vimarsana.com


A Reserve Bank of India (RBI) study has advocated a mix of fiscal and monetary policies to mitigate economic downturn, saying demand side channel needs to be complemented with a conducive monetary transmission mechanism from the supply side.
Referring to the 2009 crisis, the study by Development Research Group (DRG) on 'Risk Premium Shocks and Business Cycle Outcomes in India', said that at the micro-level, the interest rate spread, attributed to risk premium on loans, increased in response to a rise in loan defaults during the post-2009 period.
Also, the credit growth was found to be negatively associated with the loan default rate, indicating that a shock to the borrowing sectors has a significant negative impact on credit growth, it added.

Related Keywords

India ,Jibin Jose ,Ravindrah Dholakia ,Bhanu Pratap ,Ipsita Padhi ,Radheshyam Verma ,Shesadri Banerjee ,Development Research Group ,Sa Reserve Bank ,Department Of Economic ,Reserve Bank ,Risk Premium Shocks ,Business Cycle Outcomes ,Policy Research ,Threshold Level ,Inflation Concept ,Jai Chander ,Reserve Bank Of India ,Economic Recovery ,Indian Economy ,Fiscal Policy ,Monetary Policies ,இந்தியா ,ஜிபின் ஜோசே ,பானு பிரதாப் ,இப்சிதத பாடி ,ரடேஷ்யம் வெர்மா ,வளர்ச்சி ஆராய்ச்சி குழு ,துறை ஆஃப் பொருளாதார ,இருப்பு வங்கி ,பாலிஸீ ஆராய்ச்சி ,வாசல் நிலை ,இருப்பு வங்கி ஆஃப் இந்தியா ,

© 2024 Vimarsana

vimarsana.com © 2020. All Rights Reserved.