Independent Research and Policy Advocacy

Effect of IFRS on Banks & NBFCs

Recently, I had the opportunity to attend a discussion on International Financial Reporting Standards (IFRS)  which was attended by chartered accountants and key financial stakeholders.

Listing of Securitised Debt Instruments

In a move aimed at developing the secondary market for securitised debt instruments, SEBI has released a Listing Agreement for such instruments and directed the exchanges to do the needful to enable listing of securitised debt instruments.

Micro-realities of financial inclusion

It is now well-accepted that the power of financial services to the customer, particularly low-income households, is realised only through the availability of a broad range of services, and not just through small loans or opening bank accounts.

Debt funding options for micro-banking service providers

In the wake of recent reports of dramatic decline in the availability of capital, microfinance service providers struggling to keep afloat, and the recent proposal by the finance minister to create a dedicated fund for providing equity to smaller MFIs

Access to Micro-Savings for Remote Rural India

Rural households need relatively large sums of money for life cycle needs (such as marriages, festivals and old age), emergencies (such as illness, the death of a bread-winner and floods) and investment opportunities (as much in assets and household goods, for example, as in investments in micro-businesses)i .