The RBI has published final Guidelines for Licensing of Payments Banks in India after reviewing feedback and comments obtained by it on the draft guidelines that were published in July 2014 and covered in an earlier post.
Below is an excerpt from a blog post that Rachit Khaitan & Vaishnavi Prathap of IFMR Finance Foundation had authored for the CGAP blog:
In addition to the previously announced call for research proposals under the NSE-IFF Financial Deepening and Household Finance Research Initiative,
We recently hosted a series of Knowledge Management sessions titled “Spark” on an array of topics. Over the coming days we will be sharing notes and proceeds from these sessions.
The National Stock Exchange, India and IFMR Finance Foundation are delighted to announce a joint call for research proposals, under the “NSE-IFF Financial Deepening and Household Finance Research Initiative” for the years 2014-15.
In new study from NSE and IFMR, researchers use a "mystery shopping" approach where trained auditors, posing as low-income customers, attempt to open BSBDA (Basic Savings Bank Deposit Account) and low-cost accounts at banks in Chennai.
Municipal finances in India are characterised by the constant tension between the funds and functions of local governments. Cities in India have insufficient revenue tools to meet their expenditure requirements.
As part of the NSE-IFMR ‘Financial Inclusion’ Research Initiative, Vishnu Prasad, Anand Sahasranaman, Santadarshan Sadhu, and Rachit Khaitan of IFMR Finance Foundation have authored a working paper for the series.
As part of our blog series on the recently held Spark sessions, in this post we cover a talk by Vishnu Prasad & Rachit Khaitan on their recently released research paper “How much can asset portfolios of rural households benefit from formal financial services?”
In recent years there has been rising interest among financial service providers, NGOs and policymakers in educating customers and potential customers to enable them to make informed decisions on taking up and using financial products.
In all our research efforts, we strive to maintain an independent voice that speaks for the low-income household and household enterprises. Our ability to perform this function is significantly enhanced by our commitment to disseminate as a pure public good, all the intellectual capital that we create.
