Corporate loans Archives - Centre for Financial Accountability

Should SBI become the voice of the Government?

Random Reflections State Bank of India is a Public Sector Bank in which the Union Government holds a 54% share. It has t...

General Random Reflections

Article

Is the claim of Adani Group true? Who can clarify?

The Adani Group is taking all efforts to counter the opinion expressed in the recent CreditSights report, a subsidiary o...

General Random Reflections

Article

From People’s Bank to a Corporate Slave – Where is the SBI headed?

Stop Adani Campaign, Australia The recent deal between Adani Capital and the State Bank of India has raised eyebrows. St...

General Random Reflections

Article

Insolvency of ‘Insolvency and Bankruptcy Code’ – Booklet

Insolvency and Bankruptcy Code was brought in 2016 with a huge fan flare and was presented as a magic solution for the u...

General Indian Economy

Article

IBC: Escape Route for Big Corporate ?

The then Finance Minister late Mr. Arun Jaitley & the present Finance Minister Smt. Nirmala Sitharaman used to say ...

General Indian Economy

Article

Reserve Bank of India or the Richmen Bank of India?

RBI has been losing credibility since demonetisation. Its subsequent efforts like not intervening when Bank charges were...

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

Banks Paying Heavily for Corporate Loan Waivers: RTI

Not Write offs, Corporate Loan Waivers Banks Recovered Only 10% Bad Loans After Writing Them Off !! According to...

Indian Economy National Financial Institutions NPAs

Article

Random Reflections- Is India’s Banking Sector Moving Towards a Melt Down and Financial Collapse?

Bank’s performance is always the reflection of the country’s economy. Though results are not out for the financial year...

Blog Indian Economy Random Reflections

Article

Random Reflections-The Tamasha about Write off, Waive off and the Reality

When COVID-19 cases are increasing, people are waiting for relief package every day, states are begging the Centre for ...

Blog Indian Economy Random Reflections

October 18, 2022

Thomas Franco

Should SBI become the voice of the Government?

Random Reflections State Bank of India is a Public Sector Bank in which the Union Government holds a 54% share. It has to be independent, and it has acted independently in the past. For example, Mr R.K. Talwar as chairman of the bank, refused to give a loan recommended by Mr Pranab Mukherjee, the t...

General Random Reflections

Article

September 9, 2022

Thomas Franco

Is the claim of Adani Group true? Who can clarify?

The Adani Group is taking all efforts to counter the opinion expressed in the recent CreditSights report, a subsidiary of Fitch Ratings, which said it remains “cautiously watchful” of the debt-funded expansion of the Adani Group, particularly the listed entities. Leading newspapers have published ar...

General Random Reflections

Article

December 9, 2021

Thomas Franco

From People’s Bank to a Corporate Slave – Where is the SBI headed?

Stop Adani Campaign, Australia The recent deal between Adani Capital and the State Bank of India has raised eyebrows. State Bank of India was known as the people’s bank, and it could rightly claim that it was ‘the largest bank serving the smallest man.’ Since the year 1991, things ...

General Random Reflections

Article

July 23, 2021

CFA Admin

Insolvency of ‘Insolvency and Bankruptcy Code’ – Booklet

Insolvency and Bankruptcy Code was brought in 2016 with a huge fan flare and was presented as a magic solution for the underlying problem of corporate bad loans. After 5 years, we can see its reality, of it being another piece of legislation that didn’t solve the problem despite continuous amendment...

General Indian Economy

Article

June 18, 2021

Devidas Tuljapurkar

IBC: Escape Route for Big Corporate ?

The then Finance Minister late Mr. Arun Jaitley & the present Finance Minister Smt. Nirmala Sitharaman used to say that the Insolvency and Bankruptcy Code (IBC) will prove to be a game changer. Indians are scared of stigma & thus borrowers will come forward & will pay back. Now the emer...

General Indian Economy

Article

June 18, 2021

Thomas Franco

Reserve Bank of India or the Richmen Bank of India?

RBI has been losing credibility since demonetisation. Its subsequent efforts like not intervening when Bank charges were increased, proposing banking licences to corporates which RBI all along opposed on well found principles, allowing more FDI into Banking Sector, relaxing Priority Sector Lending n...

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

August 12, 2020

Ashish Kajla

Banks Paying Heavily for Corporate Loan Waivers: RTI

Not Write offs, Corporate Loan Waivers Banks Recovered Only 10% Bad Loans After Writing Them Off !! According to an RTI response received from Reserve Bank of India, between 2014 and 2019 scheduled commercial banks in India have written off bad loans worth Rs 6.35 lakh crore and have recover...

Indian Economy National Financial Institutions NPAs

Article

May 28, 2020

Thomas Franco

Random Reflections- Is India’s Banking Sector Moving Towards a Melt Down and Financial Collapse?

Bank’s performance is always the reflection of the country’s economy. Though results are not out for the financial year 2019-20, analysis shows that many banks will be showing a huge loss. The last quarter which normally sees huge increase in advances did not happen. The deposits of all scheduled b...

Blog Indian Economy Random Reflections

Article

May 5, 2020

Thomas Franco

Random Reflections-The Tamasha about Write off, Waive off and the Reality

When COVID-19 cases are increasing, people are waiting for relief package every day, states are begging the Centre for release of GST share, permit more loans, allow RBI to lend to states at repo rate, provide more PPEs and testing equipment, the Finance Minister tweeted with 13 threads defending w...

Blog Indian Economy Random Reflections

Article

Categories

Corporate loans

Should SBI become the voice of the Government?

Is the claim of Adani Group true? Who can clarify?

From People’s Bank to a Corporate Slave – Where is the SBI headed?

Insolvency of ‘Insolvency and Bankruptcy Code’ – Booklet

IBC: Escape Route for Big Corporate ?

Reserve Bank of India or the Richmen Bank of India?

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

Banks Paying Heavily for Corporate Loan Waivers: RTI

Random Reflections- Is India’s Banking Sector Moving Towards a Melt Down and Financial Collapse?

Random Reflections-The Tamasha about Write off, Waive off and the Reality

Should SBI become the voice of the Government?

Is the claim of Adani Group true? Who can clarify?

From People’s Bank to a Corporate Slave – Where is the SBI headed?

Insolvency of ‘Insolvency and Bankruptcy Code’ – Booklet

IBC: Escape Route for Big Corporate ?

Reserve Bank of India or the Richmen Bank of India?

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

Banks Paying Heavily for Corporate Loan Waivers: RTI

Random Reflections- Is India’s Banking Sector Moving Towards a Melt Down and Financial Collapse?

Random Reflections-The Tamasha about Write off, Waive off and the Reality