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Tag Search: “banking”

The post-pandemic credit landscape in India

The economic shock caused by the Covid-19 pandemic and longstanding structural issues like the NPA crisis with its associated risk aversion in the banking sector resulted in low bank credit growth in...

  • Articles

Priorities for the G20 Finance Track

Considering the macroeconomic challenges faced by emerging markets, Eichengreen and Gupta outline a few key aspects of the financial agenda that G20 members could address. They discuss seven areas of ...

  • Perspectives

Bank failures: what’s the Fed’s role?

Silicon Valley Bank is the largest bank failure in the US since the 2008 financial crisis. Viral Acharya and Raghuram Rajan reflect on this and attribute the bank’s collapse to more than bankers’ mism...

  • Perspectives

I4I@10 | Emerging from Covid-19: Challenges and solutions

As India emerges from the Covid-19 pandemic, economists will have to rethink how they understand the Indian economy in context of global volatilities. In this panel, moderated by Amartya Lahiri, Viral...

  • Videos

Banks, finance and the 2022 Economics Nobel Prize

This year the Nobel Prize in Economics was awarded to Ben Bernanke, Douglas Diamond and Philip Dybvig for their work on the role of banks in the economy, particularly during financial crises. In this ...

  • Perspectives

The low productivity trap of collateralised lending for MSMEs

The share of bank credit extended to MSMEs increased dramatically during the pan-demic. In this post, Harsh Vardhan discusses the the government guarantee of bank loans as a possible driver of this gr...

  • Perspectives

How NBFCs are reinventing MSME finance

Even though micro and small enterprises make up over 99% of MSMEs in India, they receive a relatively small proportion of bank credit. Chandra and Muthusamy look at how lending to MSMEs has evolved ov...

  • Perspectives

Accumulation of household debt in India: Repercussions for economic recovery

The Covid-19 crisis and the subsequent recession has brought about a shift in financial savings; households have cut back on consumption and reduced their demand for credit, and banks tightened lendin...

  • Perspectives

Not exactly bad news: Fed tightening cycle’s implications for emerging markets

The conventional perception, that US Federal Reserve rate hikes necessarily imply capital outflows from emerging markets, is an incomplete assessment. This article disaggregates Fed hikes’ effects on ...

  • Articles

Addressing the economic trade-offs of interlinkages in contemporary agrarian markets

Agrarian markets often see interlinked market transactions – the arhatiya deals with the farmer in both the crop market as a commission agent, and in the credit market as a moneylender. In this post, ...

  • Perspectives

Little evidence for 'too much finance'

The current consensus that the finance-growth nexus is more complex than previously assumed has led to concerns about ‘too much finance’. Using a large panel dataset over six decades, this article fin...

  • Articles

An illusory Phillips curve: Is now the right time for a rate hike?

The Phillips curve represents an inverse relationship between inflation and unemployment. In this post, Parantap Basu argues that the ‘illusory’ Phillips curve in western industrial nations is driven ...

  • Perspectives