Miscellaneous

Anticipating the function and impact of India's new personal insolvency and bankruptcy regime - A Youtube Video

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.

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”

The National Stock Exchange, India and IFMR Finance Foundation are delighted to announce a joint call for research proposals, under the “NSE-IFF Financial Deepening and Household Finance Research Initiative” for the years 2014-15.

On January 7th, 2014 the RBI published the Report of the Committee on Comprehensive Financial Services (CCFS) for Small Businesses and Low Income Households chaired by Dr. Nachiket Mor, which was set-up to articulate a framework for financial inclusion in India.

This note highlights the need for active and deep debt capital markets, both fixed income and derivative markets in India.

This note assesses the state of the Indian banking system including its small overall size and high concentration risk, poor indicators of financial inclusion and depth, opaque balance sheets, weak profitability, and highly covariant strategies followed by government-owned banks.

The principal goal of this conference series is to create a platform to discuss issues of significant importance to the future of the Indian financial system that interested researchers in India as well as elsewhere can start to explore and present solutions for.

Mr N Vaghul, chairman emeritus of ICICI Bank, recently delivered the Talwar Memorial Lecture on the topic “The Future of Finance in India”.

In this paper, we present two stylized models of the financial system. We make the case that in order to realize the potential of a well-functioning complete financial market, financial system designers and financial service providers will need to think about ways to deliver financial propositions that are customized to individual households by responding to their unique circumstances.