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Newsclick Team
"Bank Mergers Will Not Solve Any Problem"
31 Aug 2019
The Indian economy is in deep crisis, the Modi Govt has belatedly acknowledged.
Bad Loans: RBI Eases Norms for Defaulting Corporates, Even As NPA Crisis Continues
08 Jun 2019
Now, it is up to the banks to drag the defaulting companies to bankruptcy court, while defaulters on working-capital loan accounts get an additional 30 days of ‘review period’ before banks are…
Newsclick Team
Daily Roundup Ep. 127: RBI’s Revised Circular on NPAs, Custodial Deaths in Delhi and More
08 Jun 2019
In Newsclick's Daily Round-Up, we look at some of the most important news stories.
Pranjal
RBI Eases Norms for NPAs: Who Will It Benefit?
08 Jun 2019
Reserve Bank of India (RBI) has issued a revised circular for the defaulting companies.
Newsclick Report
Forensic Audit Unearths Loopholes in IL&FS Books: Report
18 May 2019
Grant Thornton found numerous instances of loan evergreening and loan disbursal without securities among others.
Newsclick Report
Exposures Towards Jet Airways and IL&FS Behind Yes Bank Crisis
01 May 2019
In November last year, the RBI initiated probe into Yes Bank’s exposure towards IL&FS, Dewan Housing Finance Corp. Ltd (DHFL), Indiabulls Group, and Sudhir Valia-promoted entities Fortune…
Subodh Varma
So Many Chowkidars, Yet Look at the Scale of Loot
26 Apr 2019
Recent reports show that corporate loot of public money has hit record levels although PM Modi and his followers are going about claiming to be ‘chowkidars’ of public funds.
Abir Dasgupta
Chowkidar Hi Chor Hai Part 3: How Maharashtra Labour Minister Got Away Without Paying Back Rs 50 Crore to 2 PSBs
17 Apr 2019
As of now, Sambhaji Patil Nilangekar is thick in the cut and thrust of an election campaign in Latur, apparently entirely unaffected by this episode.
IANS
SC Nixes RBI’s Feb 12 Circular on Bad Loans as Ultra Vires
02 Apr 2019
The court verdict -- on petitions filed by power, fertiliser and sugar companies -- would have a bearing on Rs 2.2 lakh crore of bad loans.
Paranjoy Guha Thakurta
'Employee Directors Could Have Curtailed Bad Loans'
03 Mar 2019
In an interview with Newsclick, Devidas Tuljapurkar, Joint Secretary, All India Bank Employees' Association argues that the presence of employee-directors on the boards of public sector banks could…