The Demise of Bank Credit*

Jan 2nd 2018, C.P. Chandrasekhar and Jayati Ghosh
Growing economies generally show increasing deployment of bank credit – but in India this has been decreasing for years and recently has been almost flat. What does this suggest about the growth process and the health of the Indian economy?

* This article was originally published in the Business Line on January 2, 2018.


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