Over 500 delegates from West Bengal, Bihar, Jharkhand, Madhya Pradesh, Maharashtra, Tamil Nadu, Kerala, Rajasthan and other parts of the country, representing people’s movements, trade unions and Civil Society Organisations came together at the...
The Centre for Financial Accountability held a dialogue at Mumbai on July 7, 2023 to discuss the drafting and implementation of environmental and social safeguards in Indian banks and financial institutions.
Addressing a Rozgar Mela last month and virtually handing over 70,000 appointment letters (remember the 2 crore jobs per year promise and the vacant 9, 60,000 posts in the union government itself) the prime...
We the undersigned express our deep concern on reports in the news media which state that a State Bank of India (SBI) led consortium is planning to invest ₹ 34,000 crore in the first...
Though the government announced two years ago that it is going to privatise two public sector banks, it could not privatise even one so far because of the strong opposition from the United Federation...
The Financial Stability Report (FSR) released by the Reserve Bank of India (RBI) has certain very damaging revelations. It is surprising that RBI gave thumbs up to them and claimed that non-performing assets (NPAs)...
The RBI circular dated 8th June 2023, permitting public sector banks, private banks, small finance banks, co-operative banks and non-banking finance companies to have compromise settlements with willful defaulters
Wilful defaulters and companies involved in fraud can go for a compromise settlement or technical write offs by banks and Non -Banking Finance Companies, as per the new RBI circular.
All India Bank Officers Confederation (AIBOC) and All India Bank Employees Association (AIBEA), both apex bodies representing more than 6 lakh bankers, have addressed a communique to express their strong condemnation and outrage regarding...
The Indian banking sector has a unique industrial relations machinery that came into practice through struggle and sacrifices, and it is not only for the workmen but also for the officers.
Geoffrey Hinton, aged 75, known as the father of Artificial Intelligence (AI) has recently resigned as Vice President, at Google to speak about the potential risks of AI.
The Tamil Nadu Government passed an amendment to the Factories Act
The Finance Minister has claimed that in the past eight years the government has disbursed 41 crore Mudra Loans worth Rs.23 crores. This is not at all the government’s money.
Almost every day, new information is surfacing. Favours given in allocation of ports to Adani, airports bestowed on him, coal auctions going to him, oil import contracts coming his way, and the list goes...
The ever widening inequality in our country can be reversed only by taxing the rich. Even during the two years of the Covid-19 pandemic the income that Mukesh Ambani earned is equivalent to what a NREGA Worker will...
