RBI paper highlights shift in credit dynamics over business cycles

reserve-bank-of-india-pic-2

A Reserve Bank of India paper published on Monday finds that output leads credit during post-reform periods, contrary to pre-reform periods when credit leads output growth.

Krittika Banerjee, the paper's author, studies the extent of pro-cyclicality of credit in India, focusing on the lead and lag relationship between credit cycles and growth cycles. The author aims to learn whether credit leads or lags behind growth in the economy as a whole, and how the relationship varies over time and across

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact [email protected] or view our subscription options here: http://subscriptions.centralbanking.com/subscribe

You are currently unable to copy this content. Please contact [email protected] to find out more.

To continue reading...

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here: