Tag Search: “banking”
Transforming Indian agriculture: The role of credit policy
Despite various policy attempts at priority sector lending to poor farmers, very little progress has been made on the ground, suggesting problems in the design and implementation of these policies. I...
- Amartya Lahiri Dilip Mookherjee
- 14 December, 2015
Cash to cashless
The RBI is in discussion with the government on ways to reduce cash usage in the economy and to promote the use of cashless instruments. This column presents results from a study that estimates the e...
- Bappaditya Mukhopadhyay
- 30 November, 2015
Are banks responsive to credit demand shocks in rural India?
The output of Kharif crops is estimated to decrease by about 2% this year due to deficient monsoon rains in some Indian states. How responsive are commercial banks to a credit demand shock in rural I...
- Sankar De
- 05 October, 2015
Emergence of Bandhan as a bank: A new era in the Indian banking industry
At a time when the Indian banking industry is experiencing a steep rise in bad loans, Bandhan – an MFI with a near 100% loan recovery rate – has converted into a bank. Based on a survey of 112 Bandha...
- Somdutta Basu Souvik Dutta Abhirup Sarkar
- 27 August, 2015
How interest rates affect financial decisions of Indian households
RBI has cut interest rates three times this year so far. While rate cuts are welcomed by the Indian corporate sector, their impact on households is less discussed. This column analyses the relationsh...
- Nikhil Gupta
- 17 July, 2015
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.
- Ila Patnaik Ajay Shah Nirvikar Singh
- 30 June, 2015
- 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 ...
- Camille Boudot A.J. Mowl
- 29 May, 2015
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...
- Vincent Somville Lore Vandewalle
- 06 April, 2015
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...
- MS Sriram
- 18 March, 2015
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...
- Viral Acharya V Ravi Anshuman
- 31 January, 2015
- 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...
- Parul Agarwal
- 05 January, 2015
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...
- Kaushik Basu Barry Eichengreen Poonam Gupta
- 27 November, 2014