Latest in
NPAs
December 6, 2017
Will the RBI Solve the NPA Problem?
Five years ago, the All India Bank Officers’ Association, presented a presentation to our Bank Management titled NPA-Never Permit an Avalanche. This helped a lot to reduce NPAs of smaller amount but the large Corporate NPAs had to be tackled at the top level. Over this period it is now accepted that...
Article
December 6, 2017
Communities affected by Tata Mundra will ask U.S. Supreme Court to hear case against IFC challenging “absolute immunity”
September 27, 2017, Mundra, Gujarat: Fishing communities and farmers affected by Tata Mundra said on Friday that they would approach the U.S. Supreme Court to review the decision of  U.S. Court of Appeals for the District of Columbia Circuit, which upheld the entitlement of the World Bank Group to “...
Article
January 23, 2018
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,...
Article
February 18, 2019
India’s Thermal Power Projects are Making Even our Public-Sector Banks Sick
We all know of the killing impacts of coal based power plants – from the massive air pollution, from water contamination and from the dirty coal mines.  As per the “State of Global Air 2017” report, there were over 4.2 million premature deaths in 2015, from exposure to long term air pollution alone,...
Article