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non-performing assets
December 6, 2017
Will the RBI Solve the NPA Problem?
Five years ago, the All India Bank Officers’ Association, presented a presentation to our Bank Management titled NPA-Never Permit an Avalanche. This helped a lot to reduce NPAs of smaller amount but the large Corporate NPAs had to be tackled at the top level. Over this period it is now accepted that...
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January 23, 2018
FRDI: Robbing Savings to Pay Corporate Debts
Financial Resolution and Deposit Insurance (FRDI) Bill, 2017 is supposedly the new weapon in the government’s arsenal to ‘solve’ the bad loan crisis. This Bill’s stated objective is to form a Resolution Corporation that would ‘resolve’ a financial institution through means of a merger, amalgamation,...
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September 3, 2017
The corruption in the power sector is in the tune of over one lakh crore: Paranjoy Guha Thakurta
August 23, 2017, New Delhi: “The corruption in the power sector is in the tune of over one lakh crore,” said senior journalist and author Paranjoy Guha Thakurta. The former editor of EPW and author of Gas Wars alleged that out of this, Rs one lakh crore, the corruption of Rs 50,000 is ‘well-establis...
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