Rural Economy Resilience
Author: Ananya Raju In the bustling weekly haat of Baramati, Maharashtra, 35-year-old Kamla, a vegetable seller, exemplifies the shift towards digital payments in rural India. Just a few years ago, her transactions relied heavily on cash, often limited by the availability of small notes and coins. Today, with a simple tap on her smartphone using […]
The Banking Sector’s Balancing Act: Small Finance Banks at Crossroads
Authors: Anuradha Ramachandran, Ananya Raju India’s financial sector has been grappling with a credit-deposit mismatch, where incremental loan growth is outpacing deposit growth since FY23. To enhance financial stability and promote cautious lending practices to curb the rapid growth of retail unsecured lending, the Reserve Bank of India (RBI) implemented regulatory measures, including increased risk […]