From Periodic to Perpetual – Rethinking the process of KYC
This blog is based on the recent uptake in conversations on the reformation of the know-your-customer (KYC) process in the financial sector. We find the periodicity of the current KYC system to be of concern for various reasons. The periodic updates of KYC present a burden on the customer to validate themselves every few years, failing which they are at risk of being excluded from the financial system.
Assessing the Borrower-Level Impact of the Insolvency and Bankruptcy Code: A Study of the Fresh Start Process
This paper focuses on Part III of the IBC, which deals with natural persons, proprietorships, and personal guarantors for corporate debt.
Policy Research vs Academic Research
The two worlds of policy research and academic research (in economics) sometimes do intersect, but for the most part, they appear to me to be quite different arenas of inquiry, with different epistemologies and types of truth claims. This blog is about those differences as I see them, having worked in both domains.
Financing the Unseen: Blended Finance for Nano Enterprises
The objective of this blog is to articulate the scope and relevance of various blended finance instruments in advancing access to suitable credit for nano entrepreneurs.
Understanding CMIE-CPHS Data: A handbook
This document offers a guide to understanding and using CPHS data, focusing on its stratified multi-stage sampling design, weighting methodology, and operationalisation in statistical analysis.
Credit Demand of FPOs – A Credit Market Estimation Exercise
This article aims to provide a preliminary estimate of the credit requirements of FPOs, drawing on the experience of professionals who have been closely associated with FPOs for several years in their development and operations.
Towards Customer-Centric KYC: RBI’s 2025 Amendments from a Financial Inclusion Lens
In this blog post, we analyse the changes in the direction and weigh them through the lens of customer protection and long-term sustainability. We also offer suggestions on streamlining the KYC updation (re-KYC) exercise without adding to systemic risks.
Response to the Department of Post’s DHRUVA Policy Document
In this document, we present our response to the policy document on DHRUVA (Digital Hub for Reference and Unique Virtual Address): The Digital Address DPI, hereafter referred to as the ‘policy document’, published by the Department of Posts in May 2025.
Comments to the Consultation Paper on Guidelines for Responsible Usage of AI/ML In Indian Securities Markets, dated 20 June 2025
The Consultation Paper sets out the landscape of use cases of AI prevalent in the Indian Securities Market.
In-Pro: Quarterly Dispatch on Financial Inclusion & Social Protection
IN FOCUS: FINANCIAL LIVES OF POOR HOUSEHOLDS 5 min read Arun and his family live in a rural town in Odisha. He is the sole income earner of his family. Arun is a part- time small holding farmer. He also works as an agri- labourer on his neighbour’s farm to support his family’s expenses. For […]
