Acharya, Viral V.; Khandwala, Hemal; Sabri Öncü, T. - In: Journal of International Money and Finance 39 (2013) C, pp. 207-230
We study the determinants of the growth of those non-deposit taking non-bank financial corporations (NBFCs) which are regarded by the Reserve Bank of India as being systemically important and have grown substantially in India over the past decade. We document that bank lending to NBFCs (i) forms...