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

March 11, 2026
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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 was organized in the wake of recent PNB fraud, rising NPAs, and the crisis being faced by the Public Sector Banks in general.

March 11, 2026
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CFA

Centre for
Financial Accountability