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

Author

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  • Basu Sankarshan

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

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.

Suggested Citation

  • Basu Sankarshan, 2020. "Policy framework for Financial Consumer Protection: What we know vs. what we do not know - The Indian Experience," International Review of Financial Consumers, Sciendo, vol. 5(2), pages 19-23.
    • Handle: 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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