In this month’s infrastructure update, the national and international financial institutions such as the ADB, JICA, AIIB and BoB are looking to increase project and policy financing for infrastructure projects.
The five state election results are being analysed from various angles. Communal polarisation, EVM manipulation, welfare schemes are the ones being talked about much more.
वित्तीय संस्थानों में पर्यावरण और सामाजिक जवाबदेही नीतियां क्या हैं? ये वित्तीय संस्थानों को उनके द्वारा वित्त पोषित परियोजनाओं के सामाजिक और पर्यावरणीय प्रभावों के लिए जवाबदेह बनाने के लिए तंत्र हैं। वास्तविक प्रावधान...
The government has time and again stated that ‘write off’ does not mean relief to the borrower as recovery processes continue. But in practice, banks are compelled to forgo any hope of recovery.
An RTI enquiry has revealed that the bad loans of banks are spiking like never before. The answer from RBI reveals that compared to FY 2004 to FY 2014, the last 9 years were...
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...
Anirban Bhattacharya & Pranay Raj A Reserve Bank of India statement on June 8 has set off a raging debate. The bank has allowed for write-offs and compromise settlements for even frauds and wilful...
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.
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.
Banks abroad work only five days a week. International financial system works only five days a week. Reserve Bank of India works only for five days a week. The Central Government Offices and most...
It was only after the nationalisation of 14 banks on July 19, 1969, that the banks reached the common people. The main changes that were done included a shift from class banking to mass...
In a statement signed by over 50 civil society organisations and concerned citizens, FAN believes, Joshimath Disaster is the”inevitable result of long neglect of scientific warnings, of gross financialization of nature and total lack...
In this in-depth analysis of the entire Demonetisation process in the context of the 4:1 Supreme Court verdict delivered on January 02, 2023, points out that the extensive damages caused by the 2016 measure...