Formal and Informal Credit Markets Linkage : Implications to Financial Inclusion and Monetary Policy in India

Language: English

Published by LAP LAMBERT Academic Publishing, 2013

3659430307 / 9783659430305

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Seller: AHA-BUCH GmbH, Einbeck, GermanyAHA-BUCH GmbH

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nach der Bestellung gedruckt Neuware - Printed after ordering - In a multi-agency delivery mechanism of provision of credit, institutional credit is characterized by persistent excess demand as credits from these institutions are subsidized. In this situation, horizontal interlinkage resulted in spilling over of the excess demand for credit from the formal to the informal credit sources. Again another form of interaction is known as vertical interlinkage where informal lenders are viewed as having access to formal sources of lending, and the funds thus borrowed are then re-lent. An attempt has been made in the study to examine the implications of such linkages on achieving financial inclusion in the context of Indian economy. The interlinkage between formal and informal credit markets has also important implications to monetary policy as it is observed that the absence of any interlinkage implies weakening of the monetary policy as an effective tool. This book is expected to satisfy the needs of the students and scholars of Economics, Commerce and Finance. Moreover, the findings of the study are expected to be useful to the academicians of social sciences, planners and policy makers.…

Seller Inventory # 9783659430305

Title
Formal and Informal Credit Markets Linkage : Implications to Financial Inclusion and Monetary Policy in India
Author
Arindam Laha
Publisher
LAP LAMBERT Academic Publishing
Publication year
2013
Condition
Neu
Binding
Taschenbuch
Language
English
ISBN 10
3659430307
ISBN 13
9783659430305
Item weight
173 grams
Dimensions
220x150x7 mm

AHA-BUCH GmbH

Einbeck, Germany

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