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.
Comments to the Reserve Bank of India (RBI) on the Discussion Paper on Guidelines for Payment Gateways and Payment Aggregators (the Discussion Paper) dated 17 September 2019
In this Response, we present our comments on the RBI’s Discussion Paper on the Guidelines for Payment Gateways (PG) and Payment Aggregators (PA) in response to the call for comments from stakeholders (Reserve Bank of India, 2019c). Our comments are organised into five broad themes…
Digital Payments in India: Reflections from the Union Budget, the RBI’s Payments Vision 2021 and the Nilekani Committee Report
Reflecting on central recommendations in the Nilekani Report and the Vision 21 Document along with the key aspects of the user journey for digital payments.
It’s unfair to NBFCs
India is a bank-dominated financial system with about two-thirds of all financial assets in the economy belonging to the banking sector.
Our Observations on RBI’s June 2019 Financial Stability Report
On the June 2019 Financial Stability Report released by the Reserve Bank of India.
The RBI’s proposed Public Credit Registry and its implications for the credit reporting system in India
On RBI’s proposed Public Credit Registry and its implications.
Differentiation in banking models is a must to drive competition
Several studies have found that the Indian banking sector, while having a large number of players, has monopolistic competition.
RBI’s Financial Stability Reports – A Commentary on its Purpose and Contents
The Reserve Bank of India (RBI) has been publishing its bi-annual Financial Stability Reports (FSR) from May 2010. The FSRs provide extensive information about the way the RBI conducts its stress tests on the banking system; an aggregate sense of the results of such tests provide a measure of the overall resilience and stability of […]
Comments to the Ministry of Electronics and Information Technology (MEITy) on the draft Personal Data Protection Bill 2018, dated 27 July 2018, submitted by the Committee of Experts on a Data Protection Framework for India
In this document, we present our comments on the draft Personal Data Protection Bill 2018 (hereafter “the draft Bill”) in response to the call for comments from the public by MEITy (Ministry of Electronics and Information Technology, 2018)
A closer look at recent Payments Banks’ violations
A closer look at recent Payments Banks KYC and conduct violations.
