Our Response to RBI’s Discussion paper on Revised Regulatory Framework for NBFCs – A Scale-Based Approach, 2021
In this blog post, we share our responses submitted to the RBI to the questions posed in the discussion paper
Regulatory and Supervisory Approaches for NBFCs
In this position paper, we articulate how NBFCs can be regulated and supervised to enhance efficiency for the overall financial system
A Framework for Detecting Over-indebtedness and Monitoring Indian Credit Markets
In this policy brief, we propose a Framework through which the RBI may simultaneously monitor Indian credit markets and detect the prevalence of over-indebtedness
Consumer Grievance Redress in Financial Disputes in India
This post provides an overview of the financial consumer grievance redress system in India and highlights the issues that make it less effective and less consumer-friendly
Assam Crisis Brings to Fore Protracted Regulatory Issues in Tackling Borrower Debt Stress
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
Detecting Over-Indebtedness while Monitoring Credit Markets in India: An Approach
In this report we propose Monitoring and Detection Framework for OID with twin outcomes in mind, that of financial stability and financial consumer protection
Regulation of information flows as Central Bank functions? Implications from the treatment of Account Aggregators by the Reserve Bank of India
This paper seeks to understand the role of the Indian Central Bank in regulating information flows through Account Aggregators.
Regulatory and Governmental support measures for Micro-Finance
In this post, we outline some measures that the RBI and Government can take to alleviate the stress faced by the MFI sector
Pass-Through of Loan-Restructuring Information: Micro-Finance Loans and Credit Bureau Records
This post analyses the present regulations governing the restructuring of personal loans and their implications for the borrower’s credit score and her credit record
Must the Most Vulnerable Bear the Highest Costs? The Case of Interest on Interest during the Debt Moratorium
In this post, we investigate the cost of Interest on Interest (IoI), that emerged out of the RBI’s policy to grant a 6-month debt moratorium