Financial Development and Growth in India : A Growing Tiger in a Cage? /

This paper examines the efficiency of the different segments of India's financial system using firm-level data on corporate financing patterns. Firms are increasingly relying on external funds to finance their investment in most recent years. Empirical analyses indicate that (1) the financial s...

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Bibliographic Details
Main Author: Oura, Hiroko
Format: Journal
Language:English
Published: Washington, D.C. : International Monetary Fund, 2008.
Series:IMF Working Papers; Working Paper ; No. 2008/079
Online Access:Full text available on IMF