Niche banking in India: Draft Guidelines for Payments Banks
The Committee on Comprehensive Financial Services for Small Businesses and Low Income Households recommended developing a vertically differentiated banking structure, in which banks specialise in one or more of three functions- payments, credit delivery and retail deposit taking.
Building a Ubiquitous Electronic Payments Network and Universal Access to Savings – Part II
Continuing from an earlier post, this post highlights the CCFS recommendations around various bank and non-bank channels that will serve to deliver a ubiquitous payments network and universal access to savings.
Shadow banking as the symptom and not the disease
A friend pointed me to an interesting new book recently, “Inside China’s Shadow Banking: the Next Subprime Crisis”. This is written by an investment banker turned shadow banker, Joe Zhang.
Correspondent Banking in Brazil
Olympia A. De Castro from IFMR Capital gave us an insight on the correspondent banking model in Brazil that led to some interesting comparison debates with the Indian model.
