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...
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 privatisation of public sector banks has been an issue of debate for a long time. Economic experts are again talking about privatisation of public sector banks (PSBs) due to current non-performing assets (NPAs)...
‘God” is believed to have two strengths, viz., “he is omnipresent” and “he is the creator, reshaper and destroyer of everything around us”. “Finance Capital” is fast acquiring both these “strengths” Believers in “God”...
The Audit Advisory Board (AAB) has not been reconstituted under the chairmanship of newly appointed Comptroller and Auditor General (CAG) of India, Shri Rajiv Mehrishi, who took over the office on September 25th, 2017....
Last week, according to the media reports, the board of the Insurance Regulatory and Development Authority of India (IRDAI) approved public-owned Life Insurance Corporationâs (LIC) proposal to increase its stake in the troubled public...
AIIB Third Annual Governors Meeting Prioritises PPPs and Investments in Funds to Mobilize Private Capital for Infrastructure as the Way Forward The last week of June saw India host the third annual meeting of...
The information available in public domain is that JICA is financing the Mumbai-Ahmedabad Bullet Train Project by lending 88 thousand crore rupees at an interest rate of 0.1%. Payback period is 50 years with...
A new analysis of energy project lending in India shows that majority of government-owned banks and financial institutions continued to fund coal projects in 2017. The same analysis also reveals private financial companies are...
âAIIBâs proposed $ 200 million deal with Indiaâs $2.1 billion National Investment and Infrastructure Fund (NIIF) would threaten to revive a host of stalled projects in the country potentially including coal, power, petroleum, railways...
According to recent news published on the Business Standard, the leading banks of India are designing a scheme for bailing out stressed assets in the power sector, which, as per the latest report of Parliamentary Standing Committee on...
In a historic 7-1 decision, the U.S. Supreme Court decided today in Jam v. International Finance Corporation (IFC) that international organizations like the World Bank Group can be sued in U.S. courts. The Courtâs decision marks a defining...
At the Asia Infrastructure Investment Bankâs (AIIB) third AGM in India this June, the AIIB has an opportunity to lead the way in sending a strong signal to other investors that the era of...
Five years ago, on April 24, 2013, a tragedy in neighbouring Bangladesh shook up everyone. Rana Plaza, a five-storied commercial building, that housed several âsweatshopâ clothing factories, a bank and few shops, collapsed and...
There has been a worldwide growth in hydropower development, with 31.5 GW new capacity installed in 2016. This figure includes 6.4 GW of pumped storage â nearly double the previous year â while there...
There has been a worldwide growth in hydropower development, with 31.5 GW new capacity installed in 2016. This figure includes 6.4 GW of pumped storage â nearly double the previous year â while there...