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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Bibliographic Details
Main Authors: Dilawar Ahmad Bhat, Udayan Chanda, Anil K. Bhat
Format: Article
Language:English
Published: Modern Finance Institute 2024-12-01
Series:Modern Finance
Subjects:
Online Access:https://mf-journal.com/article/view/196
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