India Official: Banking is Necessary. Banks are Not

August 18, 2016 @ 1:55 am By JD Alois |

In Mumbai this week there was an annual banking conference where Indian government officials presented or participated. The Hindu interviewed Reserve Bank of India Deputy Governor R Gandhi and he made several interesting statements. According to Gandhi; “Banking is necessary, but banks are not adding…… Read More

Reserve Bank of India is Actively Studying Peer to Peer Lending

January 8, 2016 @ 5:06 pm By JD Alois |

Like the rest of the world, India is moving forward with new forms of finance. Last month, the Securities and Exchange Board of India stated it would reveal crowdfunding norms “soon”. Now at a conference taking place in Mumbai, R. Gandhi, deputy governor of the Reserve Bank of… Read More