"non performing assets" Archives - Centre for Financial Accountability

The Budget Presents Government’s Myopic Vision on the Banking Sector

The first budget of the newly re-elected government was placed on July 5, 2019, by the Finance Minister Nirmala Sitharam...

Article

How We’re Legalising the ‘Bezzle’

Much has been written about the nonperforming asset (NPA) crisis plaguing the Indian banking system. The Insolvency and ...

Coverage

Article

Impact of Global Crisis on the Indian Banking System

This impact is not only circumscribed to NPA. Overall, Indian banking is passing through one of the worst crisis in hist...

Blog Indian Economy

Article

Government and regulators wake up only after scam surfaces: AIBOC

All India Bank Officers Confederation (AIBOC) on yesterday accused the RBI, Finance Ministry, and Central Vigilance Comm...

Blog FRDI Indian Economy NPAs

Article

Press Release: Wilfully Letting go Wilful Defaulters of Bank Scams

Press Release | February 23, 2018 Wilfully Letting go Wilful Defaulters of Bank Scams New Delhi: A public meeting held h...

Finance NFIs NPAs Press Releases

Article

NPA is due to the corporate default: Prof. Prabhat Patnaik

For immediate release Dishonest to say that NPA crisis is due to the default in agricultural loans: Prof. Prabhat Patna...

FRDI Indian Economy NPAs Press Releases

Article

Citizens Demanding their MPs to Repeal FRDI

Concerned citizens are drawing the attention of the members of the Parliament towards serious implications of the Financ...

Blog Finance FRDI Indian Economy NPAs

Article

PSBs Must Stop Minimum Account Balance Requirement

Public Statement Penalizing for Poverty – Public Sector Banks Should Stop Extorting Money Over Minimum Account Balance (...

Demonetisation Finance National Financial Institutions NPAs Statements

Article

Why is the government in hurry to pass the FRDI Bill?

The Financial Resolution and Deposit Insurance Bill (FRDI) was introduced by the Union Minister of State for Finance Arj...

Blog FRDI Indian Economy National Financial Institutions NPAs

Article

India’s Thermal Power Projects are Making Even our Public-Sector Banks Sick

We all know of the killing impacts of coal based power plants – from the massive air pollution, from water contamination...

Blog Coal Energy Finance National Financial Institutions NPAs Tata Mundra Ultra Mega Project

February 7, 2020

Ashish Kajla

The Budget Presents Government’s Myopic Vision on the Banking Sector

The first budget of the newly re-elected government was placed on July 5, 2019, by the Finance Minister Nirmala Sitharaman. The budget failed to address the real problems of the economy like unemployment, agrarian crisis, healthcare, and debt-ridden banking sector. Economists have also pointed out t...

Blog Indian Economy National Financial Institutions NFIs

Article

February 19, 2019

The Economic Times

How We’re Legalising the ‘Bezzle’

Much has been written about the nonperforming asset (NPA) crisis plaguing the Indian banking system. The Insolvency and Bankruptcy Code (IBC) has been widely hailed as the silver bullet. But it has arguably done more to systematically ‘destroy value’ in the economy than any other legislation in the ...

Coverage

Article

February 7, 2020

Devidas Tuljapurakar

Impact of Global Crisis on the Indian Banking System

This impact is not only circumscribed to NPA. Overall, Indian banking is passing through one of the worst crisis in history. Since the last three years, banking in the public sector is almost stagnant. Of the 21 public sector banks, only two are showing profits In an increasingly interdependent fina...

Blog Indian Economy

Article

February 7, 2020

CFA Admin

Government and regulators wake up only after scam surfaces: AIBOC

All India Bank Officers Confederation (AIBOC) on yesterday accused the RBI, Finance Ministry, and Central Vigilance Commission for waking up only after a major scam surfaces. They further charged them with not analysing the failure of the system. These charges were made after the Nirav Modi Scam cam...

Blog FRDI Indian Economy NPAs

Article

February 26, 2018

CFA Admin

Press Release: Wilfully Letting go Wilful Defaulters of Bank Scams

Press Release | February 23, 2018 Wilfully Letting go Wilful Defaulters of Bank Scams New Delhi: 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 Stole? Who Pays?’ was orga...

Finance NFIs NPAs Press Releases

Article

February 7, 2020

CFA Admin

NPA is due to the corporate default: Prof. Prabhat Patnaik

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 non-performing assets is due to that of social responsibility of the banks as 75 percent of the NPA is due ...

