For Immediate Release Conference Dwells into investments in Energy Sector Chennai August 17, 2019: Underling the importance of a closed monitoring of investments in the energy sector, raising concerns about the growing non-performing assets in...
For Immediate Release Massive Decline in Lending to Coal Power Projects in 2018: Report CHENNAI, 16 August 2019: The Coal vs Renewables 2018 – an annual energy investment trend report – reveals a significant drop in...
The report by the Delhi based financial institute Centre for Financial Accountability analysed project finance lending to 54 energy projects that reached financial close in 2018. By IANS NEW DELHI: A financial assessment on Friday...
India Inc. is now officially facing an economic slowdown. But economic slowdowns aren’t made overnight. This has been in the offing for almost a year now. On 23 June 2019, the Reserve Bank of...
Insolvency and Bankruptcy Code (IBC), once hailed as the panacea of all ills plaguing bad debt of corporations and for quick recovery of outstanding loans from them, has been in operations for a while...
The first budget of the newly re-elected government was placed on July 5, 2019, by the Finance Minister Nirmala Sitharaman. The budget failed to address the real problems of the economy like unemployment, agrarian...
NAGPUR: Though not as green as the BJP’s pre-election manifesto, the Union budget presented on Friday promised ‘Green Mother Earth and blue skies’. The high point was the boost given to electric vehicles for...
Centre for Financial Accountability raised concerns over the future risk for government exchequer by pointing out the nexus of Asian Infrastructure Investment Bank (AIIB), National Infrastructure Investment Fund (NIIF), Abu Dhabi Investment Authority and...
The AIIB has developed into a major player in the global financial architecture in record time: It first became operational in January 2016, and as it completes its third anniversary in 2019, the Beijing-based...
More NPAs to haunt banks with IL&FS Exposures: The NCLT has asked the banks to consider their exposure to ILFS as NPAs. Earlier NCLT has restricted banks from declaring their exposure to IL&FS prompting...
Criticising the latest Reserve Bank of India’s (RBI) annual Banking Ombudsman Report, which revealed dissatisfaction among 25 per cent customers, Financial Accountability Network (FAN India), has issued a public statement chiding RBI for being...
Banks act as financial intermediaries between depositors and borrowers. It is the public money, deposited in the form of term deposit (fixed deposits) and time deposit (saving and current accounts) which banks use for...
“Modi government has granted licenses to 20 small finance banks. The successive central governments have undermined the significance of the public sector banks. Granting license to small finance banks is to...
The crisis in the banking sector is a created one, where the commercial banks have been forced to lend on a large scale to the development projects and to the corporates and which has...
पिछले साढ़े चार वर्षों में, देश एक बड़ी सामाजिक-राजनीतिक और आर्थिक उथल-पुथल से गुजरा है जैसा पहले कभी नहीं था। हाल के इतिहास में कभी भी एक साथ देश के इतने बड़े समूह को...
