Exploring the Phenomenon of Debt Distress and Possible Solutions
This chapter emphasises the realities of the sector that create a feedback loop, where lenders are incentivised to over-lend and borrowers to over-borrow, until crisis intervenes as a necessary and often tragic correction
Let’s not conflate microfinance with self-help-group financing
The microfinance industry has witnessed moves by the Reserve Bank of India (RBI) to revise the regulatory framework (March 2022) for it and also caution it against an exclusive focus on business growth (November 2022).
De-Risking Lenders, Safeguarding Borrowers: A Case for Commodity Derivatives
In this post, we discuss the market & regulatory barriers that prevent most farmers, banks & NBFCs from participating in the commodity derivatives market
Determining Optimal Credit Allocation at a District Level
In this paper, we attempt to develop a granular understanding of the relationship between
credit (as measured by total bank credit outstanding in a district) and economic growth (as
measured by Gross District Domestic Product) for 32 districts of Tamil Nadu
