While going through the Economic Times today, I happened to come across this article which talks about how Savings products receive better response from consumers when its backed by gold or real estate. Forget real estate when it comes to the rural context – I was wondering about the relevance of gold savings in rural […]

Author: Shardul Oza A recent article in The Economist discusses the Reserve Bank of India (RBI)’s record over the last ten to fifteen years. In general, the magazine takes a favourable view of the central bank’s performance, citing its success in maintaining macroeconomic stability and controlling inflation. The article mentions that some critics have lambasted […]

Author: Mudita TiwariAs we meander through the thatched mud-stained and brick houses in Uttar Pradesh, our team asks a curious group of smiling clients – “What did you learn at the training session?” or “Does it help when our team reminds you about your savings goals?”  The answer is inevitably a yes, but the “yes” […]

Dear regulators, policymakers and other stakeholders: I am a MFI client from an urban slum, and yes I have taken loans from 2-3 MFIs operating in my area. I do have a bank account, however, every time I have tried to use the banking services, I found the entire process too complicated, and I have […]