Top 5 Game changers for the Indian Financial System in 2015
In our final post of the year we put together the Top-5 game changers of 2015.
Stress Testing Credit Risk of Indian Banks
In the aftermath of the Global Financial Crisis, RBI took a major leap forward and set up a new Financial Stability Unit in 2009 specifically focusing on the measures to be taken for assessment and evaluation of financial system stability in the country
Ubiquitous Access to Payments – One (big) Step Forward
Yesterday, the RBI announced in-principle Payment Bank licenses for eleven applicants. To put things in perspective, there were two new bank licenses in the last decade.
Selection of Research Proposals for the NSE-IFF Financial Deepening and Household Finance Research Initiative
The NSE-IFF Financial Deepening and Household Finance Research Initiative is very pleased to announce its final set of proposals selected for funding in this round.
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.