Misled and Mis-sold: Financial misbehaviour in retail banks?
We use an audit methodology where auditors ask for tax saving instruments from banks and document the disclosures made on product features at the time of sale. In private sector banks with high sales incentives, the high commission product is recommended. In public sector banks, where there are deposit mobilisation targets, fixed deposits are recommended. […]
Understanding Voluntary Pension Contributions by Informal Sector Workers
Financial inclusion is a priority area in the minds of policy makers in India. The larger focus of this debate has been on access to credit and insurance.
Why the land and gold obsession of rural Indians may be entirely rational
What does the asset allocation look like for people living in remote rural India (villages with less than 5000 population)?
Including Everyone in the National Pension Scheme: Review of the CRIISP Report
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
NPS Lite: Securing Old Age Income
The announcement of National Pension System (NPS) Lite, a pension plan geared towards economically disadvantaged populations, brings hope for much needed money during non-productive years
