It is not often that the Supreme Court of India becomes disgruntled by the death of a buffalo. In September 2012, the highest court of the land found itself in just this situation following the death of an insured animal.

Loan repayment behaviour differs across asset classes based on borrower profile, purpose of loan, geography and nature of security, if any.

Yesterday, the RBI announced in-principle Payment Bank licenses for eleven applicants. To put things in perspective, there were two new bank licenses in the last decade.

I am writing from Thatyur village in Theri district, Jaunour block - about 3.5 hours north of Dehradun in Uttarakhand, India.

Our mission to “ensure that every individual and every enterprise has complete access to financial services” took a significant step forward with an equity investment of US$ 25 million in IFMR Holdings by Accion, a financial inclusion pioneer, LeapFrog Investments, a specialist investor in emerging-market financial services, and Lok Capital, an Indian impact investment firm. IFMR Trust is the promoter and remains the majority shareholder of the company.

In the previous post of the blog series on financial depth, we attempted to understand the nature of the relationship between financial depth and economic growth.

This is the first post in our blog series on the concept of financial depth and the various methods to measure it. The introductory post summarizes the literature pertaining to the significance of financial depth.

The post focuses on the specific differences in client’s response to various aspects and attributes of micro-lending principles and practice, in rural and urban areas. It is based on observations* from the field visits done as part of our regular monitoring visits

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.