Policy framework for Financial Consumer Protection: What we know vs. what we do not know - The Indian Experience

Basu Sankarshan ()
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Basu Sankarshan: Professor, Finance and Accounting, Indian Institute of Management Bangalore, Bannerghatta Road, Bangaluru, India

International Review of Financial Consumers, 2020, vol. 5, issue 2, 19-23

Abstract: This article provides economic rationales for the importance of financial consumer protections in a competitive marketplace for financial products, and considers financial consumer protection in India in the context of the various different protection mechanisms that have evolved across the globe. The article identifies initial developments toward greater protections for India’s financial consumers and provides recommendations for how these protections should evolve given the specific needs of India.

Keywords: Financial consumer protection; policy framework; the Indian case (search for similar items in EconPapers)
Date: 2020
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Persistent link: https://EconPapers.repec.org/RePEc:vrs:irfinc:v:5:y:2020:i:2:p:19-23:n:1003

DOI: 10.36544/irfc.2020.5-2.3

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