Personal insolvency needs to be treated as a social insurance option. A mechanism which relies on the interaction between creditors and borrowers must be put in place
Personal insolvency needs to be treated as a social insurance option. A mechanism which relies on the interaction between creditors and borrowers must be put in place
In this research brief we picturise the portfolio of Indian households by reviewing the participation rates across various financial and non-financial instruments using data from 2019.
We discuss the need for a clear vision, rationale, and a roadmap to be placed by the RBI for how it sees the draft framework enable the development of this market. We also consider how RBI has made the choice between capital neutrality and capital relief through this framework and how the outcomes from such a choice can have an impact on how securitisation serves the efficient movement of risks within the banking system and also to investors outside the banking system.
The Reserve Bank of India (RBI) recently allowed financial institutions to on-board new customers using video-KYC.
We are launching an interactive website which presents our “mark – up” of India’s Personal Data Protection Bill, 2019.
In this series of columns, members of a drafting team on the Working Group report on Social Stock Exchange detail important recommendations.
The Covid-19 crisis has, among other things, brought into focus the importance of non-profits and impact-focussed, for-profit, enterprises.
A common minimum reporting standard has been recommended for all fundraising activity through the proposed Social Stock Exchange.