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

Several studies have found that the Indian banking sector, while having a large number of players, has monopolistic competition.

This post presents design elements that providers can use to make the consent artefacts more effective for constrained users. These design recommendations emerge from the insights from an immersive behavioural field study we conducted with 60 constrained customers through a gamified simulation of an AA transaction.

Dvara Research and Final Mile are collaborating on a behavioural science informed primary study to unpack the barriers that customers currently face in engaging with and understanding consent artefacts.

Social enterprises will have to conform to much higher standards of reporting than they are conventionally used to. Read more at: https://www.bqprime.com/opinion/a-social-stock-exchange-for-india Copyright © BQ Prime

In this note, we discuss how the current approach of the PCA framework is inconsistent with the objectives it seeks to achieve.

An RBI Working Group has suggested that lending service providers be disallowed from providing credit enhancements such as FLDG (first-loss-default-guarantee). However, a risk-proportionate regulation of FLDG could address its risks, while allowing the ecosystem to benefit from innovation.