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financial institutions

How the financial institutions are accomplices in Joshimath disaster | THE MONEY TRAIL

Warnings, protests, resignations and court cases have played out right before our eyes since the 1990s. But everybody acts surprised as the Joshimath town sinks.

Read more January 18, 2023 at 1:01 pm CFA

At India’s Climate, Finance and Policy Intersection, Big Infra Remains King

As of last year, financial institutions from India were the third-largest investors out of six countries financing 80% of the world’s coal investments. A 2021 report found that ICICI, the State Bank of India,...

Read more September 7, 2022 at 5:37 pm Amitanshu Verma

Banks must adopt ESS safeguards in lending

As we observed environment day during one of the hottest Indian summers, the near absence of climate change as a civic discourse is alarming. At a time when the world finds itself in the...

Read more June 7, 2022 at 5:22 pm Priya Dharshini

Global Climate Action: Where Do Indian Banks Stand?

Indian banks and financial institutions are lagging behind international financial institutions in helping control the climate crisis, research shows.

Read more October 11, 2021 at 6:59 pm CFA

Is the IFC’s Greening Equity Approach working in practice? A case study

IFC’s ‘Approach to Greening Equity in Financial Institutions’ (Green Equity Approach or GEA), which IFC piloted in 2019 and published in September 2020, commits the IFC to end equity investments in financial institutions that...

Read more October 7, 2021 at 3:41 pm Anuradha Munshi and Kate Geary

Insolvency & Bankruptcy Code- Claims and Reality

An interview with Dr. Sangeetha Ghosh, on five years IBC and the recent amendment of bringing MSME sector into the ambit of IBC.

Read more September 3, 2021 at 5:46 pm CFA

Beyond the Frenzy Sale of PSUs!

The government wants to sell the Life Insurance Corporation of India (LIC), which is worth about Rs 34 trillion (USD45 billion). The stage has been set with increasing foreign direct investment (FDI) in insurance...

Read more April 29, 2021 at 7:10 pm Edwin

India’s new farm laws mirror international financial institutions’ vision of agriculture

For more than 100 days, thousands of farmers in India have been in the streets protesting three new farm laws introduced in parliament. The new laws open the agriculture sector to reforms advocated by...

Read more March 19, 2021 at 1:36 pm Maju Varghese

Infographics: Indian EXIM Bank

These infographics done masterfully by Kokila Bhattacharya give a holistic picture of the Indian Exim bank - the institution and impacts of the investments. This series of infographics effectively depict the reach of Exim...

Read more February 12, 2021 at 3:25 pm CFA

Fiscal Deficit and Divestment Chorus

The growing fiscal deficit is yet another reason market pundits are pushing for government divestment from Public Sector Units (PSUs). That would be akin to the story of the goose and the golden egg....

Read more August 5, 2020 at 3:37 pm Joe Athialy

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    Centre for Financial Accountability (CFA) aims to bring in accountability in financial institutions who lend money to development projects, through research and campaigns.

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