International remittance for rural India
Remittances are the second largest source of funding for developing countries, contributing more than capital flows and development assistance.
Functional Perspective of Financial Systems – An Introduction
In a stylised sense, there are two fundamentally different perspectives for analysis of financial systems.
Simple products not always best
A common refrain that one hears in the context of financial services for low-income households is the importance of “keeping it simple”.
Reforming the Regulatory Architecture of India’s Financial System – What do the committees have to say?
[This post is the fourth in a series on the theme “regulatory architecture of India’s financial system”. IFMR Blog will continue to feature this theme till the third week of June.]
Challenge of financing SMEs
India is home to about 26 million small enterprises (with investments less than 50 million) that account for about 20 per cent of the country’s GDP .
The financial regulatory architecture of Australia: Lessons for India
[This article is the third in a series of posts on the theme “Regulatory architecture of India’s financial system”. IFMR Blog will continue to feature this theme through the next two weeks.]
“We need to design a financial regulatory architecture that serves the people and the economy of India”
What is the state of financial regulatory architecture in India? Is the regulatory architecture optimal for the modern financial system that the Indian economy needs?
No money to govern rural India
In India, gram panchayats (GPs) were given constitutional legitimacy following the passage of the 73rd Constitutional Amendment Act, which was meant to decentralise power and responsibility to them to improve local public service delivery and governance.
Regulatory Architecture of India’s Financial System
It is happening again – regulators debating openly to clarify their turfs. This time it is PFRDA Vs. IRDA for regulation of pension products offered by insurance companies,
Response to RBI’s discussion paper on Deregulation of Savings Bank Deposit Rate
We think that the Indian economy is ripe for deregulation of savings rate. The recent monetary
policy released by the RBI highlights that the Indian economy may experience a slow growth over
this year, given an inflation focused tightening of the monetary policy.
