Bad loan build-up in India: A reflection of soft budget constraints
This paper analyses the non-performing assets (NPA) crisis in the Indian banking system from the perspective of soft budget constraints. Using a panel dataset of 105 publicly listed firms, it explores the relationship between NPAs and bank lending behaviour, particularly examining credit rationing r...
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          | Main Authors: | , , | 
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| Format: | Article | 
| Language: | English | 
| Published: | 
            Modern Finance Institute
    
        2024-12-01
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| Series: | Modern Finance | 
| Subjects: | |
| Online Access: | https://mf-journal.com/article/view/196 | 
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