Comments on the Revised Draft Indian Financial Code

By | August 10, 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 submissions here. https://drive.google.com/a/isb.edu/folderview?id=0B_r-cIWDAf-eflFUelpTRnRXaEVZd081RDMwRVctb3A2a2hVWTFnX3VHMHJBbEJPbWVQZ28&usp=sharing# Disclaimer: The views expressed in this comment paper [...]

Read More
 0

The Indian Financial Code Draft II: Catalyzing “Too Big to Fail” In India?

By | August 4, 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 monitoring systemic risk and taking all required action to eliminate [...]

Read More
 0

India needs a realistic debt restructuring framework

By | July 23, 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 scheme empowers a group of lenders (called the joint lenders’ [...]

Read More
 0
Load More Posts
Copyright 2012 - 2020 ISB | All Rights Reserved