How to protect farmers against risks
Offering affordable derivative products that will help them hedge against price and weather risks is vital
A Brief Comparison of the Bad Bank Experience across Jurisdictions
In this policy brief, we compare the design and historical experience of Bad Banks in other jurisdictions with the newly setup NARCL across dimensions relating to legal character, government control, objectives, funding sources, resolution process and level of haircuts. We perform this analysis for the Resolution Trust Corporation in US, Securum and Retrieva in Sweden, Korea Asset Management Company in South Korea and Fondo Bancario de Protección al Ahorrro in Mexico. Using the insights from our comparative analysis, we identify certain design flaws in NARCL and propose some policy measures to rectify them.
Fintech in India: Can the trust stack up?
Providing a human interface at crucial touch points such consent, disclosure, and grievance redressal will allow for trust in fintech to rise, driving financial inclusion
Well-functioning crop insurance crucial for reducing farmer’s vulnerability
It is an important tool for agrarian families to manage and mitigate their risks
Why RBI’s Decision to Mandate Core Banking Solutions May Hurt NBFCs
The RBI’s Scale Based Regulation (SBR): A Revised Regulatory Framework for NBFCs mandates a Core Banking Solution (CBS) for all NBFCs with more than 10 branches
Even Before Pandemic, Debts Had Soared By 84% In Rural & 42% In Urban India
The pandemic-led economic crisis has exacerbated the rising indebtedness among India’s poor households, and could push more families into a debt trap
What household finance tells us about financial inclusion in India
There is an urgent need to make formal financial services more flexible, and customer centric, in order to increase its usability
Detecting Borrower Distress
Gauging household income key for microfinance clients
he microfinance movement in India is set to receive another dose of impetus with the Reserve Bank of India’s (RBI) recently released Consultative Document on Regulation of Microfinance in June 2021. Following the Malegam Committee Report, which is a decade old now, the current document looks to reassess and realign the priorities of the sector.
Lessons from the CoWIN experience
CoWIN has been developed as a digital platform to support Covid-19 vaccination efforts in India. While most are familiar with the interface for citizens to book vaccination slots, CoWIN also supports multiple other functions.
