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Tag: Bank Privatisation

PSBs gift corporates freedom from debts worth Rs 4.37 trillion during 2018-20

PSBs gift corporates freedom from debts worth Rs 4.37 trillion during 2018-20

Reading Time: 4 minutes India’s public sector banks collectively wrote-off Rs 4.37 trillion-worth non-performing assets between April 2018 and December 2020, benefitting corporates.

Sun, Aug 15 2021Sun, Aug 15 2021 Tanmoy Ibrahim Economy
UFBU's bank strike success shows employees' anger against privatisation

UFBU’s bank strike success shows employees’ anger against privatisation

Reading Time: 3 minutes UFBU’s two-day-long bank strike on March 15th and 16th 2021 showed the bank employees’ vehement opposition to Modi’s privatisation agenda

Tue, Mar 16 2021Tue, Apr 06 2021 Tanmoy Ibrahim Economy
Yes Bank crisis

Yes Bank crisis exposed how NPAs are hastening the fall of private banks too

Reading Time: 4 minutes The Yes Bank crisis that drove thousands to uncertainty, proved once more that the private sector banks aren’t immune from NPA-driven major financial crisis

Fri, Mar 06 2020Fri, Mar 06 2020 Tanmoy Ibrahim Economy
Resist public sector bank privatisation through mergers to save the economy

Resist public sector bank privatisation through mergers to save the economy

Reading Time: 7 minutes Nirmala Sitharaman’s decision to merge 10 public sector banks into four big banks is actually a step towards their privatisation, which must be resisted.

Tue, Sep 10 2019Tue, Sep 10 2019 Tanmoy Ibrahim Economy
Resistance to Modi's "big bang reform" plan is imperative to save the poor and India

Resistance to Modi’s “big bang reform” plan is imperative to save the poor and India

Reading Time: 7 minutes Modi’s attempt to sell off India, its resources and labour to foreign and domestic corporations under the garb of “big bang reforms” must be resisted by all

Sun, Jun 09 2019Sun, Jun 09 2019 Tanmoy Ibrahim Economy
Assocham demands privatisation of public sector banks to prevent scams

Cat to Guard Fish: Assocham Demand of PSU Bank Privatisation

Reading Time: 5 minutes It’s not yet a week that the ₹11,400 crore worth PNB scam involving Nirav Modi and Mehul Choksi, two close aides of the Narendra Modi-led BJP government, became public, Assocham, […]

Sun, Feb 18 2018 Tanmoy Ibrahim Economy
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