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Repeal FRDI

Road Paved for FRDI 2.0

The announcement by Finance Minister Nirmala Sitharaman yesterday (Nov 15) that the government is planning to increase the deposit guarantee limit from the existing Rs 1 lakh is a confirmation of the rumours/reports going around for some...

Read more November 17, 2019 at 4:10 pm Joe Athialy

Statement on the Withdrawal of FRDI Bill

Public Statement  | August 16, 2018 A Battle Won, The War Looms at Large: Statement on the Withdrawal of Financial Resolution and Deposit Insurance Bill A Joint Statement On 7th August 2018, a year...

Read more August 16, 2018 at 3:54 pm CFA

Modi Government Wrecking Public Sector Banks and the Indian Economy

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...

Read more April 27, 2018 at 8:38 pm CFA

A False Debate on the Frauds and Regulations in Public Sector Banks

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...

Read more March 30, 2018 at 1:10 pm Priya Dharshini

The Privatisation of Public Sector Banks is not a Panacea

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 India’s Public Sector...

Read more March 30, 2018 at 12:59 pm Moumita Dutta

We need to Talk about Corporate Accountability

Criticizing the people advocating privatization of the Public Sector Banks, Meera Nangia, Prof of Commerce, Delhi University, remarked, “We need to talk about Corporate Accountability and not just the accountability of Public Sector Banks.”...

Read more March 14, 2018 at 8:21 pm CFA

RBI is also Responsible for the Nirav Modi Scam: Moumita Dutta, AIBOC

Moumita Dutta, Joint Secretary, AIBOC, highlighted that RBI was also responsible for the scam. She asked, “What is the need of LoUs by RBI when the Buyer Credit already exists?” Emphasising that the Banks...

Read more March 14, 2018 at 8:11 pm CFA

Banking Sector Crisis is a Part of Larger Mess: Nilotpal Basu

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...

Read more March 9, 2018 at 4:47 pm CFA

India is Becoming a Nation of Defaulters: Mohan Guruswamy

“India is becoming a nation of defaulters! Why do defaulters get to buy new companies and new deals?” policy analyst Mohan Guruswamy asked at the public meeting titled ‘Crisis in the Banking Sector: Who...

Read more March 6, 2018 at 1:19 pm CFA

Ravish Kumar Explains How The Banking System Functions

NDTV India’s multi-part series explained the inside of India’s banking system. This episode takes a hard look at the infrastructure, work pressure, cross-selling, and debate on the privatisation.

Read more February 21, 2018 at 10:25 am CFA

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

Citizens Demanding their MPs to Repeal FRDI

Concerned citizens are drawing the attention of the members of the Parliament towards serious implications of the Financial Resolution and Deposit Insurance (FRDI) Bill 2017 on the individual depositors and the banking sector at...

Read more January 4, 2018 at 4:51 pm CFA

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Centre for Financial Accountability

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

Phone: +91-11-49123696
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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