Comments on the Indian Banking Sector at the Stanford India Conference
I had an opportunity to participate in the excellent conference organised by the Stanford Centre for International Development (SCID) on Indian Economic Policy as a discussant for a presentation by Dr. Rakesh Mohan.
Notes from a Kenya trip
Last week, the leadership team of the IFMR Group had an opportunity to visit Kenya and among other things, it was a fantastic opportunity for us to get a sense of the trajectory of Kenya’s financial sector development relative to ours in India.
Assessing Suitability – What’s the future for financial providers’ legal duty of care?
In the previous blogpost we noted the gradual shift away from the buyer-beware standard in case law and policy regarding customers of financial products.
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
“Suitability” and the Law: Moving from scatter gun to straight shooter?
The previous blog post in this series had presented some insights from our review of case law relating to financial products and services.
Upholding Customer Protection: Tales from the Indian Courts
It is not often that the Supreme Court of India becomes disgruntled by the death of a buffalo. In September 2012, the highest court of the land found itself in just this situation following the death of an insured animal.
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.
Measures of Financial Depth and their Limitations
In the previous post of the blog series on financial depth, we attempted to understand the nature of the relationship between financial depth and economic growth.
Relationship Between Financial Depth and Economic Growth
This is the first post in our blog series on the concept of financial depth and the various methods to measure it. The introductory post summarizes the literature pertaining to the significance of financial depth.