व्यवस्था की विफलता से होते हैं वित्तीय घोटाले – एआईबीओसी
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...
Govt Using Adjudication Bodies to “Help Out” Corporate Defaulters
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...
RBI and Finance Ministry Must Own Responsibility
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: Wilfully Letting go Wilful Defaulters of Bank Scams
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...
Banking sector crisis part of larger mess: CPI-M leader
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...
Wilfully Letting go Wilful Defaulters of Bank Scams
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...
Banking sector crisis part of larger mess: CPI-M leader
New Delhi, Feb 23 (IANS) 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...
Budgeting for Losses – NPAs, Recapitalisation and Budgetary Allocations
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...
Booklet: Reflections on the Union Budget 2018-19 from the Margins
Union Budget 2018-19: Issues of Marginalised Sections
FRDI Bill is a problem, not a solution
The proposed FRDI Bill in its current form could impact banks in a detrimental way. The Modi-led NDA government did not have to be in the defensive many a time, in its nearly four-year...
Banking on Accountability and Transparency
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...
PSBs Must Stop Minimum Account Balance Requirement
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...
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...
Booklet: A Critique of FRDI Bill, 2017
Wrong Diagnosis, Harmful Prescription: A Critique of Financial Resolution and Deposit Insurance (FRDI) Bill, 2017 Read and download here: A Critique of FRDI Bill, 2017
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...
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