Blog Archives - Page 24 of 35 - Centre for Financial Accountability

The first ten days of the winter session of 2018, the parliament witnessed members asking wide-ranging questions related to the finance. These questions can broadly be divided into the following categories: Demonetisation Issues related to the health of the Public Sector Banks, which could, in turn...

Blog Indian Economy

Article

December 24, 2018

Joe Athialy

The Davids and the World Bank!

“There was no example to follow on September 22, 1993, when the Bank’s Board of Executive Directors approved a resolution establishing the Inspection Panel. Over the next 25 years, the Panel forged a legacy as the prototype for international financial organizations to hold themselves accountable. To...

Blog

Article

December 17, 2018

Randhir Singh

The Gospel on Wilful Defaulters, According to RBI

The Reserve Bank of India, in 2015, issued a Master Circular on Wilful Defaulters, which starts with Introduction: “Pursuant to the instructions of the Central Vigilance Commission for collection of information on wilful defaults of Rs. 25 lakhs and above by RBI and dissemination to the reporting ba...

Blog

Article

February 7, 2020

Devidas Tuljapurakar

Impact of Global Crisis on the Indian Banking System

This impact is not only circumscribed to NPA. Overall, Indian banking is passing through one of the worst crisis in history. Since the last three years, banking in the public sector is almost stagnant. Of the 21 public sector banks, only two are showing profits In an increasingly interdependent fina...

Blog Indian Economy

Article

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 2, 2018

Sanjeev Chandorkar

Mainstreaming India’s Poor in Banking

My intent in this article is to flag off a set of relevant issues one will have to deal with while mainstreaming India’s poor in Banking. The article has five sections: (a) Providing a backdrop, (b) Arguing that mainstreaming poor is also in the interest of “mainstream” banking, (c...

Blog National Financial Institutions

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...

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Article

November 9, 2018

CFA Admin

Conference on Global Financial Crisis: A Decade after Lehman

Conference on Global Financial Crisis: A Decade after Lehman December 3-4, 2018 Ambedkar International Centre, New Delhi This September marked the 10th year of the global financial crisis. A decade later, the world economy still feels the reverberations of the crisis. The attempts to re-stabilise an...

Blog

Article

February 7, 2020

Joe Athialy

Demonetisation: Lest we Forget

Changing goal posts has been a hallmark of the precariously conceived and insensitively implemented demonetisation, second anniversary of which was yesterday (Nov 8). Finance Minister who declared Nov 8 as Anti Black Money Day during the first anniversary did mention about that while blogging about ...

Blog Demonetisation Indian Economy

Article

November 5, 2018

Amy Howe

Court Quiet, but Potentially Skeptical, on Immunity for International Organisations

The Supreme Court heard oral argument this morning in a dispute over immunity for the International Finance Corporation, an international organization that makes loans to private businesses to finance projects in developing countries. The plaintiffs in the case, a group of farmers and fishermen, liv...

Blog International Finance Tata Mundra Ultra Mega Project

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.

CFA is a project of CACIM (www.cacim.net) and Bank Information Centre Trust.

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Blog

Q&A on Finance in the Winter Session of Parliament 2018

The Davids and the World Bank!

The Gospel on Wilful Defaulters, According to RBI

Impact of Global Crisis on the Indian Banking System

Ten Years After: Financial Crisis and its Relentless Impact

Mainstreaming India’s Poor in Banking

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

Conference on Global Financial Crisis: A Decade after Lehman

Demonetisation: Lest we Forget

Court Quiet, but Potentially Skeptical, on Immunity for International Organisations

Q&A on Finance in the Winter Session of Parliament 2018

The Davids and the World Bank!

The Gospel on Wilful Defaulters, According to RBI

Impact of Global Crisis on the Indian Banking System

Ten Years After: Financial Crisis and its Relentless Impact

Mainstreaming India’s Poor in Banking

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

Conference on Global Financial Crisis: A Decade after Lehman

Demonetisation: Lest we Forget

Court Quiet, but Potentially Skeptical, on Immunity for International Organisations