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How do banks respond to asset booms? This paper examines i) how U.S. banks responded to the World War I farmland boom; ii) the impact of regulation; and iii) how bank closures exacerbated the post-war bust. The boom encouraged new bank formation and balance sheet expansion (especially by new...
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Rural indebtedness and dependence on private moneylenders is an age-old problem in India. For more than 100 years now …, the Central Government and the Reserve Bank of India have been making efforts to enhance institutional credit in rural … areas particularly to assist in agricultural operations. It began with the enactment of the Co-operative Credit Societies …
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network expansion in rural India on adoption of high yielding variety seeds and chemical fertilizers. Our empirical strategy …
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including India for the period 2002 to 2010. Panel data techniques are used after ruling out the presence of unit roots. The …
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