Financial Policy

Comments on the Revised Draft Indian Financial Code
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By | August 10th, 2015|Financial Policy, Public Policy, Regulations|

The Ministry of Finance had recently  released the Revised Draft Indian Financial  Code ("Code") for  public comments. Mandar Kagade, Analyst at  the Bharti Institute of Public Policy submitted his comments on some of the salient proposals of the Code  with suggestions for reform. Please the [...]

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The Indian Financial Code Draft II: Catalyzing “Too Big to Fail” In India?
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By | August 4th, 2015|Financial Policy, Law|

By Mandar Kagade, Analyst, Bharti Institute of Public Policy The Indian Financial Code has proposed to constitute the Financial Stability & Development Council (“FSDC”) pursuant to Chapter 76 of the Code with the objective of fostering the stability and resilience of the financial system by identifying and [...]

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India needs a realistic debt restructuring framework
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By | July 23rd, 2015|Financial Policy|

By Mandar Kagade, Analyst, Bharti Institute of Public Policy, ISB The Reserve Bank of India (RBI) recently announced the Strategic Debt Restructuring (SDR) scheme in furtherance to the framework for revitalizing distressed assets in the economy that was notified in February this year. The SDR [...]

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