Ankit Agrawal, Author at Centre for Financial Accountability

Ten Years After: Financial Crisis and its Relentless Impact

India’s vulnerability stems from two sources: rapid debt expansion that has increased the volume of doubtful debt and en...

Blog Indian Economy

Article

Pradhan Mantri Fasal Bima Yojana is a Big Scam: P Sainath

The NDA government’s Pradhan Mantri Fasal Bima Yojana (The Prime Minister’s Crop Insurance Scheme) is a bigger sca...

Blog

Article

Bank Merger: Debunking the Myth of “Too Big to Fail”

New Delhi, November 3, 2018: “The Union government is pushing through the merger of Public Sector Banks (PSBs) wi...

Blog Indian Economy

Article

People’s Movements Challenge World Bank Immunity in US Supreme Court

October 31, 2018, New Delhi.: The Supreme Court of the United States of America heard the oral arguments in the historic...

Blog

Article

CSOs Applaud IFC for Excluding Coal in FI Lending

IFC will now ensure that the financing process only supports targeted areas — such as projects promoting energy ef...

Blog Energy

Article

CSOs Approach World Bank to Strengthen the Inspection Panel

October 5, 2018, New Delhi: Medha Patkar, Bharat Patel, Nityanand Jayaraman and other members of the CSOs across India, ...

Blog

Article

Bank Frauds and Risk Management in India

After the spate of bank frauds came into the light, the parliamentarians raised this issue in the ongoing session of the...

Blog National Financial Institutions

Article

LIC Rakes in Money Because of over 25 Crore Policyholders

Last week, according to the media reports, the board of the Insurance Regulatory and Development Authority of India (IRD...

Blog National Financial Institutions NFIs NPAs

Article

53 development experts call bluff on IMF’s social protection

Over fifty renowned economists, academics and development experts from across the world recently wrote to the Executive ...

Blog International Finance

Article

IMF Violates International Human Rights Laws: UN Human Rights Experts

Several UN human rights experts last month wrote an open letter to the Executive Board of the International Monetary Fun...

Blog International Finance

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February 7, 2020

Ankit Agrawal

Ten Years After: Financial Crisis and its Relentless Impact

India’s vulnerability stems from two sources: rapid debt expansion that has increased the volume of doubtful debt and encouraged excess debt exposure in a set of corporates. And increased exposure to dollar debt, partly because of investment by foreign portfolio investors in debt markets and due to ...

Blog Indian Economy

Article

December 1, 2018

Ankit Agrawal

Pradhan Mantri Fasal Bima Yojana is a Big Scam: P Sainath

The NDA government’s Pradhan Mantri Fasal Bima Yojana (The Prime Minister’s Crop Insurance Scheme) is a bigger scam than even the Rafale scam, claimed renowned journalist and farmers issue activist P. Sainath earlier this month. The veteran journalist, who has been covering rural distress over...

Blog

Article

February 7, 2020

Ankit Agrawal

Bank Merger: Debunking the Myth of “Too Big to Fail”

New Delhi, November 3, 2018: “The Union government is pushing through the merger of Public Sector Banks (PSBs) with a misplaced notion that fewer stronger banks will be “too big to fail”. It’s ironical that the news or bank merger was announced on the 10th anniversary of the fall of Lehman Br...

Blog Indian Economy

Article

November 6, 2018

Ankit Agrawal

People’s Movements Challenge World Bank Immunity in US Supreme Court

October 31, 2018, New Delhi.: The Supreme Court of the United States of America heard the oral arguments in the historic case filed by the villagers from Mundra, Gujarat against the absolute immunity granted to the International Organisations like World Bank, International Finance Corporation etc. W...

Blog

Article

April 25, 2019

Ankit Agrawal

CSOs Applaud IFC for Excluding Coal in FI Lending

IFC will now ensure that the financing process only supports targeted areas — such as projects promoting energy efficiency, renewables, women business-owners, or small and medium-sized enterprises New Delhi: Civil society groups from across the world have welcomed the news that the Internation...

Blog Energy

Article

June 20, 2019

Ankit Agrawal

CSOs Approach World Bank to Strengthen the Inspection Panel

October 5, 2018, New Delhi: Medha Patkar, Bharat Patel, Nityanand Jayaraman and other members of the CSOs across India, have criticised the Working Group of the World Bank Board’s Committee on Development Effectiveness (CODE), the group entrusted by the Bank to “review of the Inspection Panel’...

Blog

Article

August 13, 2018

Ankit Agrawal

Bank Frauds and Risk Management in India

After the spate of bank frauds came into the light, the parliamentarians raised this issue in the ongoing session of the parliament. Answering the question in the Lok Sabha, on July 20, 2018, on the bank frauds committed in the last five years in India, Shiv Pratap Shukla, Minister of State (Finance...

Blog National Financial Institutions

Article

July 16, 2018

Ankit Agrawal

LIC Rakes in Money Because of over 25 Crore Policyholders

Last week, according to the media reports, the board of the Insurance Regulatory and Development Authority of India (IRDAI) approved public-owned Life Insurance Corporation’s (LIC) proposal to increase its stake in the troubled public sector bank Industrial Development Bank of India (IDBI) by invest...

Blog National Financial Institutions NFIs NPAs

Article

January 19, 2018

Ankit Agrawal

53 development experts call bluff on IMF’s social protection

Over fifty renowned economists, academics and development experts from across the world recently wrote to the Executive Board of the International Monetary Fund to express concern over the IMF “independent” evaluation of The IMF and social protection, and its recommendations approved by IMF Board in...

Blog International Finance

Article

January 19, 2018

Ankit Agrawal

IMF Violates International Human Rights Laws: UN Human Rights Experts

Several UN human rights experts last month wrote an open letter to the Executive Board of the International Monetary Fund to express their dismay about the general approach of the IMF to social security reforms that has sometimes put fiscal objectives above the objective of ensuring respect for the ...

Blog International Finance

Article

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