Eichengreen, Barry; Gupta, Poonam - In: Journal of International Money and Finance 39 (2013) C, pp. 138-152
their money toward government-owned banks and specifically toward the State Bank of India, the largest public bank. While … deposits toward the State Bank of India cannot be explained by these factors alone. Rather it appears that the implicit … government guarantee of the liabilities of the country's largest public bank dominated other considerations. …