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...
A False Debate on the Frauds and Regulations in Public Sector Banks
The war of words between the Finance Minister and RBI governor has steamed up with the Arvind Subramanian, Chief Economic Advisor, jumping in the fray attacking the Urjit Patel, RBI Governor, who commented, among...
The Privatisation of Public Sector Banks is not a Panacea
In the aftermath of the Rs. 12,000 crore fraud perpetrated by Nirav Modi, the critics of the Indian Banking system has launched into a fresh debate on the ownership structure of India’s Public Sector...
We need to Talk about Corporate Accountability
Criticizing the people advocating privatization of the Public Sector Banks, Meera Nangia, Prof of Commerce, Delhi University, remarked, “We need to talk about Corporate Accountability and not just the accountability of Public Sector Banks.”...
RBI is also Responsible for the Nirav Modi Scam: Moumita Dutta, AIBOC
Moumita Dutta, Joint Secretary, AIBOC, highlighted that RBI was also responsible for the scam. She asked, “What is the need of LoUs by RBI when the Buyer Credit already exists?” Emphasising that the Banks...
Banking Sector Crisis is a Part of Larger Mess: Nilotpal Basu
Nilotpal Basu of the Communist Party of India Marxist CPI(M) said that the crisis one is witnessing in the banking sector is a part of the larger crisis the country is facing on multiple...
India is Becoming a Nation of Defaulters: Mohan Guruswamy
“India is becoming a nation of defaulters! Why do defaulters get to buy new companies and new deals?” policy analyst Mohan Guruswamy asked at the public meeting titled ‘Crisis in the Banking Sector: Who...
Ravish Kumar Explains How The Banking System Functions
NDTV India’s multi-part series explained the inside of India’s banking system. This episode takes a hard look at the infrastructure, work pressure, cross-selling, and debate on the privatisation.
Citizens Demanding their MPs to Repeal FRDI
Concerned citizens are drawing the attention of the members of the Parliament towards serious implications of the Financial Resolution and Deposit Insurance (FRDI) Bill 2017 on the individual depositors and the banking sector at...
Dr. Meera Nangia on Corporate Loans and Accountability of Banks in the context of FRDI Bill
Dr Meera Nangia was speaking at the 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
Dr Usha Ramanathan 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 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 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 Bank Officer’s...
Ultimate Aim of the FRDI Bill is Backdoor Privatisation
Thomas Franco, General Secretary of the All India Bank Officers Confederation talked to Newsclick about the Financial Resolution and Deposit Insurance Bill. There has been no discussion or debate of any kind with either...
FRDI will make the recovery of Indian economy impossible
The proposed FRDI Bill will make the recovery of Indian economy impossible “If demonetisation imperilled Indian economy in the short term, GST did it for the medium to long term, but with the implementation...