Recently, the Reserve Bank of India has begun licensing a new kind of retail bank, called payments banks, for the hitherto financially excluded.

This problem can be solved by link-ups with large supply chains and networks that disperse risk and place small businesses in a better position to get loans and attract equity investors.

Given the extent of liquidity shock caused by Covid-19, the Reserve Bank of India enabled all lending institutions to provide their borrowers with a repayment moratorium on term loans until 31 August 2020.

In The Case for a Job Guarantee, Pavlina R. Tcherneva argues that a job guarantee that provides an employment opportunity to anyone looking for work, regardless of their personal circumstances or the state of the economy, not only makes good economic sense, but is vital for people’s wellbeing.

Solving the identity problem is necessary to enable a shift away from a survival mindset and towards a growth mindset

This blog post reviews the BIS paper, and offers some reflections and critiques based on the experience of these infrastructures in India.

In their book, In Service of the Republic, Vijay Kelkar and Ajay Shah warn against distortions caused by the government and its entities being both player and umpire in various sectors .

This brief presents the evidence on the impact of COVID-19 on the daily life of low-income households from a fortnightly panel survey conducted by Dvara Research

Innovative and blended finance structures, such as Social Venture Funds, offer a unique opportunity for nonprofits to secure new funding.

The Indian government has set into motion the implementation of several schemes that are aimed at improving both the liability and asset sides of the balance sheets of banks and non-banking financial companies (NBFCs), so that lending to the real economy can increase. The most recently introduced are four schemes.