household sizes has boosted demand for retail credit. There may exist meaningful inter-linkages among economic indicators and … personal finance growth such that the variation in the retail credit at the macro level can be explained. Banks credit policies … and credit processes are prepared with the broad risk management objective and the oversight of the credit policy remains …

Mr. Ramesh a customer of HDFC Bank read in the newspaper The Times of India on 2nd August 2017 about the repo rate was … reduced by the Reserve bank of India, from 625 Basis Points (BP) to 600 basis Points (BP). The newspaper on 2nd August 2017 … also mentioned that all banks were expected to follow soon. Mr. Ramesh met the Chief Branch Manager of HDFC bank, a retail …

that well-functioning credit markets would reflect a bank channel for monetary policy at work, we test whether a change in … and the associated change in interest rate does not affect change in bank credit, change in total debt and the proportion … of bank credit in total debt for any of the firms. We discuss the policy implications of the findings. …