This variable is equal to the percentage of respondents who answer “yes” when questioned whether they have previously borrowed money from a friend or relative. 2.2.2.2. Bank Specific variables We use a set of bank-level variables to control for other aspects that might influence bank credit ...
According to government sources, 34% of household debt in rural India (GoI, 2014) and 65.9% of household debt in rural Bihar1 was held by traditional moneylenders during the period spanned by this evaluation. These lenders charge between 12 and 150 percent annual interest, compared to typical...
2011 to June 30, 2013, and we extract 4130 observations from a total sample of 122,967 observations by random sampling. Then we manually fetch other information from the platform website according to the identity number of borrowers. We gather 3935 observations after dropping missing data. ...