Financial inclusion is not a new goal for India and it has always been the stated aim of financial sector policy to seek to include four critical segments: project finance, small and medium enterprises, low-income households and farmers.

The Committee to Review Implementation of Informal Sector Pension (CRIISP) recently released their report focusing on National Pension Scheme (NPS), its design architecture, its performance till date and recommendations for increasing outreach and awareness about the product

ICRA and CRISIL have upgraded the ratings assigned to the Senior Pass Through Certificates (PTCs) and Assignee Payouts pertaining to three transactions backed by micro loan pool receivables originated by Grama Vidiyal Microfinance Limited (GVMFL) and two transactions backed by micro loan pool receivables

[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.]

IFMR Rural Finance has been appointed as one of the first Interested Non-Governmental Agencies (INGA) by the Ministry of Labour and Employment, Government of India, to participate in its Rashtriya Swastya Bima Yojana (RSBY).

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,

Financial inclusion is as much about convenient channels of delivery as it is about appropriate products.

The Technology Advisory Group for Unique Projects (TAGUP), which was set up by the Ministry of Finance in June 2010 under the chairmanship of UIDAI Chairman, Nandan Nilekani, recently submitted its report to the Government of India.

The Malegam Committee’s (referred to hereinafter as the “Committee”) recommendations to increase the supervisory capacity of the RBI, to make MFI regulation consistent at the national level, to promote good corporate governance and to increase bank lending to MFIs are welcome.

Efforts to promote financial inclusion achieved momentum in the country with the RBI guidelines in January 2006, allowing appointment of non-bank Business Correspondents (BC) as agents for the delivery of financial services outside bank branches.