20 September, 2018Understanding the recent ordinance amending the Insolvency and Bankruptcy Code
The Insolvency and Bankruptcy Code, 2016 (IBC) is a landmark reform for India. One year after the notification of the law, an Ordinance to amend IBC has been promulgated, which bars several categories...
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Rajeswari Sengupta Anjali Sharma 
23 March, 2018
- Perspectives
Can the microcredit model be improved?
Microcredit is frequently touted as an effective policy tool to fight global poverty. However, studies suggest that the long-term impact on recipients’ lives is limited. In this post, Mushfiq Mobara...
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Vikas Dimble Mushfiq Mobarak
- 21 August, 2019
- Articles
Does your cultural background affect your credit profile?
In many economies – both developed and developing – economic transactions tend to cluster by ethnic or social group. Using data from a large, state-owned bank in India, this article presents evide...
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Raymond Fisman
- 04 May, 2018
- Articles
Why are finances of Indian states deteriorating?
The combined stock of debt owed by Indian states is about 21% of GDP, and is proliferating. In this article, Ananya Kotia discusses why the stock of the states’ debt is unsustainable today despite ...
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Ananya Kotia
- 27 September, 2017
- Perspectives
Caste and credit: Not such a woeful tale?
Caste is an enduring predictor of economic status in India and caste-based discrimination continues to pervade several spheres of life. What about rural lending? This column suggests that most caste-w...
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Sunil Mitra Kumar Ragupathy Venkatachalam
- 11 September, 2017
- Articles
Stock market participation in the aftermath of an accounting scandal
An emerging literature shows that exposure of fraud in the corporate sector leads to a fall in trust on part of households and decline in their stock market participation. Analysing data on daily inv...
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Renuka Sane
- 30 August, 2017
- Articles
Financial inclusion: Concepts, issues, and policies for India
The International Growth Centre recently brought out a synthesis paper (Singh 2017) that lays out the basic concepts surrounding financial inclusion, and reviews a wide range of IGC and other studies ...
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Nalini Gulati Nirvikar Singh
- 17 August, 2017
- Perspectives
Post demonetisation: Is digital finance in India's future?
Analysing RBI data from June 2017 – six months after demonetisation was announced on 9 November 2016 – Mukherjee and Wadhwa show that reliance on cash has reverted to pre-demonetisation levels, an...
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Anit Mukherjee Divyanshi Wadhwa
- 16 August, 2017
- Perspectives
Towards financial prescription
The Securities and Exchange Board of India has proposed that the distributors of mutual funds should only be allowed to sell financial products and not act as financial advisers for customers. Drawing...
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Gurbachan Singh
- 24 July, 2017
- Perspectives
Bank financing of stressed firms
There is anecdotal evidence that banks in India have been extending credit to highly distressed firms. By delaying recognition of bad loans, banks may improve their own profitability in the short run...
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Rajeswari Sengupta Anjali Sharma
- 07 June, 2017
- Articles
Strategy for dealing with the banking crisis
To deal with India’s banking crisis, Prof. Ajay Shah of NIPFP recommends a two-pronged strategy – more financing for firms, and RBI reforms.
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Ajay Shah
- 17 May, 2017
- Perspectives
The size of personal bank credit in India
In May 2016, the Insolvency and Bankruptcy Code law was passed by Indian Parliament and received presidential assent. The law consists of provisions for both corporate and personal insolvency. However...
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Renuka Sane Anjali Sharma
- 10 May, 2017
- Articles
Has regulatory intervention been effective in maintaining stability of Indian banks?
To address the challenges that Indian corporates faced in the early 2000s in meeting their debt-servicing obligations to banks/financial institutions, RBI introduced a corporate debt restructuring pro...
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Mostak Ahamed Sushanta Mallick
- 06 February, 2017
- Articles
A five-minute loan to unlock micro-entrepreneurship in India
Micro-entrepreneurs are grossly underserved by traditional lenders, as they typically do not have collateral or credit histories to make them creditworthy. In this article, Pande, Memon and Goyal of ...
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Vibhor Goyal Niloufer Memon Varad Pande
- 11 January, 2017
- Notes
Aadhaar, demonetisation, and the poor
There is a view that an Aadhaar-centred apparatus of digital inclusion can shield the poor from the problematic effects of demonetisation. In this article, Silvia Masiero argues that constraints of t...
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Silvia Masiero
- 09 January, 2017
- Perspectives
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Tweets by Ideas4IndiaMost Popular Money & Finance Posts
Financial inclusion in India: Progress and prospects
Financial inclusion is globally considered as a critical indicator of development and well-being of society. In this post, Srinivasa Rao traces the financial inclusion journey in India so far, and dis...
- K. Srinivasa Rao
- 11 July, 2018
- Perspectives
Explainer: India’s payments banks
In August 2015, the RBI issued in-principle licences to 11 entities to establish payments banks in India – a unique format of banking which has not been used anywhere else in the world. Fully based ...
- Rahul Choudhury
- 30 May, 2018
- Explainers
Corporate debt market in India: Issues and challenges
While it is true that the Indian corporate debt market has transformed itself into a much more vibrant trading field for debt instruments from the elementary market that it was about a decade ago, th...
- Vaibhav Anand Rajeswari Sengupta
- 19 May, 2014
- Articles