In this study the analytical framework for identifying and benchmarking systemically important financial institutions is discussed. First, the main concepts underlying the SIFI definition are laid out. Next, the methodologies used for measuring systemic importance in academia and for policy...

The importance of non-financial reporting in the overall assessment of a company's performance, its risk-return trade off is steadily gaining ground, both globally and in India. [Address by Dr K. C. Chakrabarty, Deputy Governor, RBI at National Conference on “ Non-Financial Reporting and...

This Policy Brief discusses the proposed amendments to Republic Act No. 7653 (RA 7653). The first part briefly presents the mandate of the Bangko Sentral ng Pilipinas (BSP). It then describes the financial sector’s challenges that necessitate the amendment of the said law. The salient...

Ills of the banking system that caused the crisis. An extensive analysis of the causes is given. A brief synopsis to provide a backdrop for the ‘boring banking’ discussion is given. [Speech at the International Finance and Banking Conference organized by the Indian Merchants’...

A variety of institutional forms of microfinance are being introduced in Asia including by the ADB-and financial institutions pursue different objectives, so it is difficult to assess how well microfinance is actually contributing to poverty alleviation. There is little systematic data available...

Asset quality of banks has come under increasing pressure with rising NPAs and Restructured loans. The Gross NPA ratio for the banking system, which was 2.4% in March 2011, increased to 3.6 per cent by September 2012. Having seen the challenges before the Indian banking system, what are our...

This paper aims to provide an analytical glimpse of the evolution of forest policies in Odisha in the post-independence era, by unraveling the major stages of evolution of such policies. The paper also seeks to explore the issues of livelihoods, which has attained priority while formulating...

This paper argues that attempts at state-building in Afghanistan have led to institutions that are not robust. The state institutions and organizations continue to be highly dependent on external resources and technical expertise, and lack of critical mass of people able and willing to maintain...

This paper investigates the determinants of spatial concentration and entry within manufacturing across states in India. Using an unbalanced panel of 180 industries spread across 16 major Indian states over the time period 1985-2007, the effect of location (state) characteristics interacted with...