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.
Protection versus service – The RBI should rethink its entire model of regulation
[The author is an independent columnist. This article is a reproduction of his column from The Telegraph]
RBI Draft Guidelines on Securitisation: Balancing growth and stability
Securitisation of assets by NBFCs came under regulatory purview with draft guidelines being put on the RBI website on June 3rd.
Blue Print for Commercial Banks to Deepen Financial Access
IFMR Finance Foundation has come out with a comprehensive manual with a detailed blueprint for commercial banks to deepen financial access in a viable manner using the Business Correspondents (BC) and Business Facilitators (BF).
Basic economic freedom: why can’t we get it done?
India has a concentrated banking system, which means that if five individuals decide that this needs to be done, it will be done.