The first ten days of the winter session of 2018, the parliament witnessed members asking wide-ranging questions related to the finance. These questions can broadly be divided into the following categories: Demonetisation Issues related...
The Reserve Bank of India, in 2015, issued a Master Circular on Wilful Defaulters, which starts with Introduction: âPursuant to the instructions of the Central Vigilance Commission for collection of information on wilful defaults...
For Immediate Release A Resolute NO to Merger! Unions and Opposition Unite to Fight Merger of Public Sector Banks! New Delhi, November 2, 2018:Â “Under the present government, the Lion in the Make in India...
The Banks have been levying bank charges for providing various services like ATM card, chequebook, annual statement, and transactions. These charges directly affect the poorest sections of society. In August 2018, the Union Minister of State...
What is the inside story of the bank frauds in India? An insight into the âTop 100â bank frauds by the Central Vigilance Commission On October 15, 2018, the Central Vigilance Commission (CVC) released...
Along with the unbridled sanctioning of the flow of foreign funds to the countryâs energy sector in the bid to be a major driving force in the global energy market (which falters often on...
The unprecedented crisis in the Indian banking sector, which has brought banksâ lending operations to a virtual standstill, means that they can do little to help the economy, which is buffeted on multiple fronts....
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 & current accounts) which banks use for...
Prof. C.P. Chandrashekhar looks into the assumptions behind the recent bank merger of Dena Bank, Vijaya Bank and Bank of Baroda, the long-term impact of it on public sector banks (PSBs), using merger as...
The 37th Report of the Parliamentary Standing Committee on Energy failed to fix accountability for the NPA crisis in the power sector, while absolving disastrous moves like delicensing. A new report by Delhi-based Centre for Financial...
In a critique of the March 2018 report of the Parliamentary standing committee on energy, CFA has stated that the recommendations suggested by the Committee to address the problem of stressed assets in power...
A new report has criticised the Parliamentary Standing Committee on Energy for failing to fix responsibility on who should have been held accountable for the current NPA crisis in the power sector. The report,...
September 6, 2018: A new report has criticised the Parliamentary Standing Committee on Energy for failing to fix responsibility on who should have been held accountable for the current NPA crisis in the power...
When the Bill for âInsolvency and Bankruptcy Code, 2016â was passed in parliament in May 2016, it was hailed as the biggest economic reform, only next to GST, by the current government. The Insolvency...
Presently the Indian Banking is passing through a deep crisis mainly on account of mounting Non-Performing Assets, which were unfolded after the Assets Quality Inspection by the RBI at the instance of the then...
