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NFIs
September 13, 2019
Mergers To Serve Corporate Interests
On August 30, Finance Minister Nirmala Sitaraman announced the consolidation of 10 public sector banks (PSBs) into four large ones. The background of the announcement is the current full-blown economic crisis and a brewing crisis in the financial sector. Over the last several years, PSBs hav...
Article
March 11, 2026
Videos: RBI’s Reserve Fund Transfer & Banks Mergers: A Loot or Boost?
In the wake of RBI’s decision to transfer Rs 1.76 lakh crore to the government as per the recommendations of the Bimal Jalan-led committee; and Modi Government’s the decision to merge 10 Public Sector Banks to carve out for large banks, a public debate titled ‘RBI’s Reserve Fund Transfer & Banks...
Video
September 13, 2019
In the shadows of a debt crisis: A closer look at how IL&FS episode unfolded and impacted the larger economy
India Inc. is now officially facing an economic slowdown. But economic slowdowns aren’t made overnight. This has been in the offing for almost a year now. On 23 June 2019, the Reserve Bank of India’s deputy governor Viral Acharya handed in his resignation. Just a few months before he resigned, Achar...
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