IMPRI Desk

IMPRI Desk

RBI’s Misguided Regulatory Strategy

Cracking down on NBFCs disbursing small loans on the grounds they are charging usurious rates only pushes borrowers towards informal markets where rates are higher. Instead of removing barriers towards the flow of credit to the bottom of the pyramid, there are hurdles placed in the name of systemic stability when this risk can be tackled through other means

PM Oli’s China Visit: Optics Overshadow Substance

High in optics and but low in content, Nepal Prime Minister KP Sharma Oli’s visit to China this week sends signals of balancing India. For the past decade, China has been upping the ante in Kathmandu with close political tie-ups between the communist parties, promises for infrastructure projects, trade, tourism and others.

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