Independent Research and Policy Advocacy

Policy Initiatives

The Future Of Finance Initiative

The Future of Finance Initiative seeks to identify and address new challenges for policy and regulation in India given the waves of digital innovation currently sweeping financial services. Our work in this initiative studies the impacts of digitisation and technological innovation in Indian finance, leading from the consumer perspective on these issues. 

Anubhutie Singh Dvara

Anubhutie Singh

Research Associate

Hasna Ashraf Dvara

Hasna Ashraf

Senior Research Associate

Manvi Khanna

Research Associate

Beni Chugh Dvara

Beni Chugh

Consultant

Our Work

March 21, 2017 | Dvara Research

In the first post of this two-part series, we tracked the explosive rise of the P2P lending market in China, which took place in the absence of any regulations.

By Varun Aggarwal
March 16, 2017 | Dvara Research

Since 2011, China’s P2P lending market has witnessed unprecedented growth. However, numerous high profile platform failures prompted the Chinese authorities to come out with a host of regulations at the end of 2016.

By Varun Aggarwal
February 16, 2017 | Dvara Research

The Future of Finance Initiative (FFI) is housed within the IFMR Finance Foundation (IFF) and aims to promote policy and regulatory strategies that protect citizens accessing finance given the sweeping changes that are reshaping retail financial services in India. Our vision is for regulation and policy to develop to support universal access for all citizens to a range of channels through which they can transact securely and confidently.

By The Future Of Finance Initiative
February 14, 2017 | Dvara Research

The innovative finance revolution : Private capital for public good

By Deepti George, Sucharita Mukherjee, Nikhil John
February 1, 2017 | Dvara Research

The Watal Committee report was released in early December to make recommendations about Digital Payments in India. The report is titled: “Medium Term Recommendations to Strengthen Digital Payments Ecosystem” This talk takes you through the highlights and lowlights of the Watal Committee report. Malavika presents some of the Committee’s rationale and thinking as set out in the text of the report and gets into the details of each of the 13 recommendations that the report made. The Report’s recommendations could have far-reaching impacts on Indian financial systems design, particularly for the regulatory architecture and the operation of payment systems in the country – including (1) the set-up of an independent “Payments Regulatory Board” within the RBI, (2) large scale amendments to the main Payments legislation, the Payment and Settlement Systems Act 2007, and (3) several measures to Government around incentivising digital payments by absorbing costs into the system.

February 1, 2017

The Watal Committee report was released to make recommendations about Digital Payments in India. The report is titled: “Medium Term Recommendations to Strengthen Digital Payments Ecosystem”

February 1, 2017 | Youtube

Law, policy and regulation for customers making digital payments: IFMR - A Youtube Video

January 12, 2017 | Dvara Research

The Future of Finance Initiative (FFI) is housed within the IFMR Finance Foundation (IFF) and aims to promote policy and regulatory strategies that protect citizens accessing finance given the sweeping changes that are reshaping retail financial services in India.

By The Future Of Finance Initiative
January 12, 2017 | Dvara Research

Shortly after Christmas last month, a press release from the Ministry of Finance on 28th December announced that the Committee on Digital Payments (chaired by Ratan P. Watal) had submitted its Report.

December 23, 2016 | Dvara Research

Earlier this week, the Secretary for the Ministry of Electronics and Information Technology (MeitY) confirmed that MeitY is set to review the legal framework for digital payments and cybersecurity

By Bhusan Jatania