We examine how the development of the digital infrastructure known as the 'India Stack'-including an interoperable … of financial services. While each individual component of the India Stack is important, we argue that its key overarching … synergies across the layers of the Stack. Until recently, a large share of India's population lacked access to formal banking …

continue have a dominant share in the market. Contractual savings systems have been improved, but pension funds in India are …

commercial banks. The analysis focuses on examining the behavior and determinants of bank intermediation costs and profitability …

The large holdings of government securities by banks in India draw attention to their risk as interest rates are at … of recommendations regarding government policies and individual bank practices to manage interest rate risk …

Do financial sector reforms necessarily result in expansion of credit to the private sector? How does bank ownership … Indian experience with liberalization of the financial sector to inform this debate. Using bank-level data from 1991-2007, we …

Since the global financial crisis, corporate investment has been weak in India. Sluggish corporate investment would not …, this paper analyzes the reasons for the slowdown and discusses how India can boost corporate investment, using both macro …