The second half of the winter session of the parliament continued to witness the members asking government questions related to finance. Some of these questions were related to the NPAs in various sectors of...
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...
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...
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....
Public Statement | New Delhi, September 18, 2018 The Merger of Banks: Harmful, Ill-timed and Avoidable The decision of the government to merge Bank of Baroda, Dena Bank and Vijaya Bank yesterday (September 17, 2018) is...
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...
The Centre for Financial Accountability said coal received $9.4bn last year, compared to clean technologies receiving $3.5bn Indiaâs public-owned banks and finance groups lent more money to coal projects than renewables in 2017. Thatâs according...
This report identified and reviewed project finance lending to 72 energy projects, comprising coal-fired power stations and renewable energy generation facilities in India that reached financial close in 2017. These projects attracted total lending...
The war of words between the Finance Minister and RBI governor has steamed up with the Arvind Subramanian, Chief Economic Advisor, jumping in the fray attacking the Urjit Patel, RBI Governor, who commented, among...
In the aftermath of the Rs. 12,000 crore fraud perpetrated by Nirav Modi, the critics of the Indian Banking system has launched into a fresh debate on the ownership structure of Indiaâs Public Sector...
NDTV Indiaâs multi-part series explained the inside of Indiaâs banking system. This episode takes a hard look at the infrastructure, work pressure, cross-selling, and debate on the privatisation.
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...