success of banking reforms in India where significant banking reforms have been introduced since 1990s. Using the argument … 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 …

This paper examines the operation of credit channel of monetary policy transmission in India during the post … nominal bank credit, and the other, real bank credit — have been estimated following an approach similar to Hendry's general …-to-specific method. It is obtained that besides the positive influence of economic activity on bank credit, policy-induced expansion or …

States, the paper shows that, following the Reserve Bank of India's aggressive monetary easing measures, bank credit growth …This paper examines the role of the bank lending channel of monetary policy in India during the global financial crisis … in India has maintained a robust growth even in the midst of the severe global financial crisis. However, there is a …