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Conference

IPS Conference on Moneylending

IPS is organising a conference to discuss issues in the moneylending landscape and measures that can be taken to strike a balance between giving consumers adequate protection and preserving their access to credit. In June 2014, the Ministry of Law formed an advisory committee on moneylending to review the moneylending regulatory regime and recommend suitable measures to strengthen the framework. The committee was chaired by Mr Manu Bhaskaran, Director of Centennial Group International and Adjunct Senior Research Fellow at IPS. The committee included representatives from the moneylending industry as well as voluntary welfare organisations which help distressed borrowers. Issues considered by the committee included excessive borrowing costs, excessive borrowing and general business practices in the moneylending industry. The committee has completed its deliberations and prepared a set of draft recommendations, which it will discuss at this upcoming conference. Their aim is to obtain feedback on the recommendations from conference participants before finalising their report.

Mon 3 November 2014
02:00 PM - 06:00 PM