The Indian banks have been constantly evolving toward the adoption of ESG practices through sustainable finance, which is further accelerated by responsible investment and lending practices. The paper discusses the transformative impact that sustainable finance has on Indian banks, focusing on...

This paper examined the driving factors for advancing Islamic finance in Southern Europe. Islamic finance is based on Shariah (Islamic law), increasingly gaining popularity in Southern Europe. Several factors might have triggered the advancement of Islamic finance in that region. Among which is...

Unemployment is an important index describing an economic situation and the development of societies. The existence of unemployment means a loss of production factor that is not savable and irrecoverable. Therefore, it is essential to proper planning and policymaking to control and reduce...

In this Staff Memo we explore the determinants of unsecured consumer debt among Norwegian households using detailed administrative data from 2020 to 2024. We identify a set of key drivers, including life-cycle patterns, labor market shocks, and homeownership transitions. Our findings reveal that...

This paper examines key driving forces of inflationary pressures, taking into account supply and demand side determinants and actions of policy makers, during the pandemic and geopolitical crises in the Eurozone. Using heterogeneous nonstationary macro-panel models, especially the Mean Group...