19 results found
With Verdict 2019 giving a greater political force to Modi’s next five years, we hope some of them will make the grade, or at least, in experiential
India need to do more to speed up its own financial sector reforms and make it stronger because the percentage of NPAs has reached a dangerous level of 4.45 per cent and could reach 6 per cent soon. Unless the banking system is strong, India cannot be on a higher trajectory of growth.
The legacy cross-border payment infrastructure is replete with issues of high costs, limited access, low speed, and opaque structures, which have limited the potential of cross-border payments to enhance international trade and foster economic growth in emerging economies. The increased demand for transparent, accessible, faster and cheaper solutions in the financial sector has pushed the private and public sectors to accelerate investments in in
The Chinese are now seeking to finesse a situation where their continued economic growth requires them to open up their service and financial sectors in the world, while preventing their adversaries from using this to undermine the CPC control of China.
The outcome of the Third Plenary meeting of the 18th Central Committee of the Communist Party of China which ended on Wednesday in Beijing is like a typical iceberg -- you see some of it above the water, but most of it is below. The leadership knows well that if reforms of the financial sector and of creating a legal governance regime are delayed, the economic miracle could well turn into a nightmare.
Climate change has emerged amongst India’s most formidable challenges to sustained GDP growth. To accelerate the implementation of the country’s commitments under the Paris Agreement and advance its progress towards the Sustainable Development Goals, finance is key. India needs to develop a comprehensive strategy and an integrated policy approach that aligns the country’s financial systems with the long-term needs of the economy while incor
The COVID-19 pandemic sparked rapid digitalisation worldwide, with work-from-home interactions, online payments, and online consultations for various services becoming acceptable practices. While this shift in the manner and nature of work brought enormous benefits, crucially in terms of access, it has also increased the kind of cyber security threats that countries face, with vulnerabilities felt particularly in the health and financial sectors.
The New Delhi Declaration’s policy commitments in the health sector emphasise the role of the G20 in revising the existing financial and global heal
India’s agrarian crisis has deepened in the past several years, contributing to the slowdown of the economy. Amongst the most crucial factors affecting the country’s agricultural sector is financial inclusion. Over the years, India has attempted various measures to narrow the gap in financial inclusion for its farmers, yet the goal continues to elude the country. This paper presents a discussion of these measures, outlining the current state
This report is a thought leadership push for policymakers, businesses, and civil society to work together to address India's environmental challenges
In August 2019, the Reserve Bank of India (RBI) released its final guidelines for a regulatory sandbox for fintech firms.[1] Technology innovations are disrupting the traditional financial sector, and the RBI’s regulatory sandbox exercise is an attempt to be more agile and absorb some of this disruption. ‘Sandboxes’ give regulators a chance to work with fintech innovators, mitigate potential risks and develop evidence-based policy, while fi
The woes of the financial sector emanate from sick industries which are unable to pay their debt. It would be best to roll out a non-judicial version of the 4R (recognise, restructure, resolve, reform) approach.
Structural changes need to be brought to allow different financial sectors to invest in the green future of developing nations.
The big idea that has got lost in all debates in the financial sector is the consumer. Refocussing the regulatory objective on bringing the consumer b
The economic advantage from a revived financial sector will generate manifold benefits in investment, growth, and jobs. Every 1% of growth generates 1.2% of tax revenues.
Moral hazarding has no place in a tough-as-nails situation as collections and turnaround.
