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...
According to recent news published on the Business Standard, the leading banks of India are designing a scheme for bailing out stressed assets in the power sector, which, as per the latest report of Parliamentary Standing Committee on...
The report “Citizens’ Report on the “Four Years of the NDA Government, 2014-18: Promises & Reality” – a civil society initiative’ is a collective work by experts, development networks and civil society organisations working...
The sudden ATM cash crunch in several States points to the government’s ham-handed approach to currency management and evokes suspicions of plans to weaken public sector banks. By PURNIMA S. TRIPATHI THE ghost of...
Public Statement | April 27, 2018 After Demonetisation, now the Cash Crunch in ATMs: Modi Government Wrecking Public Sector Banks and the Indian Economy A Joint Statement In the past few weeks, ATMs across...
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...
“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...
New Delhi: “Corruption today is not moral degeneration but is a systemic loot. It results in huge accumulation and inequity,” said Nilotpal Basu, CPI(M) leader, at a public meeting organized at the Press Club...
नई दिल्ली : पंजाब नेशनल बैंक के घोटाले ने सबको झकझोर दिया है। बैकिंग सेक्टर पर छाए इस संकट को लेकर ऑल इंडिया बैंक ऑफिसर्स कॉन्फ़ेडरेशन (एआईबीओसी) भी चिंतित हो गया है। इस संगठन...
By Our Representative A joint meeting of civil society and trade union organizations has accused the Government of India of making frenzied attempts of pushing nationalized banks through Reserve Bank of India to take...
Much is talked and written about scams in the Banking sector after the Nirav Modi Scam in PNB. Why RBI, Finance Ministry, CVC and others wake up only when a major scam surfaces? Why...
Press Release | February 23, 2018 Wilfully Letting go Wilful Defaulters of Bank Scams New Delhi: A public meeting held here today has accused the Modi government of wilfully letting go wilful defaulters of...
Communist Party of India (Marxist) leader Nilotpal Basu on Friday said the present crisis in the banking sector is part of a larger crisis the country is facing on multiple fronts. “Corruption today is...
New Delhi (23 Feb 2018): A public meeting held here today has accused the Modi government of wilfully letting go wilful defaulters of banks scams. The public meeting, ‘Crisis in the Banking Sector: Who...