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Financially inclusive India! Are we?
The 2017 Global Findex Database of the World Bank Group portrays India in a remarkably favourable light owing to the sharp increase in the number of bank account holders in the country, but the...
The 2017 Global Findex Database of the World Bank Group portrays India in a remarkably favourable light owing to the sharp increase in the number of bank account holders in the country, but the...
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...
Nearly 100 major groups and several prominent experts have attacked the NDA government for the manner in which the banks and economy are being wrecked due to the impact of demonetisation followed by the...
“Why do the big corporations who owe 80% of NPAs go scot-free?,” M.K. Venu of the Wire asked at the public meeting titled ‘Crisis in the Banking Sector: Who Stole? Who Pays?’ Crisis in...
An intervention of Anupam, Swaraj India, at the public meeting titled ‘Crisis in the Banking Sector: Who Stole? Who Pays? “Crisis in the Banking Sector: Who Stole? Who Pays?” Crisis in the Banking Sector: Who...
New Delhi: “Corruption today is not moral degeneration but is a systemic loot. It results in huge accumulation and inequity,” said Nilotpal Basu, CPI(M) leader, at a public meeting organized at the Press Club...
नई दिल्ली : पंजाब नेशनल बैंक के घोटाले ने सबको झकझोर दिया है। बैकिंग सेक्टर पर छाए इस संकट को लेकर ऑल इंडिया बैंक ऑफिसर्स कॉन्फ़ेडरेशन (एआईबीओसी) भी चिंतित हो गया है। इस संगठन...
New Delhi, Feb 23 (PTI) The All India Bank Officers Confederation (AIBOC) today alleged that most financial scams take place due to loopholes in the system. At a public meeting here on “Crisis in...
Communist Party of India (Marxist) leader Nilotpal Basu on Friday said the present crisis in the banking sector is part of a larger crisis the country is facing on multiple fronts. “Corruption today is...
New Delhi (23 Feb 2018): A public meeting held here today has accused the Modi government of wilfully letting go wilful defaulters of banks scams. The public meeting, ‘Crisis in the Banking Sector: Who...
New Delhi, Feb 23 (IANS) Communist Party of India (Marxist) leader Nilotpal Basu on Friday said the present crisis in the banking sector is part of a larger crisis the country is facing on...
Recapitalization or capital infusion of Public Sector Banks from budgetary allocations has been making news for the past few years on a regular basis. In August 2015, the government under its Indradhanush framework announced...
Union Budget 2018-19: Issues of Marginalised Sections
Burdened with the ever-increasing non-performing assets (NPAs) and saddled with its provisioning, it is common knowledge now that Public Sector Banks (PSBs) have suffered enormous losses and thus, are in a crisis. The current...
For immediate release Dishonest to say that NPA crisis is due to the default in agricultural loans: Prof. Prabhat Patnaik New Delhi, January 13, 2018: “It is incorrect to say that the rise in...