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At CAFRAL, we push the boundaries of research in finance and economics to address the evolving challenges to the Indian economy for a ‘Viksit Bharat’ well before 2047.
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Nominations open for Conference of Chief Risk Officers: Evolving Risk Landscape
This conference will examine the evolving risk landscape for financial intermediaries including regulatory and technological changes. It would also provide a forum to the heads of risk function to meet and discuss the emerging issues surrounding risk management.
Wed, 6th Aug, 2025
Announcement
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Research
Registration open for Building New Human Capital in Weak Education Systems: What Works, What Doesn’t, and Does It Matter
Abstract: The literature on the “New” human capital highlights the critical role of higher order cognitive skills, personal skills -curiosity, being entrepreneurial, aspirational as well socio-emotional skills. While recent literature suggests they can be taught, how to impart these skills in low capacity settings is a challenge. We present results from three large Randomized Control Trial experiments based on different pedagogy interventions in public schools of three states of India (Uttarakhand, Uttar Pradesh and Andhra Pradesh). The interventions target various broad aspects of human capital. In Uttar Pradesh, science experiments are introduced to students in middle school to make them curious; in Uttarakhand, a pedagogy based on Theatre targets building socio-emotional and soft skills of middle school students; in Andhra Pradesh an entrepreneurial mindset development program is delivered in school to make secondary school students think out-of-the-box. The overall results from these interventions are mixed- the successes and failures inform the literature on the technological possibilities of pedagogy and the constraints that such methods face. We also highlight the role of local labour markets and their interaction with accumulation of human capital.
Wed, 6th Aug, 2025
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Speech - Building Resilience to Compliance Ecosystem by Shri Jayant Kumar Dash
Building Resilience To Compliance Ecosystem at the Conference on Chief Compliance Officers: Expectations and Challenges
Tue, 5th Aug, 2025
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Nominations open for CAFRAL Virtual Program on Asset Liability & Liquidity Risk Management
This program aims to deepen participants’ understanding of asset liability mismatch, liquidity and funding risks, solvency implications and regulatory expectations. Through expert-led virtual sessions
Fri, 20th Jun, 2025
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Research
Seminar on Distributional Effects of Agricultural Interventions in India
Abstract: How do government programs that distort prices in agricultural markets affect producers and consumers along the income distribution? We study the distributional effects of three of the largest and longe
Wed, 18th Jun, 2025
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Research
Registration open for Seminar on Gender Barriers, Structural Transformation, and Economic Growth
Abstract: The representation and significance of women in the labor force have grown significantly over the past five decades around the globe. Using nationally representative data from over 90 countries, we document distinct gender patterns in employment transitions across both sectors and
Tue, 17th Jun, 2025
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Nominations open for CAFRAL Program on KYC & AML for Senior Executives in Risk & Compliance Department in Banks, FIs and
This program seeks to sensitize the senior executives of REs about the risk & strategic issues which need to be factored in the KYC-AML framework and address the challenges in respect of compliance. It will also be a review of extant regulations, and provide updates on recent changes in the KYC
Thu, 5th Jun, 2025
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Learning
Nominations open for CAFRAL Virtual Program on Customer Education & Protection: Issues & Challenges
This program seeks to sensitize the senior executives of REs about the risk & strategic issues which need to be factored in the KYC-AML framework and address the challenges in respect of compliance. It will also be a review of extant regulations, and provide updates on recent changes in the KYC
Wed, 4th Jun, 2025
Announcement
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Learning
Nominations open for Virtual Conference of Ombudsmen: Emerging Challenges and Expectations
Financial services landscape is in a constant state of flux, with new trends emerging every day. Another important transition underway is the changing consumer preferences and a faster pace of adoption of digital technologies in financial services. The future generation of customers are likely to consume financial service in the same way that they consume other products and service, and banks may have to be prepared to make that transition. However, this pace of digital penetration has outstripped development of awareness, which is the biggest challenge in front of the REs /even the regulator of how to ensure good customer service/protect the customers from frauds. The Ombudsman scheme for the regulated entities is aimed to redress various issues pertaining to deficiency in service.
Tue, 29th Apr, 2025
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