Shadow banking as the symptom and not the disease

A friend pointed me to an interesting new book recently, “Inside China’s Shadow Banking: the Next Subprime Crisis”. This is written by an investment banker turned shadow banker, Joe…

Financial inclusion through the lens of CRISIL Inclusix

Financial inclusion is a key enabler of economic and social development. The effectiveness of the financial inclusion agenda in India can be significantly enhanced if there are objective ways…

FSLRC on Micro-prudential Regulation

The financial-legal framework envisaged by the FSLRC comprises nine important components, one of which is Micro-prudential regulation.