banking sector Archives - Centre for Financial Accountability

How the Banking Sector has been Destroyed in the Last 10 Years

The claim of the Prime Minister that the Banking Sector has become robust is not true if we analyse the facts and figure...

Article

A Dint on the PSB’s NPA Management

Introduction The global economy is in a downward trend, fuelled by the third wave of the pandemic. In India, the role of...

Finance General Indian Economy NPAs

Article

Banking and Customer Rights

Based on the presentation done in the webinar “Privatisation, Banking Services and Customer Rights” on 23rd July 2021 or...

Bank Charges General Indian Economy

Article

Bank Nationalization Day: In Defense of Public Sector Banks

Statement warning against the privatization of banks Stop Privatisation! Democratise Banking! New Delhi, July 19, 2021: ...

General Indian Economy National Financial Institutions

Article

Why was the Nationalisation of Banks Necessary?

The Socio-political environment of the second half of 1960s reflected a sense of disenchantment in the growing inequalit...

General Random Reflections

Article

Business Correspondents: Modern Day Slavery in Banking Sector

As per RBI Data, as on March 2020 there were 5,41,175 business correspondents in villages and 6,35,046 business corresp...

General Random Reflections

Article

Challenges Before the Banking Sector Today

The Public Sector Banks have been facing challenges since 1991 with the so-called reform process. Starting from the Nara...

General Random Reflections

Article

Loans to Corporates – It’s high time to implement the RBI decision of 2016

RBI announced in August 2016, that it will move to cap exposure of banks to large borrowers while also taking steps to d...

General Random Reflections

Article

Is Forbearance the Original Sin?

Chapter 7 of Economic Survey dealing with the banking crisis strongly emphasizes that the continuation of the policy of ...

Indian Economy

Article

Infographics: Indian EXIM Bank

These infographics done masterfully by Kokila Bhattacharya give a holistic picture of the Indian Exim bank – the i...

General Indian Exim Bank

April 12, 2024

Thomas Franco

How the Banking Sector has been Destroyed in the Last 10 Years

The claim of the Prime Minister that the Banking Sector has become robust is not true if we analyse the facts and figures. On Jan 1 2015, Gyan Sangam 1 was organised in Pune in which the Prime Minister, the Finance Minister, the Secretary of Finance and private sector bankers were the main guests. A...

General Indian Economy Random Reflections

Article

January 18, 2022

Kannan Neelamegan

A Dint on the PSB’s NPA Management

Introduction The global economy is in a downward trend, fuelled by the third wave of the pandemic. In India, the role of Public Sector Banks (PSBs) which constitute more than 65% of the banking system, is critical to slow down this trend and reduce the impact on the economy, as seen during the 2008 ...

Finance General Indian Economy NPAs

Article

August 4, 2021

Ashish Kajla

Banking and Customer Rights

Based on the presentation done in the webinar “Privatisation, Banking Services and Customer Rights” on 23rd July 2021 organised by CFA and People First to mark the nationalisation of banks. The banking sector has definitely come a long way since nationalisation, we still are many miles behind in our...

Bank Charges General Indian Economy

Article

July 23, 2021

CFA Admin

Bank Nationalization Day: In Defense of Public Sector Banks

Statement warning against the privatization of banks Stop Privatisation! Democratise Banking! New Delhi, July 19, 2021: 19th of July is marked as the bank nationalisation day, recognising the historical decision of the Indira Gandhi government to take control of private banks. It is not an exaggerat...

General Indian Economy National Financial Institutions

Article

May 25, 2021

Thomas Franco

Why was the Nationalisation of Banks Necessary?

The Socio-political environment of the second half of 1960s reflected a sense of disenchantment in the growing inequalities spawned by the development process–a sense which was highlighted by a series of studies such as the reports of monopolies inquiry commission and Mahalanobis committee on distri...

General Random Reflections

Article

April 29, 2021

Thomas Franco

Business Correspondents: Modern Day Slavery in Banking Sector

As per RBI Data, as on March 2020 there were 5,41,175 business correspondents in villages and 6,35,046 business correspondents in urban areas. So there are 11,76,221 Customer Service Points covered by the business correspondents (RBI Annual Report 2020) whereas there are only 86,915 branches of Pub...

General Random Reflections

Article

April 26, 2021

Thomas Franco

Challenges Before the Banking Sector Today

The Public Sector Banks have been facing challenges since 1991 with the so-called reform process. Starting from the Narasimhan Committee to P.J. Nayak Committee has recommended reducing Government share. They want banks to be government managed without government control. It is privatisation by red...

General Random Reflections

Article

May 18, 2021

Thomas Franco

Loans to Corporates – It’s high time to implement the RBI decision of 2016

RBI announced in August 2016, that it will move to cap exposure of banks to large borrowers while also taking steps to deepen the Corporate Bond Market. RBI stated that starting from next fiscal year (2017), banks will have to set aside higher provisions for incremental lending to borrowers who have...

General Random Reflections

Article

June 7, 2021

Priya Dharshini

Is Forbearance the Original Sin?

Chapter 7 of Economic Survey dealing with the banking crisis strongly emphasizes that the continuation of the policy of forbearance followed in the wake of Global Financial Crisis (GFC) even after 2011 was the primary reason for the banking sector crisis. The survey argues “the forbearance continued...

Indian Economy

Article

May 18, 2021

CFA Admin

Infographics: Indian EXIM Bank

These infographics done masterfully by Kokila Bhattacharya give a holistic picture of the Indian Exim bank – the institution and impacts of the investments. This series of infographics effectively depict the reach of Exim bank across the world, sectors of investment, NPAs and also the need to ...

General Indian Exim Bank

Article

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banking sector

How the Banking Sector has been Destroyed in the Last 10 Years

A Dint on the PSB’s NPA Management

Banking and Customer Rights

Bank Nationalization Day: In Defense of Public Sector Banks

Why was the Nationalisation of Banks Necessary?

Business Correspondents: Modern Day Slavery in Banking Sector

Challenges Before the Banking Sector Today

Loans to Corporates – It’s high time to implement the RBI decision of 2016

Is Forbearance the Original Sin?

Infographics: Indian EXIM Bank

How the Banking Sector has been Destroyed in the Last 10 Years

A Dint on the PSB’s NPA Management

Banking and Customer Rights

Bank Nationalization Day: In Defense of Public Sector Banks

Why was the Nationalisation of Banks Necessary?

Business Correspondents: Modern Day Slavery in Banking Sector

Challenges Before the Banking Sector Today

Loans to Corporates – It’s high time to implement the RBI decision of 2016

Is Forbearance the Original Sin?

Infographics: Indian EXIM Bank