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November 20, 2018
Frontline
Banks on the Brink
The unprecedented crisis in the Indian banking sector, which has brought banks’ lending operations to a virtual standstill, means that they can do little to help the economy, which is buffeted on multiple fronts. The filing for bankruptcy by Lehman Brothers on September 15, 2008, resulted in a st...
Article
October 5, 2018
CFA Admin
CSOs Ask World Bank to Strengthen the Inspection Panel
Submission to the Inspection Panel Working Group We are happy to note the Working Group of the World Bank Board’s Committee on Development Effectiveness is reviewing the Inspection Panel’s toolkit to determine whether it should be revised to enhance the Panel’s effectiveness. We take it as a positiv...
Article
November 20, 2018
The Nation
Is the World Bank Group Above the Law?
A fishing community in India challenges the bank’s private-lending arm in the US Supreme Court. The US Supreme Court sits more than 12,000 miles from Tragadi Bandar, the patch of India’s west coast where Budha Ismail Jam has spent most of the past two decades fishing for a living. Jam’s seasonal hom...
Article
May 1, 2019
Ashish Kajla
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 lending to borrowers. Since public money is important for the banking sector as ...
Article
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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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