{"id":73006,"date":"2019-10-23T11:30:04","date_gmt":"2019-10-23T11:30:04","guid":{"rendered":"http:\/\/blastingskyhawk.com\/?p=73006"},"modified":"2019-10-23T11:30:05","modified_gmt":"2019-10-23T11:30:05","slug":"nobel-laureate-banerjee-flags-concerns-over-banking-crisis","status":"publish","type":"post","link":"https:\/\/blastingskyhawk.com\/english\/nobel-laureate-banerjee-flags-concerns-over-banking-crisis\/","title":{"rendered":"Nobel laureate Banerjee flags concerns over banking crisis"},"content":{"rendered":"\n<p>Nobel laureate Abhijit Banerjee today flagged concerns about banking crisis in India and called for aggressive changes to deal with the situation.<\/p>\n\n\n\n<p>He said there is need to bring down stake of the government to below 50% in banks so that the decisions are taken without fear of Central Vigilance Commission.<\/p>\n\n\n\n<p>The banking system has been afflicted by the scourge of high NPAs for nearly five years now, which has led to net worth erosion and discovery of scams in the sector, with the PMC scam being the new addition.<\/p>\n\n\n\n<p>Earlier in August, Central Vigilance Commission had constituted Advisory Board for Banking Frauds headed by former Vigilance Commissioner TM Bhasin to examine bank fraud over Rs 50 crore and recommend action.<\/p>\n<!-- AddThis Advanced Settings generic via filter on the_content --><!-- AddThis Share Buttons generic via filter on the_content -->","protected":false},"excerpt":{"rendered":"<p>Nobel laureate Abhijit Banerjee today flagged concerns about banking crisis in India and called for aggressive changes to deal with the situation. He said there is need to bring down stake of the government to below 50% in banks so that the decisions are taken without fear of Central Vigilance Commission. The banking system has [&hellip;]<!-- AddThis Advanced Settings generic via filter on get_the_excerpt --><!-- AddThis Share Buttons generic via filter on get_the_excerpt --><\/p>\n","protected":false},"author":1,"featured_media":73007,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"inline_featured_image":false,"footnotes":""},"categories":[410],"tags":[],"class_list":["post-73006","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business"],"_links":{"self":[{"href":"https:\/\/blastingskyhawk.com\/english\/wp-json\/wp\/v2\/posts\/73006","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/blastingskyhawk.com\/english\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/blastingskyhawk.com\/english\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/blastingskyhawk.com\/english\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/blastingskyhawk.com\/english\/wp-json\/wp\/v2\/comments?post=73006"}],"version-history":[{"count":1,"href":"https:\/\/blastingskyhawk.com\/english\/wp-json\/wp\/v2\/posts\/73006\/revisions"}],"predecessor-version":[{"id":73008,"href":"https:\/\/blastingskyhawk.com\/english\/wp-json\/wp\/v2\/posts\/73006\/revisions\/73008"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/blastingskyhawk.com\/english\/wp-json\/wp\/v2\/media\/73007"}],"wp:attachment":[{"href":"https:\/\/blastingskyhawk.com\/english\/wp-json\/wp\/v2\/media?parent=73006"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/blastingskyhawk.com\/english\/wp-json\/wp\/v2\/categories?post=73006"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/blastingskyhawk.com\/english\/wp-json\/wp\/v2\/tags?post=73006"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}