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By Our Representative A joint meeting of civil society and trade union organizations has accused the Government of India of making frenzied attempts of pushing nationalized banks through Reserve Bank of India to take defaulting companies to the National Company Law Tribunal (NCLT), and start bankrup...

Coverage FRDI Indian Economy NFIs NPAs

Article

February 26, 2018

CFA Admin

Press Release: Wilfully Letting go Wilful Defaulters of Bank Scams

Press Release | February 23, 2018 Wilfully Letting go Wilful Defaulters of Bank Scams New Delhi: A public meeting held here today has accused the Modi government of wilfully letting go wilful defaulters of banks scams. The public meeting, ‘Crisis in the Banking Sector: Who Stole? Who Pays?’ was orga...

Finance NFIs NPAs Press Releases

Article

February 7, 2020

Business Standard

Banking sector crisis part of larger mess: CPI-M leader

Communist Party of India (Marxist) leader Nilotpal Basu on Friday said the present crisis in the banking sector is part of a larger crisis the country is facing on multiple fronts. “Corruption today is not moral degeneration but a systemic loot. It results in huge accumulation and inequity,...

Coverage FRDI Indian Economy NFIs NPAs

Article

February 26, 2018

Milli Gazette Online

Wilfully Letting go Wilful Defaulters of Bank Scams

New Delhi (23 Feb 2018): A public meeting held here today has accused the Modi government of wilfully letting go wilful defaulters of banks scams. The public meeting, ‘Crisis in the Banking Sector: Who Stole? Who Pays?’ was organised in the wake of recent spate of fraud unearthed at the Punjab Nat...

Coverage FRDI NFIs NPAs

Article

February 7, 2020

Quint

Banking sector crisis part of larger mess: CPI-M leader

New Delhi, Feb 23 (IANS) Communist Party of India (Marxist) leader Nilotpal Basu on Friday said the present crisis in the banking sector is part of a larger crisis the country is facing on multiple fronts.”Corruption today is not moral degeneration but a systemic loot. It results in huge acc...

Coverage FRDI Indian Economy NFIs NPAs

Article

February 7, 2020

Madhavi Bansal

RBI is an Accomplice in bringing the FRDI Bill

An article in Hindustan Times dated February 12, 2018, titled Reserve Bank Goes Back on its Opposition to the FRDI Bill claims that the Reserve Bank has retracted from its former position of three months back— which was the opposition to certain provisions of the Bill — and is now looking only for c...

Blog Finance FRDI Indian Economy NPAs

Article

February 23, 2026

CFA Admin

Booklet: Reflections on the Union Budget 2018-19 from the Margins

Union Budget 2018-19: Issues of Marginalised Sections Read Here ...

Finance National Financial Institutions NFIs Publications

Article

November 20, 2018

Delhi Post

FRDI Bill is a problem, not a solution

The proposed FRDI Bill in its current form could impact banks in a detrimental way. The Modi-led NDA government did not have to be in the defensive many a time, in its nearly four-year term. However, in the case of Financial Resolution and Deposit Insurance Bill, 2017 (FRDI Bill), it is not rightly ...

Coverage FRDI 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...

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Article

January 19, 2018

Madhavi Bansal

Banking on Accountability and Transparency

Burdened with the ever-increasing non-performing assets (NPAs) and saddled with its provisioning, it is common knowledge now that Public Sector Banks (PSBs) have suffered enormous losses and thus, are in a crisis. The current banking crisis and its ‘so-called’ solutions — be it the emphasis on priva...

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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.

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NFIs

Govt Using Adjudication Bodies to “Help Out” Corporate Defaulters

Press Release: Wilfully Letting go Wilful Defaulters of Bank Scams

Banking sector crisis part of larger mess: CPI-M leader

Wilfully Letting go Wilful Defaulters of Bank Scams

Banking sector crisis part of larger mess: CPI-M leader

RBI is an Accomplice in bringing the FRDI Bill

Booklet: Reflections on the Union Budget 2018-19 from the Margins

FRDI Bill is a problem, not a solution

Campaign to Save Public Sector Banks Reaches Hyderabad

Banking on Accountability and Transparency

Govt Using Adjudication Bodies to “Help Out” Corporate Defaulters

Press Release: Wilfully Letting go Wilful Defaulters of Bank Scams

Banking sector crisis part of larger mess: CPI-M leader

Wilfully Letting go Wilful Defaulters of Bank Scams

Banking sector crisis part of larger mess: CPI-M leader

RBI is an Accomplice in bringing the FRDI Bill

Booklet: Reflections on the Union Budget 2018-19 from the Margins

FRDI Bill is a problem, not a solution

Campaign to Save Public Sector Banks Reaches Hyderabad

Banking on Accountability and Transparency

CFA