SBI- A Guinea Pig for Neo-liberal Policies
The union government is bent upon privatising the Life Insurance Corporation of India. They stealthily announced an amendment to the LIC Act by making a statement in the Union Budget 2021 and made it...
DICGC- To Benefit Govt, Not Customers
The Deposit Insurance Act 1961 came into force from 1st January 1962. Though the name still continues to be ‘Deposit Insurance and Credit Guarantee Corporation,’ the Credit Guarantee scheme was discontinued in 2003. The Deposit...
Isn’t Selling PSEs, Banks, Insurance, and Assets not selling family silver?
The Finance Minister has stated that she is not selling family silver but strengthening it. Is it true? Department of Investment and Public Asset Management (DIPAM) states that four major areas of its work...
Sucheta Dalal on the Growing Crisis in the Indian Banking Sector
Financial analyst and journalist Sucheta Dalal said that the Indian banking system is at the verge of crisis, reeling under the mounting bad loans, caused by unfettered corporate loans. Referring to government’s announcement in...