We study a bank run in India in which private bank branches experience sudden and considerable loss of deposits that seek safety in state-owned public sector banks (PSBs). We trace the consequences of this reallocation using granular data on bank-firm relationships and branch balance sheets. The...

In India, caste shapes access to a variety of resources and outcomes mainly through its influence on inter-generational prosperity, but also the linked phenomenon of discrimination. This paper examines whether caste-based differences in access to formal agricultural loans reflect discrimination...

Many developing and emerging markets have high degrees of state bank ownership. In addition, the recent global financial crisis has led to significant state ownership of banking assets in developed countries such as the United Kingdom. These observations beg the question of whether the...