Priya Dharshini, Author at Centre for Financial Accountability

FRDI Bill Withdrawn: A Victory to the People

On August 7 2018, the government officially withdrew its proposed Financial Resolution and Deposit insurance Bill (2017)...

Blog

Article

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 Economi...

Article

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 a...

Blog FRDI

Article

FRDI: Robbing Savings to Pay Corporate Debts

Financial Resolution and Deposit Insurance (FRDI) Bill, 2017 is supposedly the new weapon in the government’s arsenal to...

Blog FRDI NPAs

Article

Why is the government in hurry to pass the FRDI Bill?

The Financial Resolution and Deposit Insurance Bill (FRDI) was introduced by the Union Minister of State for Finance Arj...

Blog FRDI Indian Economy National Financial Institutions NPAs

Article

India Needs Good Banks And Not Big Banks

More than 10,000 bank employees and officers from across the country marched from Ramlila Grounds to Parliament on Septe...

Blog FRDI Indian Economy National Financial Institutions

Article

What is Threatening Public Sector Banks in India?

It is an acknowledged fact that the Indian banking system is facing an unprecedented crisis. The problem of bad loans an...

Blog Finance FRDI Indian Economy National Financial Institutions NPAs

Article

Bank mergers in the time of NPAs

Non-Performing Assets (NPAs), a euphemism for toxic or bad loans, has been looming over Public Sector Banks (PSBs) for o...

Blog Finance FRDI Indian Economy National Financial Institutions

Article

Are We Funding Cluster Bombs?

Priya Dharshini State Bank of India, the largest state owned bank in the country received a special honour of being the ...

Blog Finance Indian Economy National Financial Institutions

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August 13, 2018

Priya Dharshini

FRDI Bill Withdrawn: A Victory to the People

On August 7 2018, the government officially withdrew its proposed Financial Resolution and Deposit insurance Bill (2017). This Bill aimed to redefine the regulatory framework by introducing a Resolution Corporation (RC) that would have powers to merge, sell, liquidate any financial institution based...

Blog

Article

March 30, 2018

Priya Dharshini

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 other things on the system of dual regulation by the finance ministry and RBI of the pu...

Blog FRDI National Financial Institutions NFIs NPAs

Article

January 28, 2018

Priya Dharshini

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 meeting was organised in Hyderabad by AIBOC and NAPM on the 25th of January 2018. The meeting was attended by bankers a...

Blog FRDI

Article

January 23, 2018

Priya Dharshini

FRDI: Robbing Savings to Pay Corporate Debts

Financial Resolution and Deposit Insurance (FRDI) Bill, 2017 is supposedly the new weapon in the government’s arsenal to ‘solve’ the bad loan crisis. This Bill’s stated objective is to form a Resolution Corporation that would ‘resolve’ a financial institution through means of a merger, amalgamation,...

Blog FRDI NPAs

Article

February 7, 2020

Priya Dharshini

Why is the government in hurry to pass the FRDI Bill?

The Financial Resolution and Deposit Insurance Bill (FRDI) was introduced by the Union Minister of State for Finance Arjun Ram Meghwal in the Parliament (Lok Sabha) on August 10, 2017, on the penultimate day of the Monsoon Session of the Parliament. Besides the content of the Bill, there were disrup...

Blog FRDI Indian Economy National Financial Institutions NPAs

Article

February 7, 2020

Priya Dharshini

India Needs Good Banks And Not Big Banks

More than 10,000 bank employees and officers from across the country marched from Ramlila Grounds to Parliament on September 15, 2017. They were marching to protest the anti-people banking reforms being implemented by successive governments post-liberalisation and not taking corrective measures to g...

Blog FRDI Indian Economy National Financial Institutions

Article

February 7, 2020

Priya Dharshini

What is Threatening Public Sector Banks in India?

It is an acknowledged fact that the Indian banking system is facing an unprecedented crisis. The problem of bad loans and the need for a capital infusion, drastic changes in financial policies, new legislation introduced in the name of saving the banking system, the slowdown in the economy, proposal...

Blog Finance FRDI Indian Economy National Financial Institutions NPAs

Article

February 7, 2020

Priya Dharshini

Bank mergers in the time of NPAs

Non-Performing Assets (NPAs), a euphemism for toxic or bad loans, has been looming over Public Sector Banks (PSBs) for over a year. C. P. Krishnan, the General Secretary of Bank Employees Federation of India (BEFI), says “the total NPA of the PSBs is around 6 lakh crores, on the top of it, the inter...

Blog Finance FRDI Indian Economy National Financial Institutions

Article

February 7, 2020

Priya Dharshini

Are We Funding Cluster Bombs?

Priya Dharshini State Bank of India, the largest state owned bank in the country received a special honour of being the only Indian financial institution to sponsor cluster munitions. In June 2016, PAX a Netherland based campaign organisation in its report listed 158 financial institutions in its ‘H...

Blog Finance Indian Economy National Financial Institutions

Article

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