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The Informal Economy Podcast

The Informal Economy Podcast

Written by: Valathi MEDFIN with Dr. Subbu
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 The Informal Economy Podcast explores how money really moves outside traditional banking systems. From chit funds and community finance to credit behavior, trust-based lending, and grassroots wealth-building, this show breaks down the financial systems that millions rely on but few understand. Hosted by Dr. Subbu of Valathi MEDFIN, the podcast blends real-world experience with practical insights to uncover how informal networks operate, evolve, and shape financial decisions in everyday life.Valathi MEDFIN with Dr. Subbu
Episodes
  • Understanding Chit Funds: India’s Trust-Based Financial System

    Understanding Chit Funds: India’s Trust-Based Financial System
    Apr 5 2026

    Chit funds are one of India’s oldest and most widely used financial systems, yet they remain misunderstood by many. In this episode, we break down how chit funds actually work—from monthly contributions and auctions to dividends, risk, and regulation under the Chit Funds Act, 1982.
    This is not a surface-level explanation. We explore the logic behind the system, why it continues to thrive alongside banks, and how trust plays a central role in its functioning.
    Whether you are considering joining a chit, running one, or simply trying to understand informal finance in India, this episode gives you a clear and practical foundation.

    Hosted by Dr. Subbu | Valathi MEDFIN
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    19 mins
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