Financial Accountability Network – India
Striving to Make Financial Institutions Accountable
Bank Nationalization Day: In Defense of Public Sector Banks statement warning against the privatization of banks Stop Privatisation! Democratise Banking! New Delhi, July 19, 2021: 19th of July is marked as the bank nationalisation day, recognising the historical decision of the Indira Gandhi government to take control of…
There are several factors which play an important role in determining the relationship between banks and their customers. One of the most important amongst them is what services banks provide and how they deliver it to their customers which can facilitate the best to their financial needs. Banks were nationalised…
In a “public statement”, the advocacy group Financial Accountability Network India, New Delhi, has said that the Yes Bank debacle exposes the Reserve Bank of India (RBI) “failure”, insisting on the need to hold those responsible for the debacle “accountable” and move towards “nationalising” private banks. Endorsed by 30 academics…
For Immediate Release Strengthen Public Sector Banks! Bring Focus Back to Mass Banking! July 20, 2019: On the golden jubilee year of nationalisation of the banks, Financial Accountability Network India commends the Public Sector Banks (PSBs) for their service for the past five decades. The role of the nationalised banks…
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