FRDI Indian Economy NPAs Press Releases

Article

February 7, 2020

CFA Admin

Citizens Demanding their MPs to Repeal FRDI

Concerned citizens are drawing the attention of the members of the Parliament towards serious implications of the Financial Resolution and Deposit Insurance (FRDI) Bill 2017 on the individual depositors and the banking sector at large. So far, individuals from across India have signed the petition a...

Blog Finance FRDI Indian Economy NPAs

Article

January 5, 2018

CFA Admin

PSBs Must Stop Minimum Account Balance Requirement

Public Statement Penalizing for Poverty – Public Sector Banks Should Stop Extorting Money Over Minimum Account Balance (MAB) Requirement It was highly shocking to learn that State Bank of India (SBI) had levied Rs 1,771 crores between April and November 2017 as charges from customers who did not mai...

Demonetisation Finance National Financial Institutions NPAs Statements

Article

February 7, 2020

Priya Dharshini

Why is the government in hurry to pass the FRDI Bill?

The Financial Resolution and Deposit Insurance Bill (FRDI) was introduced by the Union Minister of State for Finance Arjun Ram Meghwal in the Parliament (Lok Sabha) on August 10, 2017, on the penultimate day of the Monsoon Session of the Parliament. Besides the content of the Bill, there were disrup...

Blog FRDI Indian Economy National Financial Institutions NPAs

Article

February 18, 2019

Soumya Dutta

India’s Thermal Power Projects are Making Even our Public-Sector Banks Sick

We all know of the killing impacts of coal based power plants – from the massive air pollution, from water contamination and from the dirty coal mines. As per the “State of Global Air 2017” report, there were over 4.2 million premature deaths in 2015, from exposure to long term air pollution alone,...

Blog Coal Energy Finance National Financial Institutions NPAs Tata Mundra Ultra Mega Project

Article

Our Money | Our Rights | Our Voice

“non performing assets”

The Budget Presents Government’s Myopic Vision on the Banking Sector

How We’re Legalising the ‘Bezzle’

Impact of Global Crisis on the Indian Banking System

Government and regulators wake up only after scam surfaces: AIBOC

Press Release: Wilfully Letting go Wilful Defaulters of Bank Scams

NPA is due to the corporate default: Prof. Prabhat Patnaik

Citizens Demanding their MPs to Repeal FRDI

PSBs Must Stop Minimum Account Balance Requirement

Why is the government in hurry to pass the FRDI Bill?

India’s Thermal Power Projects are Making Even our Public-Sector Banks Sick

The Budget Presents Government’s Myopic Vision on the Banking Sector

How We’re Legalising the ‘Bezzle’

Impact of Global Crisis on the Indian Banking System

Government and regulators wake up only after scam surfaces: AIBOC

Press Release: Wilfully Letting go Wilful Defaulters of Bank Scams

NPA is due to the corporate default: Prof. Prabhat Patnaik

Citizens Demanding their MPs to Repeal FRDI

PSBs Must Stop Minimum Account Balance Requirement

Why is the government in hurry to pass the FRDI Bill?

India’s Thermal Power Projects are Making Even our Public-Sector Banks Sick

Categories

“non performing assets”

The Budget Presents Government’s Myopic Vision on the Banking Sector

How We’re Legalising the ‘Bezzle’

Impact of Global Crisis on the Indian Banking System

Government and regulators wake up only after scam surfaces: AIBOC

Press Release: Wilfully Letting go Wilful Defaulters of Bank Scams

NPA is due to the corporate default: Prof. Prabhat Patnaik

Citizens Demanding their MPs to Repeal FRDI

PSBs Must Stop Minimum Account Balance Requirement

Why is the government in hurry to pass the FRDI Bill?

India’s Thermal Power Projects are Making Even our Public-Sector Banks Sick

The Budget Presents Government’s Myopic Vision on the Banking Sector

How We’re Legalising the ‘Bezzle’

Impact of Global Crisis on the Indian Banking System

Government and regulators wake up only after scam surfaces: AIBOC

Press Release: Wilfully Letting go Wilful Defaulters of Bank Scams

NPA is due to the corporate default: Prof. Prabhat Patnaik

Citizens Demanding their MPs to Repeal FRDI

PSBs Must Stop Minimum Account Balance Requirement

Why is the government in hurry to pass the FRDI Bill?

India’s Thermal Power Projects are Making Even our Public-Sector Banks Sick