A Big Step Forward in India’s Financial Inclusion Deliberations
India faces a major financial exclusion challenge. According to the 2011 World Bank Global Findex Survey, only 35% of Indian adults have access to a formal bank account and…
The Adjusted PSL Mechanism for Priority Sector Lending by Banks
In view of the rigid sectoral targets and the absence of an active trading market for PSL assets, current PSL requirements force identical strategies from all banks, with little…
The Suitability Approach to Client Protection: Comments on the Mor Committee Report
The Mor Committee Report offers a radical take on client protection, built around the concept of a legal right to suitability.
Video: Dr. Nachiket Mor on the Report of the RBI Committee on Comprehensive Financial Services
In the below video Dr. Nachiket Mor articulates the RBI committee’s vision for financial inclusion and financial deepening in India covering aspects of Universal Electronic Bank Account, Payments, Credit,…
Tweet Chat with Dr. Nachiket Mor
On January 7th, 2014 the RBI published the Report of the Committee on Comprehensive Financial Services (CCFS) for Small Businesses and Low Income Households chaired by Dr. Nachiket Mor,…
On the ‘Implementability’ of the Recommendations of the RBI Committee on Comprehensive Financial Services
Since its release on January 7, it has been heartening to see the amount of debate and interest generated by the Report of the Committee on Comprehensive Financial Services,…
RBI Releases Report of the Nachiket Mor Committee on Comprehensive Financial Services
The Committee on Comprehensive Financial Services for Small Businesses and Low Income Households, set up by the RBI in September 2013, was mandated with the task of framing a…
India Rural Development Report
A few months earlier IDFC Foundation had prepared the “India Rural Development Report 2012/13” which provided a wide perspective on the rural landscape covering the Rural dynamics, Livelihoods, Inclusion,…