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Statements
January 10, 2019
Stand in Solidarity with the Bank Union Strike
Bank unions All India Bank Employee’s Association and Bank Employees Federation of India (BEFI) have called for a two-day nationwide strike today and tomorrow (January 8 and 9, 2019), in support of the general strike called by 10 Trade unions against the anti-worker policies of the government. All I...
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October 5, 2018
CSOs Ask World Bank to Strengthen the Inspection Panel
Submission to the Inspection Panel Working Group We are happy to note the Working Group of the World Bank Board’s Committee on Development Effectiveness is reviewing the Inspection Panel’s toolkit to determine whether it should be revised to enhance the Panel’s effectiveness. We take it as a positiv...
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May 16, 2019
Merger of Banks: Harmful, Ill-timed and Avoidable
Public Statement | New Delhi, September 18, 2018 The Merger of Banks: Harmful, Ill-timed and Avoidable The decision of the government to merge Bank of Baroda, Dena Bank and Vijaya Bank yesterday (September 17, 2018) is harmful to public sector banks (PSBs) and is a precursor for privatising the PSBs...
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August 16, 2018
Statement on the Withdrawal of FRDI Bill
Public Statement  | August 16, 2018 A Battle Won, The War Looms at Large: Statement on the Withdrawal of Financial Resolution and Deposit Insurance Bill A Joint Statement On 7th August 2018, a year after its introduction, the BJP government withdrew the Financial Resolution and Deposit Insurance (FR...
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February 24, 2026
Mumbai Resolution on Infrastructure Financing in India
In the political resolution adopted at the end of the People Convention on Infrastructure Financing delegates resolved to challenge the undemocratic and economically unsound functioning of IFIs including AIIB, World Bank, IFC and others. The Convention also resolved to push for people-centered alter...
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February 7, 2020
Modi Government Wrecking Public Sector Banks and the Indian Economy
Public Statement | April 27, 2018 After Demonetisation, now the Cash Crunch in ATMs: Modi Government Wrecking Public Sector Banks and the Indian Economy A Joint Statement In the past few weeks, ATMs across India have gone cashless, bringing back nightmares of the cash crunch during demonetisation. ...
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