The Master Trainer Approach to Financial Education
In recent years there has been rising interest among financial service providers, NGOs and policymakers in educating customers and potential customers to enable them to make informed decisions on taking up and using financial products.
Revisiting the core ideas of CCFS
The Report of the Committee on Comprehensive Financial Services for Small Businesses and Low Income Households (CCFS) was submitted to the Reserve Bank of India (RBI) in January this year.
A Big Step Forward in India’s Financial Inclusion Deliberations
India faces a major financial exclusion challenge. According to the 2011 World Bank Global Findex Survey, only 35% of Indian adults have access to a formal bank account and 8% borrowed formally in the last 12 months.
Video: Dr. Nachiket Mor on the Report of the RBI Committee on Comprehensive Financial Services
In the below video Dr. Nachiket Mor articulates the RBI committee’s vision for financial inclusion and financial deepening in India covering aspects of Universal Electronic Bank Account, Payments, Credit, Priority Sector Lending and Customer Protection.
On the ‘Implementability’ of the Recommendations of the RBI Committee on Comprehensive Financial Services
Since its release on January 7, it has been heartening to see the amount of debate and interest generated by the Report of the Committee on Comprehensive Financial Services, chaired by Dr. Nachiket Mor.
RBI Releases Report of the Nachiket Mor Committee on Comprehensive Financial Services
The Committee on Comprehensive Financial Services for Small Businesses and Low Income Households, set up by the RBI in September 2013, was mandated with the task of framing a clear and detailed vision for financial inclusion and financial deepening in India.
Top 5 Game changers for the Indian financial system in 2013
Our picks:
1)Appointment of Dr. Raghuram Rajan – In September Dr. Rajan took over as the 23rd governor of the Reserve Bank of India. If his opening speech is any indicator, his appointment could be one of the most important milestones for the Indian financial system.
What are your views on Making Payments Ubiquitous?
Making access to formal payments infrastructure universal is a key component of the overall vision of financial inclusion and the RBI vision document on payments correctly aims towards an economy that is eventually entirely cash less.
Reserve Bank of India revisits ‘Small and Local’
The Reserve Bank of India has published on its website, a discussion paper on Banking Structure in India – The Way Forward which covers the following aspects:
Response to RBI’s discussion paper on Deregulation of Savings Bank Deposit Rate
We think that the Indian economy is ripe for deregulation of savings rate. The recent monetary
policy released by the RBI highlights that the Indian economy may experience a slow growth over
this year, given an inflation focused tightening of the monetary policy.
