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Govt-owned banks sacrifice 74% of defaulted loans of ten firms for Adani: Congress

Govt-owned banks sacrifice 74% of defaulted loans of ten firms for Adani: Congress

Citing data from the All India Bank Employees Association (AIBEA), Congress general secretary Jairam Ramesh indicated that banks originally owed Rs. 62,000 crore from these companies and settled for only Rs. 16,000 crore post-acquisition.

5 Sept 2024 1:13 PM IST

Bank unions call RBI’s compromised settlement offer for wilful defaulters detrimental

Bank unions call RBI’s compromised settlement offer for wilful...

14 Jun 2023 12:20 PM IST

Privatising PSBs, a retrograde policy: AIBEA

Privatising PSBs, a retrograde policy: AIBEA

Fifty years after the nationalisation of banks, privatising them back is nothing but a retrograde reform, says CH...

18 March 2021 12:01 PM IST