Independent Research and Policy Advocacy

Policy Initiatives

Financial Systems Design

A well-functioning and resilient financial system needs a good mix of institutions that collectively meet the financial intermediation needs of the country, be it individuals, households, businesses, sectors and local governments, while simultaneously enhancing the stability of the system as a whole.

Amulya Neelam Dvara

Amulya Neelam

Senior Research Associate

Deepti George Dvara

Deepti George

Deputy ED and Head of Strategy

Dwijaraj Bhattacharya

Dwijaraj Bhattacharya

Research Manager

Sowmini G Prasad Dvara

Sowmini G Prasad

Research Associate

Latest works

March 26, 2021 | Dvara Research

In this blog post, we share our responses submitted to the RBI to the questions posed in the discussion paper

March 24, 2021 | Dvara Research

Non-Banking Finance Companies (NBFCs) play a critical role in the credit ecosystem by acting as last-mile financiers for the unbanked and underserved segments of the Indian economy,

March 17, 2021 | Dvara Research

Excessive debt negatively affects households and can diminish any developmental gains from such debt. It also dampens a nation’s economic growth and threatens its financial stability.

March 8, 2021 | BQ Prime

he current approach is making NBFCs safer but requiring banks to become riskier, write Nachiket Mor and Dwijaraj Bhattacharya. Read more at: https://www.ndtvprofit.com/bq-blue-exclusive/expanding-access-to-bank-credit-by-building-the-nbfc-periphery Copyright © NDTV Profit

By Dr. Nachiket Mor, Dwijaraj Bhattacharya
February 25, 2021 | ThePrint

India urgently needs a range of entities to solve for the vast diversity in its credit intermediation requirements, including in infrastructure financing.

By Dr. Nachiket Mor, Deepti George
February 18, 2021 | Dvara Research

Ayushman Bharat Pradhan Mantri Jan Arogya Yojana (PM-JAY) is a health insurance/ assurance scheme which was launched by the Government of India (GoI) in September 2018. It is the second component under Ayushman Bharat; a scheme envisioned to achieve Universal Health Coverage (UHC) in India.

February 4, 2021 | Dvara Research

This paper report results from an experimental study that examines the impact of information disclosure on consumers’ purchase decision of a high-risk financial product

By Niyati Agrawal, Misha Sharma, Madhu Srinivas, Monami Dasgupta, Monika Halan
February 3, 2021 | Dvara Research

Reports of growing debt stress among microfinance borrowers in Assam follows a similar path as those in AP. In this post we analysis this issue and provide possible solutions

January 28, 2021 | Dvara Research

In this report we propose Monitoring and Detection Framework for OID with twin outcomes in mind, that of financial stability and financial consumer protection

January 7, 2021 | BQ Prime

Banks in India will need to work hard to build a well-functioning ‘internal market’, which at the moment is quite broken.

By Dr. Nachiket Mor, Madhu Srinivas