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Tag: debt waiver of PSU Banks

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
Rakesh Jhunjhunwala, the share market's prospects and IBC's failure

Rakesh Jhunjhunwala, the share market’s prospects and IBC’s failure

Reading Time: 3 minutes Rakesh Jhunjhunwala asserted that investors shouldn’t be swayed by the inflation. Given the worsening NPA situation of the PSBs, can the markets stay safe?

Tue, Jun 22 2021Tue, Jun 22 2021 Tanmoy Ibrahim Economy
Privatisation: A doomed attempt to provide oxygen to crisis-ridden capitalism

Privatisation: A doomed attempt to provide oxygen to crisis-ridden capitalism

Reading Time: 5 minutes The privatisation of public sector undertakings by the Modi regime is a frantic attempt to revive crisis-ridden capitalism with free oxygen. It won’t help.

Fri, Jul 03 2020Fri, Jul 03 2020 Sankha S Biswas 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
Nirav Modi - the scammer who looted PNB

The Jewel Thief: Analysing the PNB Scam by Nirav Modi & Co.

Reading Time: 7 minutes Last week, a shocked India confronted a gigantic banking scam, unprecedented in terms of magnitude and methods employed. A big comprador and crony capitalist, Nirav Modi, who owns a large […]

Sun, Feb 18 2018 Tanmoy Ibrahim Economy
Arun Jaitley peddles lies worth ₹10 trillion to dupe people

Arun Jaitley Made ₹10 Trillion Worth Hoax Promise

Reading Time: 5 minutes Narendra Modi government announced a ₹10 trillion investment to revive the economy, out of which ₹7 trillion will be spent in building infrastructure, especially 83,677 km of roads and highways […]

Wed, Oct 25 2017Mon, Nov 06 2017 Tanmoy Ibrahim Economy

Corporates Looted Rs 1 lac crore from PSU Banks

Reading Time: 4 minutes (This article was first published in September 2015 in the previous version of People’s Review. Due to an incident of hacking the old website was pulled down and we could […]

Sat, Nov 26 2016 Tanmoy Ibrahim Archive Articles, Economy
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