Repeal FRDI Archives - Centre for Financial Accountability

Road Paved for FRDI 2.0

The announcement by Finance Minister Nirmala Sitharaman yesterday (Nov 15) that the government is planning to increase t...

Article

Statement on the Withdrawal of FRDI Bill

Public Statement | August 16, 2018 A Battle Won, The War Looms at Large: Statement on the Withdrawal of Financial Resol...

Statements

Article

Modi Government Wrecking Public Sector Banks and the Indian Economy

Public Statement | April 27, 2018 After Demonetisation, now the Cash Crunch in ATMs: Modi Government Wrecking Public Sec...

Demonetisation Finance Fintech FRDI Indian Economy National Financial Institutions NPAs Statements

Article

A False Debate on the Frauds and Regulations in Public Sector Banks

The war of words between the Finance Minister and RBI governor has steamed up with the Arvind Subramanian, Chief Economi...

Blog FRDI National Financial Institutions NFIs NPAs

Article

The Privatisation of Public Sector Banks is not a Panacea

In the aftermath of the Rs. 12,000 crore fraud perpetrated by Nirav Modi, the critics of the Indian Banking system has l...

Blog Finance FRDI Indian Economy National Financial Institutions NFIs NPAs

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We need to Talk about Corporate Accountability

Criticizing the people advocating privatization of the Public Sector Banks, Meera Nangia, Prof of Commerce, Delhi Univer...

Finance NPAs Videos

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RBI is also Responsible for the Nirav Modi Scam: Moumita Dutta, AIBOC

Moumita Dutta, Joint Secretary, AIBOC, highlighted that RBI was also responsible for the scam. She asked, “What is the n...

National Financial Institutions NPAs Videos

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Banking Sector Crisis is a Part of Larger Mess: Nilotpal Basu

Nilotpal Basu of the Communist Party of India Marxist CPI(M) said that the crisis one is witnessing in the banking secto...

Indian Economy NPAs Videos

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India is Becoming a Nation of Defaulters: Mohan Guruswamy

“India is becoming a nation of defaulters! Why do defaulters get to buy new companies and new deals?” policy analyst Moh...

NPAs Videos

Video

Ravish Kumar Explains How The Banking System Functions

NDTV India’s multi-part series explained the inside of India’s banking system. This episode takes a hard look at the inf...

Videos

February 7, 2020

Joe Athialy

The announcement by Finance Minister Nirmala Sitharaman yesterday (Nov 15) that the government is planning to increase the deposit guarantee limit from the existing Rs 1 lakh is a confirmation of the rumours/reports going around for some time that the government wants to bring back the Financial Res...

FRDI Indian Economy National Financial Institutions NFIs

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August 16, 2018

CFA Admin

Statement on the Withdrawal of FRDI Bill

Public Statement | August 16, 2018 A Battle Won, The War Looms at Large: Statement on the Withdrawal of Financial Resolution and Deposit Insurance Bill A Joint Statement On 7th August 2018, a year after its introduction, the BJP government withdrew the Financial Resolution and Deposit Insurance (FR...

Statements

Article

February 7, 2020

CFA Admin

Modi Government Wrecking Public Sector Banks and the Indian Economy

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 India have gone cashless, bringing back nightmares of the cash crunch during demonetisation. ...

Demonetisation Finance Fintech FRDI Indian Economy National Financial Institutions NPAs Statements

Article

March 30, 2018

Priya Dharshini

A False Debate on the Frauds and Regulations in Public Sector Banks

The war of words between the Finance Minister and RBI governor has steamed up with the Arvind Subramanian, Chief Economic Advisor, jumping in the fray attacking the Urjit Patel, RBI Governor, who commented, among other things on the system of dual regulation by the finance ministry and RBI of the pu...

Blog FRDI National Financial Institutions NFIs NPAs

Article

February 7, 2020

Moumita Dutta

The Privatisation of Public Sector Banks is not a Panacea

In the aftermath of the Rs. 12,000 crore fraud perpetrated by Nirav Modi, the critics of the Indian Banking system has launched into a fresh debate on the ownership structure of India’s Public Sector banks. People like former Arvind Panagariya, NITI Aayog Vice-Chairman, Viral Acharya, Deputy Governo...

Blog Finance FRDI Indian Economy National Financial Institutions NFIs NPAs

Article

March 11, 2026

CFA Admin

We need to Talk about Corporate Accountability

Criticizing the people advocating privatization of the Public Sector Banks, Meera Nangia, Prof of Commerce, Delhi University, remarked, “We need to talk about Corporate Accountability and not just the accountability of Public Sector Banks.” We are not questioning the work ethics of corporates and th...

Finance NPAs Videos

Video

March 11, 2026

CFA Admin

RBI is also Responsible for the Nirav Modi Scam: Moumita Dutta, AIBOC

Moumita Dutta, Joint Secretary, AIBOC, highlighted that RBI was also responsible for the scam. She asked, “What is the need of LoUs by RBI when the Buyer Credit already exists?” Emphasising that the Banks need to undergo several audits every year. She argued that the 11,000 crores cannot be given wi...

National Financial Institutions NPAs Videos

Video

March 11, 2026

CFA Admin

Banking Sector Crisis is a Part of Larger Mess: Nilotpal Basu

Nilotpal Basu of the Communist Party of India Marxist CPI(M) said that the crisis one is witnessing in the banking sector is a part of the larger crisis the country is facing on multiple fronts. He was speaking at the public meeting titled ‘Crisis in the Banking Sector: Who Stole? Who Pays?,’ which ...

Indian Economy NPAs Videos

Video

March 11, 2026

CFA Admin

India is Becoming a Nation of Defaulters: Mohan Guruswamy

“India is becoming a nation of defaulters! Why do defaulters get to buy new companies and new deals?” policy analyst Mohan Guruswamy asked at the public meeting titled ‘Crisis in the Banking Sector: Who Stole? Who Pays?’. https://www.facebook.com/mediacollective2011/videos/1821485421257605/ ...

NPAs Videos

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March 11, 2026

CFA Admin

Ravish Kumar Explains How The Banking System Functions

NDTV India’s multi-part series explained the inside of India’s banking system. This episode takes a hard look at the infrastructure, work pressure, cross-selling, and debate on the privatisation. ...

Videos

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Repeal FRDI

Road Paved for FRDI 2.0

Statement on the Withdrawal of FRDI Bill

Modi Government Wrecking Public Sector Banks and the Indian Economy

A False Debate on the Frauds and Regulations in Public Sector Banks

The Privatisation of Public Sector Banks is not a Panacea

We need to Talk about Corporate Accountability

RBI is also Responsible for the Nirav Modi Scam: Moumita Dutta, AIBOC

Banking Sector Crisis is a Part of Larger Mess: Nilotpal Basu

India is Becoming a Nation of Defaulters: Mohan Guruswamy

Ravish Kumar Explains How The Banking System Functions

Road Paved for FRDI 2.0

Statement on the Withdrawal of FRDI Bill

Modi Government Wrecking Public Sector Banks and the Indian Economy

A False Debate on the Frauds and Regulations in Public Sector Banks

The Privatisation of Public Sector Banks is not a Panacea

We need to Talk about Corporate Accountability

RBI is also Responsible for the Nirav Modi Scam: Moumita Dutta, AIBOC

Banking Sector Crisis is a Part of Larger Mess: Nilotpal Basu

India is Becoming a Nation of Defaulters: Mohan Guruswamy

Ravish Kumar Explains How The Banking System Functions