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Supreme Court

Home > Posts tagged Supreme Court

A Case which made World Bank Legally Accountable

On February 27, a year has passed since the Supreme Court of the United States ruled in a 7-1 judgment that World Bank does not enjoy absolute immunity. The judgment shook the foundations of...

Read more March 5, 2020 at 12:50 pm Joe Athialy

Random Reflections: Are Banks Becoming Arms of the Ruling Party?

The Reserve Bank of India introduced “Know Your Customer” norms under the provisions of “Prevention of Money Laundering Act 2002 and Prevention of Money Laundering (Maintenance of Records) Rules 2005. As per these...

Read more January 16, 2020 at 2:26 pm Thomas Franco

Suing the World Bank Group to save its mission

In 2015, farmers and fishworkers from rural India sued the World Bank Group in Washington, D.C., over impacts from a disastrous coal-fired power plant project that they said destroyed their livelihoods and damaged their...

Read more November 6, 2018 at 3:47 pm Thomson Reuters Foundation

The IFC has not always practised what it preaches

In the run-up to this week’s Supreme Court hearing, the IFC has announced a series of new policy reforms that strengthen its social and environmental commitments, an effort that is undoubtedly motivated in part...

Read more October 29, 2018 at 11:43 am Kirk Herbertson

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April 13, 2021 0

Challenges before the Banking Sector today

The Public Sector Banks have been facing challenges since 1991. What was the background for nationalisation of 14 banks...

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April 13, 2021 0

New DFI for Infrastructure Projects in India

Last month the government introduced the Development Financial Institution (DFI) Bill in Lok Sabha to boost funding for infrastructure...

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