultural loans: Prof. Prabhat Patnaik New Delhi, January 13, 2018: āIt is incorrect to say that the rise in...
PSBs Must Stop Minimum Account Balance Requirement
Public Statement Penalizing for Poverty ā Public Sector Banks Should Stop Extorting Money Over Minimum Account Balance (MAB) Requirement It was highly shocking to learn that State Bank of India (SBI) had levied Rs...
Dr. Meera Nangia on Corporate Loans and Accountability of Banks in the context of FRDI Bill
Dr Meera NangiaĀ was speaking at theĀ public meeting titled Last battle to save PSBs on the 29th November 2017 at the Constitution Club of India, New Delhi. The meeting was jointly organised by All India...
Dr Usha Ramanathan on Digital Banking and Aadhaar: Need for Caution
DrĀ Usha Ramanathan was speaking at theĀ public meeting titled Last battle to save PSBs on November 29, 2017, at the Constitution Club of India, New Delhi. The meeting was jointly organised by All India Bank...
Gautam Mody on Privatising PSBs Only a Part of a Larger Loot of Public Assets
Gautam Mody was speaking at the public meeting titled Last battle to save PSBs on November 29, 2017, at the Constitution Club of India, New Delhi. The meeting was jointly organised by All India...
Thomas Franco on the Banking Sector at Crossroads: Way Ahead
Franco was speaking at theĀ public meeting titled Last battle to save PSBs on November 29, 2017, at the Constitution Club of India, New Delhi. The meeting was jointly organised by All India Bank Officerās...
Booklet: A Critique of FRDI Bill, 2017
Wrong Diagnosis, Harmful Prescription: A Critique of Financial Resolution and Deposit Insurance (FRDI) Bill, 2017 Read and download here: A Critique of FRDI Bill, 2017
FRDI will make the recovery of Indian economy impossible
The proposed FRDI Bill will make the recovery of Indian economy impossible āIf demonetisation imperilled Indian economy in the short term, GST did it for the medium to long term, but with the implementation...
Forget lessons from the past, Arun Jaitleyās bank recapitalisation even buried a July audit report
Hailed as a ābig-bang moveā by bankers, the governmentās plan to recapitalise public sector banks with Rs 2.1 lakh crores is deemed to hold magical powers that will help turn around their financial situations....
FRDI: Robbing Savings to Pay Corporate Debts
Financial Resolution and Deposit Insurance (FRDI) Bill, 2017 is supposedly the new weapon in the governmentās arsenal to āsolveā the bad loan crisis. This Billās stated objective is to form a Resolution Corporation that...
Why is the government in hurry to pass the FRDI Bill?
The Financial Resolution and Deposit Insurance Bill (FRDI) was introduced by the Union Minister of State for Finance Arjun Ram Meghwal in the Parliament (Lok Sabha) on August 10, 2017, on the penultimate day...
Monsoon session of the Parliament: An overview
Maju Varghese The Parliament met from July 17 to August 11, 2017. The election of the president and vice-president of India took place during this session. The new vice-president, M Venkaiah Naidu, presided over...
The corruption in the power sector is in the tune of over one lakh crore: Paranjoy Guha Thakurta
August 23, 2017, New Delhi: āThe corruption in the power sector is in the tune of over one lakh crore,ā said senior journalist and author Paranjoy Guha Thakurta. The former editor of EPW and...
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