The Master Trainer Approach to Financial Education
In recent years there has been rising interest among financial service providers, NGOs and policymakers in educating customers and potential customers to enable them to make informed decisions on taking up and using financial products.
Revisiting the core ideas of CCFS
The Report of the Committee on Comprehensive Financial Services for Small Businesses and Low Income Households (CCFS) was submitted to the Reserve Bank of India (RBI) in January this year.
Who owns social security schemes in India? – Principles for a robust framework
This post is the third in a series on Social Security for the Indian Unorganised Sector.
MBS with an impact: Mortgage backed securitisation for affordable housing finance
In the latest edition of The Euromoney Securitisation & Structured Finance Handbook 2014/15 (published by the Euromoney Handbooks, London) Sreya Ray & Vaibhav Anand of IFMR Capital have authored a chapter on the topic of Mortgage backed securitisation for affordable housing finance.
The Great Inequality Debate
Simon Kuznets’ seminal 1955 study on income inequality is famous for the inverted ‘U’ hypothesis1 which posits that as an economy develops, inequality first increases and then decreases if a certain level of income is achieved.
Designing a Minimum Social Security Floor for the Indian Unorganised Sector
This post is the second in a series on Social Security for the Indian Unorganised Sector.
Niche banking in India: Draft Guidelines for Payments Banks
The Committee on Comprehensive Financial Services for Small Businesses and Low Income Households recommended developing a vertically differentiated banking structure, in which banks specialise in one or more of three functions- payments, credit delivery and retail deposit taking.
NBFCs can now sign up to become Business Correspondents
Removing an earlier restriction that the Reserve Bank had placed on NBFCs, the RBI today has restored the permission for non-deposit taking NBFCs (NBFC-ND) to become Business Correspondents (BCs) to commercial banks, as recommended by the Committee on Comprehensive Financial Services for Small Businesses and Low-Income Households (CCFS).
Will linking Aadhaar, India Post revolutionise banking?
Recently Bindu Ananth participated in a panel discussion as part of Network 18’s “Change India: Experiments with Big Ideas” TV series.
Local address proof no longer a hurdle for unbanked Indians
Imagine you are a labourer in a village in Odisha and have painstakingly completed your Aadhaar formalities (for which you gave a proof of permanent address and your fingerprints).
