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220928 ||| eng |
| 020 |
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|a 9798400206665
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| 100 |
1 |
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|a George, Siddharth
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| 245 |
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|a India’s Banks: Lending to Productive Firms?
|c Siddharth George, Divya Kirti, Soledad Martinez Peria, Rajesh Vijayaraghavan
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| 260 |
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|a Washington, D.C.
|b International Monetary Fund
|c 2022
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| 300 |
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|a 22 pages
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| 653 |
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|a Finance, Public
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| 653 |
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|a Economics
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| 653 |
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|a Credit
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| 653 |
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|a Public-Private Enterprises
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| 653 |
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|a Banks
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| 653 |
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|a Corporate Finance and Governance: Government Policy and Regulation
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| 653 |
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|a Banks and banking
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| 653 |
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|a Production
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| 653 |
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|a Industrial productivity
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| 653 |
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|a Mortgages
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| 653 |
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|a Money
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| 653 |
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|a Economics of specific sectors
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| 653 |
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|a Macroeconomics: Production
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| 653 |
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|a Currency crises
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| 653 |
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|a Civil service & public sector
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| 653 |
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|a Macroeconomics
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| 653 |
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|a Bank credit
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| 653 |
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|a Banking
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| 653 |
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|a Depository Institutions
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| 653 |
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|a Economic & financial crises & disasters
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| 653 |
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|a Commercial banks
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| 653 |
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|a Productivity
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| 653 |
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|a Monetary economics
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| 653 |
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|a Public Enterprises
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| 653 |
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|a Financial institutions
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| 653 |
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|a Economics: General
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| 653 |
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|a Micro Finance Institutions
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| 653 |
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|a Monetary Policy, Central Banking, and the Supply of Money and Credit: General
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| 653 |
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|a State-owned banks
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| 653 |
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|a Informal sector
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| 653 |
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|a Banks and Banking
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| 653 |
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|a Financial Markets and the Macroeconomy
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| 653 |
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|a Money and Monetary Policy
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| 653 |
|
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|a Production and Operations Management
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| 700 |
1 |
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|a Kirti, Divya
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| 700 |
1 |
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|a Martinez Peria, Soledad
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| 700 |
1 |
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|a Vijayaraghavan, Rajesh
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| 041 |
0 |
7 |
|a eng
|2 ISO 639-2
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| 989 |
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|b IMF
|a International Monetary Fund
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| 490 |
0 |
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|a IMF Working Papers
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| 028 |
5 |
0 |
|a 10.5089/9798400206665.001
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| 856 |
4 |
0 |
|u https://elibrary.imf.org/view/journals/001/2022/073/001.2022.issue-073-en.xml?cid=517440-com-dsp-marc
|x Verlag
|3 Volltext
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| 082 |
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|a 330
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| 520 |
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|a Capital misallocation is widely thought to be an important factor underpinning productivity and income gaps between advanced and emerging economies. This paper studies how well Indian banks allocate capital across firms with varying levels of productivity. The analysis reveals that the link between productivity and bank credit growth is weaker for firms with significant ties to public sector banks, especially in years when public sector banks represent a large share of new credit. Large flows of credit to unproductive firms represent important missed growth opportunities for more productive firms. These results suggest that measures to improve governance of public sector banks, potentially including privatization, would help reduce capital misallocation
|