Tag Search: “banking”
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
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
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
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
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
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
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
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
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 ...
- Parantap Basu
- 19 May, 2022
Can access to finance spur entrepreneurship in Indian informal sector?
Credit constraints, a consequence of the widespread failure of credit markets in developing countries, are widely regarded as a key constraint to entrepreneurship. Using 2010-11 and 2015-16 National S...
- Ira N. Gang Rajesh Raj S.N. Kunal Sen
- 12 May, 2022
Consumption smoothing and household savings: Role of demographics and durables
Canonical predictions of life-cycle models indicate that households will smooth consumption over their lifetimes. Conversely, empirical data from high-income countries have shown that consumption cont...
- Neha Bairoliya Areendam Chanda
- 25 April, 2022
A microfinance model to enhance borrowers’ lifetime utility
Research has shown that providing credit along with services such as savings instruments, can increase the utility that borrowers obtain from credit. Presenting a theoretical model where microfinance ...
- Dyotona Dasgupta Prabal Roy Chowdhury
- 11 April, 2022