Tag Search: “banking”
UPI: A game changer towards achieving a cashless economy
Since the launch of the Unified Payment Interface (UPI), the volume of digital transactions in India has increased exponentially over the last few years. Shamim Ara highlights the trends in the expans...
- Shamim Ara
- 22 May, 2023
- Perspectives
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...
- Rajeswari Sengupta Harsh Vardhan
- 08 May, 2023
- 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 ...
- Barry Eichengreen Poonam Gupta
- 03 May, 2023
- 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...
- Viral Acharya Raghuram Rajan
- 31 March, 2023
- 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...
- Viral Acharya Yamini Aiyar Amartya Lahiri Pronab Sen I4I Team
- 10 February, 2023
- 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 ...
- Amartya Lahiri
- 26 October, 2022
- 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...
- Harsh Vardhan
- 07 October, 2022
- 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...
- Rohit Chandra Nishanth Muthusamy
- 15 September, 2022
- 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...
- Isha Gupta
- 18 July, 2022
- 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 ...
- Gabriele Ciminelli John Rogers Wenbin Wu
- 15 June, 2022
- 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, ...
- Ritika Bansal Anshuman Kamila Sandeep Kumar
- 06 June, 2022
- 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...
- Rachel Cho Rodolphe Desbordes Markus Eberhardt
- 30 May, 2022
- Articles