Our Response to RBI’s Consultative Document on Regulation of Microfinance
In this blog post, we present a summary of our response to the consultative document.
Financing higher education: New directions in student lending
From a student perspective, there are several challenges associated with paying for any form of higher education, which requires a greater level of commitment in terms of cost.
A Potential Regulatory Approach to Creditworthiness Assessments in Microfinance
In this post, we revisit the issue of over-indebtedness in microfinance and provide a set of suggestions to address them
Our Response to RBI’s Discussion paper on Revised Regulatory Framework for NBFCs – A Scale-Based Approach, 2021
In this blog post, we share our responses submitted to the RBI to the questions posed in the discussion paper
Regulation of information flows as Central Bank functions? Implications from the treatment of Account Aggregators by the Reserve Bank of India
This paper seeks to understand the role of the Indian Central Bank in regulating information flows through Account Aggregators. These are licensed entities exclusively dedicated to collecting, retrieving and sharing customers’ financial information with other financial entities with the customers’ consent.
Regulatory and Governmental support measures for Micro-Finance
In this post, we outline some measures that the RBI and Government can take to alleviate the stress faced by the MFI sector
A Commentary on RBI’s Draft Framework for Securitisation of Standard Assets, 2020
We discuss the need for a clear vision, rationale, and a roadmap to be placed by the RBI for how it sees the draft framework enable the development of this market. We also consider how RBI has made the choice between capital neutrality and capital relief through this framework and how the outcomes from such a choice can have an impact on how securitisation serves the efficient movement of risks within the banking system and also to investors outside the banking system.
Analysing Growth Trends in Formal Financial Market for the Indian Household Sector
This blog examines the growth in household holdings of financial assets and liabilities for the period 2000-01 to 2016-17
A Commentary on RBI’s December 2019 Financial Stability Report
On the December 2019 Financial Stability Report released by the Reserve Bank of India.
Note on the RBI circular on External Benchmark for Banks
RBI would do well to rethink its strategy of improving policy transmission by linking retail loans to external benchmarks.