The Reserve Bank of India released a new draft of the project finance framework in May. To address risks and impacts, it must integrate social and environmental considerations, writes the author of this commentary.
The nationalisation of 14 banks on 19th July 1969 was the most desirable and important economic cum social reform in independent India. After 2 days of Nationalisation, Mrs. Indira Gandhi explained to the Parliament...
The plain truth is- ‘without depositor's funds, banks will cease to exist.’ Hence, the banks have a primary responsibility towards the depositors. They should not only keep the deposit safe but also provide a...
डेढ़ दशक पहले अमरीका के साथ होने वाले जिस परमाणु समझौते को लेकर तब की मनमोहन सिंह सरकर गिरने-गिरने को हो गई थी, आज वही परमाणु ऊर्जा खुल्लम-खुल्ला धंधे में उतर आई हैं। दुनियाभर...
The CFA emphasised the critical need to empower shareholders, customers, and the general public with comprehensive information on the climate crisis's impact on FI investments.
Says clarity and specificity are needed to ensure effective implementation and compliance with disclosure requirements.
Can you see that the entire country is run by three business magnets? There are a few more. As told by the former Chief Executive of Niti Ayog, Amitabh Kant, they are creating 5...
The gap between the IBC's intended purpose and its real-world uses raises worries about the overall economic impact.
I am not a big fan of international Rating Agencies, but the recent report of Goldman Sachs analysts shows that they too agree with our concerns on Indian Economy.
A new report shows that nine major Asian banks, including three of India, are open to doing business in coal – the dirtiest of all fossil fuels. These three banks are State Bank of...
Driven by illegal incentives, bank executives compel their staff to sell insurance anyhow, with customers paying the price in the form of unwanted policies.
Trends show the drift towards renewables has found new acceleration. India is at a crucial juncture on the climate change pathway when it has to step up its renewable energy capacity while gradually weaning...
Report of the webinar co-organized by All India Bank Officers Confederation and Centre for Financial Accountability on 26th December 2023.
Banks need to fully assess the risks and engage with the local communities and seek free, prior and informed consent before investing in projects.
Our country has a debt of $21.23 trillion (Rs.155.77 lakh crore in March 2023) estimated to increase to Rs.172.50 lakh crore by March 2024. IMF has projected it to reach 100% of GDP by...
