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PSBs

RBI Bulletin- What did the media miss out?

It is surprising that none of these national newspapers noticed the footnote in the publication which said that this was not the opinion of the RBI.

Read more August 22, 2022 at 1:35 pm Thomas Franco

Is SBI getting Privatised?

Arvind Panagariya and Poonam Gupta have come up with a demand that all public sector banks except the State Bank of India should be privatised.

Read more July 25, 2022 at 12:58 pm Thomas Franco

Can an RBI Board of Director get away calling Public Sector Bank Executives Scums?

S. Gurumurthy, a government nominee on the Board of RBI, made this comment in a recent speech, “Efficient officials in Public Sector Banks are leaving because of low salary and lack of freedom, and...

Read more May 23, 2022 at 1:53 pm Thomas Franco

Amidst Authoritarian Regimes, Terrible Labour Conditions & Privatization, What’s the Future of our Youth?

Across the globe, we are seeing a rise in authoritarian regimes. Vladimir Putin in Russia, Jair Bolsonaro in Brazil, R.T. Erdoğan in Turkey, Xi Jinping in China and Narendra Modi in India are glaring...

Read more April 2, 2022 at 12:35 pm Thomas Franco

More Privatisation, less Accountability- How did the Indian Economy fare last month?

In pursuance of its policy of monetisation of national assets, the government earlier this month approved the setting up of the National Land Monetisation Corporation (NLMC). It would be a government-owned company with the...

Read more April 1, 2022 at 12:12 pm Anirban Bhattacharya

A Dint on the PSB’s NPA Management

The global economy is in a downward trend, fueled by the 3rd wave of the pandemic. In India, the role of Public Sector Banks (PSB) who constitutes more than 65% of the banking system,...

Read more January 17, 2022 at 1:49 pm Kannan Neelamegan

The Fate of Rural and Farm Credit with Privatisation of Banks

Rural and farm credit were totally neglected before the nationalisation of banks on 19th July 1969. The historic All India Rural Credit Survey carried out in 1954 showed that formal credit institutions provided less...

Read more December 24, 2021 at 4:53 pm Thomas Franco

The Arbitrary Bank Charges must be Removed

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...

Read more September 26, 2018 at 6:54 pm Ashish Kajla

Merger of Banks a Diversion from Core Issue of NPA: AIBOC

All India Bank Officers’ Confederation in a statement condemning the bank merger said, “the announced merger of three public sector banks is nothing but a diversion away from the core issue of NPA recovery....

Read more September 24, 2018 at 3:16 pm CFA

Bank Merger – Another Sham

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...

Read more September 24, 2018 at 2:27 pm CFA

Haircut for the Lenders Under Insolvency and Bankruptcy Code!

When the Bill for ‘Insolvency and Bankruptcy Code, 2016’ 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...

Read more September 1, 2018 at 1:14 pm Nishank

Campaign to Save Public Sector Banks Reaches Hyderabad

AIBOC, NAPM, NTUI have been holding meetings in various regions as a part of the campaign to save public sector banks and to repeal FRDI Bill. As a part of this campaign, a public...

Read more January 28, 2018 at 12:29 pm Priya Dharshini

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Centre for Financial Accountability

Address: Address - R–21, Basement, South Extension-2, Delhi – 110049

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E-mail: info@cenfa.org
Website: http://www.cenfa.org/

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    Centre for Financial Accountability (CFA) aims to bring in accountability in financial institutions who lend money to development projects, through research and campaigns.

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