Independent Research and Policy Advocacy

Who will pay for the payments plumbing?

What will it take to make payments universal in India with a ratio closer to one point for every 100 citizens and importantly, who will pay for creating this infrastructure?

Big concerns over small loans

The recent controversy surrounding the microfinance sector has entirely eclipsed the fact that it is the first effort in India to have delivered financial services to remote corners of the country in a self-sustaining manner.

The Local Touch: Financial Inclusion – ET Article

With a vast majority of the Indian population living in the rural hinterland, its economy and growth are linked to developmental efforts. Crucial to this is in ensuring that the fruits of financial inclusion reaches their doorstep.

Finance as Noise-Cancelling Headphones

Finance is a tool that, when it works well, is designed to help an individual or a firm move resources smoothly across time and across different states of their lives (such as good health and ill health).

Don’t reject structured finance

The term “originate to distribute” (OTD), though seldom heard in financial jargon, is increasingly gaining currency, especially in the financial systems of the West. The OTD model is a widely practised variation of traditional financial intermediation. In the traditional model, a financial intermediary (FI), often a bank, originates a loan and holds it on its […]