Latest in
NPAs
February 19, 2019
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 ...
Article
December 17, 2018
The Gospel on Wilful Defaulters, According to RBI
The Reserve Bank of India, in 2015, issued a Master Circular on Wilful Defaulters, which starts with Introduction: “Pursuant to the instructions of the Central Vigilance Commission for collection of information on wilful defaults of Rs. 25 lakhs and above by RBI and dissemination to the reporting ba...
Article
March 11, 2026
Bank Charges Needs to be Reviewed Immediately
The Banks have been levying bank charges for providing various services like ATM card, chequebook, annual statement, and transactions. These charges directly affect the poorest sections of society. In August 2018, the Union Minister of State in Finance, Shiv Pratap Shukla reported in Lok Sabha that ...
Video
October 26, 2018
An Insight into CVC’s Bank Frauds Analysis
What is the inside story of the bank frauds in India? An insight into the ‘Top 100’ bank frauds by the Central Vigilance Commission On October 15, 2018, the Central Vigilance Commission (CVC) released a report titled, ‘Analysis of Top 100 Bank Frauds’. The report provides vital information on the mo...
Article
November 20, 2018
Banks on the Brink
The unprecedented crisis in the Indian banking sector, which has brought banks’ lending operations to a virtual standstill, means that they can do little to help the economy, which is buffeted on multiple fronts. The filing for bankruptcy by Lehman Brothers on September 15, 2008, resulted in a st...
Article
May 1, 2019
The Arbitrary Bank Charges must be Removed
Banks act as financial intermediaries between depositors and borrowers. It is the public money, deposited in the form of term deposit (fixed deposits) and time deposit (saving & current accounts) which banks use for lending to borrowers. Since public money is important for the banking sector as ...
Article