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 booklet explains the SECC,2011, as it relates to rural India, and details the entire process in simple language. [Ministry of Rural Development]. URL:[http://rural.nic.in/sites/downloads/general/Caste_Census_book_indd.pdf].

The aim of this research is to explore the determinants of household income and expenditure growth, and assess whether the poor are benefitting from economic development. Using regression analysis, five factors were examined (1) location of the household, (2) access to infrastructure, (3)...

This essay provides a game-theoretic, endogenous view of institutions, and then applies the idea to identify the sources of institutional trajectories of economic development in China, Japan, and Korea. It stylizes the Malthusian-phase of East Asian economies as peasant-based economies in which...

A brief outline of the economic and financial structure of the State and the various financial inclusion initiatives taken by the Reserve Bank is highlighted. But there are some policy challenges in sustaining the growth momentum. [Speech delivered at the G. B. Pant University of Agricultural...