Strengthening Rural Lending
The development of
critical complementary
infrastructure for customer
data
Towards a Suitability-based Customer Protection Regime in India
The current regulatory approach to customer protection in India can be divided into two complementary ex-ante approaches- mandated information disclosure, and financial literacy and education.
A greater role for Development Finance Institutions
The Committee on Comprehensive Financial Services for Small Businesses and Low Income Households (CCFS) seeks the creation of an ecosystem of different types of institutions, each with their choice of specialisation such that there would be multiple partnerships between these specialists.
Building a Ubiquitous Electronic Payments Network and Universal Access to Savings – Part II
Continuing from an earlier post, this post highlights the CCFS recommendations around various bank and non-bank channels that will serve to deliver a ubiquitous payments network and universal access to savings.
The Practice of PPP in Urban Infrastructure
The recently released volume on urbanisation titled “Urbanisation in India” edited by Dr. Isher Ahluwalia, Dr. Ravi Kanbur and Dr. P. K. Mohanty, contains a chapter authored by Vikram Kapur, Commissioner of Chennai, and me, dealing with the practice of Public Private Partnerships (PPPs) in urban infrastructure in India.
Building a Ubiquitous Electronic Payments Network and Universal Access to Savings – Part I
The Committee on Comprehensive Financial Services for Small Businesses and Low Income Households (CCFS) envisions the following:
By January 1, 2016 each Indian resident, above the age of 18 years, would have an individual, full-service, safe, and secure electronic bank account.
In Conversation on Urbanisation with Dr. Shlomo Angel
In a three-part interview series Vishnu Prasad of IFMR Finance Foundation speaks with Dr. Shlomo (Solly) Angel, adjunct professor at NYU and senior research scholar at the NYU Stern Urbanization Project, about India’s urban housing crisis, urban governance challenges in India, the enduring legacy of the Oregon experiment, Making Room Paradigm and his personal experiences with participatory planning in Bangkok.
CCFS Recommendations on Credit Delivery – Part 2
The CCFS recommendations pertaining to national full-service banks and regional banks have been covered in our previous post. Unlike these deposit-taking institutions, the third category of institutions, namely, RBI-regulated Non-Banking Financial Companies are not involved in taking public retail deposits and are primarily focussed on credit delivery and therefore supplement the bank-led channels for credit delivery.
CCFS Recommendations on Credit Delivery – Part 1
The RBI Committee on Comprehensive Financial Services for Small Businesses and Low-Income Households (CCFS) lays out several recommendations to strengthen the supply side with respect to credit outreach through the banking and non-banking infrastructure that is already in place.
A Picture of India’s Financial Depth
The CCFS Report has laid out a vision for Sufficient Access to Affordable Formal Credit that places a goal of achieving a Credit to GDP ratio for each district of atleast 10% by January 1, 2016, and to cross 50% by January 1, 2020.
