banking crisisforecastingdiscrete choice modelIndiaThe experiences of the global financial crisis reveal that the spillover effects of the current global financial imbalances undermine the financial stability of different countries. In this emerging scenario, country-specific studies for identifying leading ...
Even if a full crisis does not erupt shadow banks may be forced to shrink. When combined with the rising NPAs of state banks, that would mean that 75% of India’s financial system is on crutches. The Risks of Shadow Banking Borrowing short and lending long is a high-risk game as the...
The year 1991 marked a decisive changing point in India's economic policy since independence. Following the 1991 Balance of Payment crisis, major macroeconomic disruptions, sharp increase in interest rates, large currency depreciation, output collapse, decline in the supply of credit, structural ...
Realizing the presence of the signs of financial repression and to seek an escape from any potential crisis in the banking sector, the Government of India embarked upon a comprehensive banking reforms plan in 1992 with the objective of creating a more diversified, profitable, efficient and ...
The global financial crisis and its aftermath forced banks to introspect about the kind of financial sector architecture India should have in the years ahead. Indian banks escaped the contagion because they were highly regulated at home and not too integrated with the global financial system in ...
Acquisitions.Outbound acquisitions by Indian companies in the first seven months of 2010 amounted to $22 billion, significantly higher than the $8 billion recorded in 2009; it also exceeded the total in 2007, before the crisis. This acquisition spree looks set to continue, as global targets...
"Amidst a global crisis, today India’s economic system is strong, the banking system is strong. This is the power of our institutions," Modi said at an India Today gathering. Bank stocks worldwide have been badly hit in recent days by the collapse of two mid-size U.S. banks. While ...
What else did the CSA say about the looming crisis? Saying that corporate governance in India is being put to a test, Srinivas added that “responsible” companies are doing a good job at managing risks, thereby allowing them to avert a full-blown crisis. “It is a defining moment. The ...
So banks provisioned enormously here as they did in Australia and the rest of the world. The question throughout the crisis was, “How much bad news is this disguising? When all of these programs are rolled away, just how bad is the pain going to be?” We ca...
Emerging Challenges for Indian Banking Industry in the backdrop of Global Financial Crisis A spell of severe credit crunch, salary cuts, rehiring and a lot of news on loans going bad lead this paper to test the hypothesis that the Indian Banking Industry has been performing badly in contemporar...