In recent months, there have been several reports on platform workers demanding greater worker rights in India.
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In recent months, there have been several reports on platform workers demanding greater worker rights in India.
Complex financial instruments and products can help consumers to meet their precise financial needs even if they are opaque in their design details due to the underlying mathematical principles. Regulators need to understand that restricting complexity in design is not in the best interests of the consumer.
Offering affordable derivative products that will help them hedge against price and weather risks is vital
Providing a human interface at crucial touch points such consent, disclosure, and grievance redressal will allow for trust in fintech to rise, driving financial inclusion
It is an important tool for agrarian families to manage and mitigate their risks
The RBI’s Scale Based Regulation (SBR): A Revised Regulatory Framework for NBFCs mandates a Core Banking Solution (CBS) for all NBFCs with more than 10 branches
The pandemic-led economic crisis has exacerbated the rising indebtedness among India's poor households, and could push more families into a debt trap
There is an urgent need to make formal financial services more flexible, and customer centric, in order to increase its usability
A new framework for monitoring credit markets for over-indebtedness
he microfinance movement in India is set to receive another dose of impetus with the Reserve Bank of India’s (RBI) recently released Consultative Document on Regulation of Microfinance in June 2021. Following the Malegam Committee Report, which is a decade old now, the current document looks to reassess and realign the priorities of the sector.
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