Publication: Dvara Research

“Why did I migrate? Because it’s a question of my survival, my family’s survival” – Mogji Meena, Limdi Village, Aaspur Block, Dungarpur District, Rajasthan

The Indian financial sector is poised for sweeping changes to traditional models and we look to embrace game-changing developments in institutional form and digital infrastructure.

In this blog post we interview Elisabeth Rhyne, MD, Center for Financial Inclusion, Accion, and co-author of the recently published study “A Change in Behavior: Innovations in Financial Capability”.

This post is the next in the credit depth series. While the previous post covered trends in Credit-to-GDP variable for the districts of Tamil Nadu, this post will elucidate trends related to Compounded Annual Growth Rate (CAGR, henceforth referred to as growth rate)1 of Credit, Gross State Domestic Product (GSDP) and Credit-to-GDP variables.

Last week, the leadership team of the IFMR Group had an opportunity to visit Kenya and among other things, it was a fantastic opportunity for us to get a sense of the trajectory of Kenya’s financial sector development relative to ours in India.

In a recent interview with The Hindu Business Line, Sucharita Mukherjee, CEO, IFMR Holdings, talks about our wealth management approach and why is it at the heart of our financial services offering.

As part of IFMR Finance Foundation’s Financial Deepening & Household Finance Research Initiative, the National Stock Exchange & IFMR Finance Foundation recently hosted a two-day Inaugural Conference in Mumbai to present the results of the collaborative research effort underway and to obtain feedback on it.

In the previous blog posts of this series, we had outlined that the various aspects of financial development like depth (Credit to Gross Domestic Product (GDP) ratios), and access (per cent of population with bank accounts in urban and rural areas, and distribution of payment access points per 10,000 eligible persons) vary not only between Indian states, but also considerably between different districts.

As part of our coverage on the recently held knowledge management sessions at our office, in this post we share video from a session on “Financial Access for Persons with Disabilities – Current Status and Challenges”.

We recently hosted a series of knowledge management sessions at our office, as part of which we had invited Richa Roy of AZB & Partners as one of the speakers.