Central to the debate on access to finance for India, is the question of the most appropriate channel for credit delivery. Credit intermediation has traditionally been the stronghold of banks, driven by policy mandates and regulatory backing.
Why does consumer protection assume so much more significance in financial services, more so than perhaps for other services? Financial services don’t have fixed characteristics.
Financial Sector Legislative Reforms Commission (FSLRC) was set up by the Indian Government in 2011 with a mandate to help rewrite and harmonize financial sector legislation, rules and regulations. On March 22nd 2013 it released its final report and the draft law.
The Task Force on Credit Related Issues of Farmers, chaired by Umesh Chandra Sarangi, in its report submitted to the Ministry of Agriculture, Government of India,
The revenue share between state governments and ULBs is determined by the State Finance Commissions (SFCs) which are set up by state governments every 5 years. In essence, the mandate of the SFC is to determine:
The book is an edited compilation of articles that focus on using financial engineering a multidisciplinary field that uses technical methods from the fields of finance, mathematics and
Continuing our Municipal Finance blog series on the Financing Small Cities blog, in this two-part series we look at the Karnataka Municipalities Act, 1964, which is the enabling legislation for the 74th Constitutional Amendment Act in Karnataka.
What does the asset allocation look like for people living in remote rural India (villages with less than 5000 population)?
Over 2006-12, RBI and SEBI have created a strong and conducive regulatory environment for securitisation, listing of securitised debt instruments, and standards of transparency and reporting. Securitisation volumes have picked up and we recently witnessed the first listed transaction. In October 2011, the income tax authorities issued a claim on certain securitisation special purpose vehicles […]
Columbia Business School has developed a case study documenting the background and the story behind the launch of IFMR Trust Pioneer II, the first rated microfinance securitization transaction to be placed with the capital market investors.
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