My new article in Moneycontrol. I look at the history of DFIs in India. Interestingly, law-wise there is no term as DFIs. The Indian Companies Act calls them as Public Financial Institutions and RBI defines Financial Institutions not DFI. With these basics, the piece looks at the different kinds of DFIs in India and how they have stacked up over the years. So do we need a new DFI? My answer is no. Read the piece for details. This entry was posted on January 19, 2021 at 11:38 am and is filed under Indian Economy/Financial Markets. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.
Topics:
Amol Agrawal considers the following as important: Indian Economy/Financial Markets
This could be interesting, too:
Amol Agrawal writes Ahmedabad University’s 2nd Annual (virtual) Economics Conference: 4-6 Mar 2021
Amol Agrawal writes State Bank of Sikkim: The Tiny Mountain Bank That Continues To Beat RBI’s Powers
Amol Agrawal writes India’s Approach to Open Banking: Some Implications for Financial Inclusion
Amol Agrawal writes History of Money: From cowries to cryptocurrencies (Three Part Series)
My new article in Moneycontrol.
I look at the history of DFIs in India. Interestingly, law-wise there is no term as DFIs. The Indian Companies Act calls them as Public Financial Institutions and RBI defines Financial Institutions not DFI. With these basics, the piece looks at the different kinds of DFIs in India and how they have stacked up over the years.
So do we need a new DFI? My answer is no. Read the piece for details.