We produce blogs to discuss new research findings, ongoing projects, and even personal reflections on the research process. Our blogs are written for a variety of audiences, including other researchers, policymakers, practitioners, financial service providers, grassroots organizations, impact investors and the public. The format is simple and easy to grasp. The language is straightforward, and the tone is non-academic. Our blogs can be of varying lengths. We choose to write a blog when we don’t want to do a full- fledged study or follow a rigorous research process. Blogs may contain opinions and they can also be based on experiences. Some of our blogs may just share some observations, learnings, or challenges.
Over 2006-12, RBI and SEBI have created a strong and conducive regulatory environment for securitisation, listing of securitised debt instruments, and standards of transparency and reporting. Securitisation volumes have picked up and we recently witnessed the first listed transaction. In October 2011, the income tax authorities issued a claim on certain securitisation special purpose vehicles […]
We have presented Suitability as the paradigm of choice for India’s financial system and have put forward the idea of Suitability as a board-approved process that each financial services provider develops and adheres to across all functions of the firm.
Continuing our blog series on Municipal Finance in India, in this two-part series we provide a brief overview of the Jawaharlal Nehru Urban Renewal Mission (JNNURM).
Economists have long recognized the special role of Government Debt (and the market where it trades) in the economy of a country.
Continuing our analysis of International Unemployment Support schemes, we now discuss designs in three South American countries: Argentina, Chile and Brazil.
In July 2012, RBI set up the Expert Committee under the Chairmanship of Dr.Prakash Bakshi, Chairman, NABARD, to examine the Three-Tier Short Term Cooperative Credit Structure (STCCS) in India.
Continuing our blog series on Municipal Finance in India, in this two-part series we review the Report on Indian Urban Infrastructure and Services (2011).
The absence of secondary markets for corporate bonds in India is arguably the single most important reason for this market not seeing the kind of growth one would expect.
I was recently made aware of a fascinating speech2 on this topic given by Mr. V. K. Sharma (ED, RBI) in Mumbai on November 8th, 2012.
In India, rice and wheat comprise 70 percent of agricultural produce by area, but less than 25 percent by value.
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.
