Financial Systems Design

Comparing regulatory approaches that CRAs are subjected to across India, the US and EU.

The new regime must be one that can hold all entities to a common standard of institutional conduct in how they deal with the individual customer, including how they sell products.

Recommendations that financial sector regulators can consider applying on regulated financial services providers in order to improve outcomes for households and enterprises.

Without focus by regulators on mis-sale, we put confidence of retail customers at risk

India is a bank-dominated financial system with most of the financial assets belonging to the banking sector.

This Note has been prepared for regulated lending institutions who are in the business of offering small-ticket short-term unsecured loans with equated monthly or weekly repayment schedules, to low-income individuals and households in India.

The objectives of sustainable businesses are well-aligned with ensuring the financial health of households, and this holds true for all types of lending businesses.

Summary of process innovations aimed at addressing concerns of household over-indebtedness and the subsequent stress experienced by members of the household.

Proceeds from the Suitability Workshop in Mumbai, Oct 2018.

Several studies have found that the Indian banking sector, while having a large number of players, has monopolistic competition.