February 2, 2018, Amsterdam, and New Delhi: The Asian Infrastructure Investment Bank (AIIB) must “tread very carefully” before approving a new USD 200 million deal with India in April 2018, for fear of turning the key on some highly controversial...
“Why do the big corporations who owe 80% of NPAs go scot-free?,” M.K. Venu of the Wire asked at the public meeting titled ‘Crisis in the Banking Sector: Who Stole? Who Pays?’ Crisis in...
An intervention of Anupam, Swaraj India, at the public meeting titled ‘Crisis in the Banking Sector: Who Stole? Who Pays? “Crisis in the Banking Sector: Who Stole? Who Pays?” Crisis in the Banking Sector: Who...
Recapitalization or capital infusion of Public Sector Banks from budgetary allocations has been making news for the past few years on a regular basis. In August 2015, the government under its Indradhanush framework announced...
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...
Public Statement Penalizing for Poverty – 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 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...
Five years ago, the All India Bank Officers’ Association, presented a presentation to our Bank Management titled NPA-Never Permit an Avalanche. This helped a lot to reduce NPAs of smaller amount but the large...
Hailed as a “big-bang move” by bankers, the government’s 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....
Financial Analysis of the Blue Economy: Sagarmala’s Case in Point by Dr Himanshu Damle of Public Finance Public Accountability Collective, New Delhi and could be reached at himanshudamle@pfpac.net The article was originally published here in...
October 14, 2017, New Delhi: Some of the biggest players in global finance are quietly backing the world’s most dangerous coal plant, according to an international investigative report released earlier this week. The report titled Time...