Publication: Dvara Research

This is the third post in our blog series on KGFS Model Incubation.

This is the third and final post in our blog series on the Battle of Economic Ideas.

The Indian government is promoting the Jan Dhan Yojana, Aadhaar and mobile banking – or the “JAM trinity” — as the pathway to financial inclusion. But are banks capable or even willing take on their role in this ambitious agenda? Based on a field study in Chennai, this column highlights the range of costs and constraints imposed by banks on customers attempting to enter the formal financial sector.

This is the second post in our blog series on the Battle of Economic Ideas. You can read the first post here.

The power of ideas cannot be undermined. While the people and the events linked to them may wither, ideas can live for eternity.

In the previous blog post of the KGFS Model Incubation series, we drew out the implications of mapping the GDP of a branch’s service area on strategic decisions related to district selection, branch potential, product suitability and customer centricity.

In the previous post of this series on Event Risk & Loss Estimation, we discussed briefly the motivation and key modules of a framework for estimating capital against event risk.

The Finance Minister, in his budget speech for 2015-16, has announced a new defined benefit pension scheme – Atal Pension Yojanai (APY, henceforth) – for unorganised sector workers who are not covered under any statutory social security scheme.

Diversification is an effective risk mitigation strategy for portfolio risk management.

Generalized Herfindahl-Hirschman Index
to Estimate Diversity Score of a Portfolio
across Multiple Correlated Sectors