RBI paper finds Indian banks were not spared by financial crisis
Research published by the Reserve Bank of India (RBI) has found that Indian banks – particularly the weaker ones –- suffered significantly during the global financial crisis, even though advanced economies bore the brunt of the shock.
The working paper, Net Interest Margin, Financial Crisis and Bank Behavior: Experience of Indian Banks, by Tushar Das, examines the net interest margin of Indian banks as a proxy for the squeeze put on them by tighter financial conditions. Data runs from 1992 to
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