A well-functioning and resilient financial system needs a good mix of institutions that collectively meet the financial intermediation needs of the country, be it individuals, households, businesses, sectors and local governments, while simultaneously enhancing the stability of the system as a whole.
Head - Financial Systems Design
Research Associate
Research Associate
We think that the Indian economy is ripe for deregulation of savings rate. The recent monetary policy released by the RBI highlights that the Indian economy may experience a slow growth over this year, given an inflation focused tightening of the monetary policy.
G E Balajee, IFMR Blog Team in conversation with Abhishek Sinha, CEO, Eko India Financial Services Private Limited on the Business Correspondent model, its challenges and prospect.
Recently, we flagged off our new blog series on financing options for non-bank originators with our first post that explored debt-funding options in some depth.
In a move aimed at developing the secondary market for securitised debt instruments, SEBI has released a Listing Agreement for such instruments and directed the exchanges to do the needful to enable listing of securitised debt instruments.
Does the RBI's claim to regulate NBFC (MFIs) have more merit than Federal state governments' claims? An analysis of constitutional provisions by Vishnu Peri, IFMR Mezzanine Finance.
[The author is an independent columnist. This article is a reproduction of his column from The Telegraph]
The AP microfinance crisis has raised significant questions on the design of the financial system that best ensures inclusion. The crisis has revealed deep discomfort with the regulation of Non-Deposit taking Institutions (NDI). Some observers have equated NDIs to moneylenders.
In what could become a welcome trend, the RBI has started putting out detailed discussion notes on future policy steps.
Third in the series of articles in The Hindu Business Line, Puneet Gupta and Jayshree Venkatesan of IFMR Mezzanine Finance write about some of the barriers to accessing finance.
Recently, CRISIL has revised the rating of the senior and subordinated securities issued by Pioneer III - a pool securitised by Grameen Financial Services – to AAA(so) and A(so) respectively.
In all our research efforts, we strive to maintain an independent voice that speaks for the low-income household and household enterprises. Our ability to perform this function is significantly enhanced by our commitment to disseminate as a pure public good, all the intellectual capital that we create.
