Impact of changes in policy rate of interest on demand for bank credit is examined for seven emerging market economies … including India for the period 2002 to 2010. Panel data techniques are used after ruling out the presence of unit roots. The … controlled for, change in policy rate of interest is an important determinant of firms' demand for bank credit. The results …

combining these financing mechanisms. We draw on a cluster RCT in rural India of a sanitation labelled microcredit program …, implemented by chance around the onset of a large sanitation policy comprising partial subsidies – Swacch Bharat or ‘Clean India …