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The Demise of Bank Credit*
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Jan 2nd 2018, C.P. Chandrasekhar
and Jayati Ghosh
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Growing
economies generally show increasing deployment of bank
credit – but in India this has been decreasing for years
and recently has been almost flat. What does this suggest
about the growth process and the health of the Indian
economy?
*
This
article was originally published in the Business Line
on January 2, 2018.
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