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Newsclick Team
India's Biggest Bank Misreports Its Bad Loans
13 Jan 2020
The problems related to reporting of non-performing assets (NPAs) of India’s banking sector show little signs of relief, with the country’s largest bank, the State Bank of India (SBI), leading the…
Newsclick Team
'FSDR Bill will Demolish Indian Banking Sector'
04 Jan 2020
It has been reported that the Narendra Modi-led BJP government is going to reintroduce the Financial Resolution and Deposit Insurance (FRDI) Bill 2017, with some modifications and renaming it as…
Newsclick Team
Crisis in Banking Sector Deepens
20 Dec 2019
The divergence in gross NPAs and the working of the Insolvency and Bankruptcy Code point towards a deepening crisis in the country’s banking sector, says Thomas Franco, former General Secretary, All…
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.