Financial Sector and Economic Growth in India /

India's financial sector has faced many challenges in recent decades, with a large, negative, and persistent credit to GDP gap since 2012. We examine how cyclical financial conditions affect GDP growth using a growth-at-risk (GaR) approach and analyze the link between bank balance sheets, credi...

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Bibliographic Details
Main Author: MacDonald, Margaux
Other Authors: Xu, TengTeng
Format: Journal
Language:English
Published: Washington, D.C. : International Monetary Fund, 2022.
Series:IMF Working Papers; Working Paper ; No. 2022/137
Subjects:
Online Access:Full text available on IMF