Tag Search: “banking”

Foreign borrowing by Indian firms: Implications for growth and macroeconomic stability

This project analyses the pattern of external borrowing by Indian firms, an exercise that has as yet not been carried out. It identifies possible drivers of such borrowing.

  • IGC Research on India

Barriers to basic banking in India

The Indian government is promoting the Jan Dhan Yojana, Aadhaar and mobile banking – or the “JAM trinity” — as the pathway to financial inclusion. But are banks capable or even willing take on their ...

  • Articles

Can bank account-based payments boost savings?

?The Finance Ministry plans to focus on mobilising savings in the next phase of PMJDY, the financial inclusion scheme. This column presents results from an experiment in Chhattisgarh, which tests whe...

  • Articles

The financial inclusion agenda and Aadhaar

The central government is pushing financial inclusion in a big way. In this article, MS Sriram discusses the role of identity in financial inclusion, and the importance of Aadhaar in this context. He...

  • Perspectives

Foreign Fund Flows and Stock Returns: Evidence from India

This project studies the impact of foreign institutional investor (FII) flows on stock returns in India. It exploits stock-level daily trading data for FII purchases and FII sales to separate stocks i...

  • IGC Research on India

Financial literacy: When, what and how

The need for financial literacy and its importance for financial inclusion have been widely recognised. Based on various research studies on financial literacy initiatives, this column outlines finan...

  • Articles

From tapering to tightening: The impact of the Fed's exit on India

India was among the hardest hit by the Fed’s ‘taper talks’. This column argues that this impact was large for two reasons. First, India received huge capital flows before. This had made it a convenie...

  • Articles

Challenges and priorities for financial sector reform in India

I4I Editor Nirvikar Singh (Professor, University of California, Santa Cruz) interviews K.P. Krishnan (Former Additional Secretary, Department of Economic Affairs, Ministry of Finance) on the central ...

  • Perspectives

How well does DBT work on the ground?

PM Modi has emphasised fast-tracking roll-out of the Adhaar-based Direct Benefits Transfer programme. In this note, Sweta Trayambak – who has worked with the district administration of Ramgarh in Jha...

  • Notes from the Field

A unique, informal banking system of rickshaw drivers in cities

Seasonal, rural migrants that drive rickshaws in cities have little or no access to formal financial institutions. Based on a survey of over 100 rickshaw drivers in Delhi, this article highlights a un...

  • Notes from the Field

Migrating out of poverty: The role of finance

Financial liberalisation has been controversial as it is not clear whom the expanded credit allocation actually benefits. Using variation across time and states in India, this column finds strong evid...

  • Articles

Does caste influence access to agricultural loans in rural India?

Increasing access to agricultural credit in rural India is a major policy priority. This column examines whether farmers’ access to formal agricultural loans depends on their caste. It is found that w...

  • Articles