Policy debate with regard to financial intermediaries has focused on whether, and to what extent, governments should impose capital adequacy requirements on banks, or alternately, whether market forces could also ensure the stability of banking systems. The paper contributes to this debate by...

The paper develops an empirical model to explore the role that bank characteristics play in influencing the monetary transmission process. Employing data on Indian commercial banks for the period 1992-2004, the findings indicate that for banks classified according to size and capitalization, a...

The article provides a snapshot of Indian banking and explores certain contextual issues

The article surveys the literature pertaining to the Basel II and concludes with the concerns germane to India in this regard

The article examines the pros and cons of the implementation of Basel II in India and contextually, conducts an empirical exercise to examine the impact of capital requirements on the Indian banking system

The article traces the development of banking in India since independence and raises certain issues relevant to the sector at the present juncture

The new Basel accord is slated to come into effect in India around 2007 raising the question of how the revised standards will influence bank behaviour. Using a simple theoretical model, it is shown that the revised accord will result in asymmetric differences in the efficacy of monetary policy...

The paper examines the interaction between risk, capital and operating efficiency in a simultaneous equation setting. Using data on Indian state-owned banks for 1993-2000, the analysis finds these variables to be intertwined, with each reinforcing the other, although the results differ across...

The paper examines the OBS activities of Indian banks, highlighting, in particular, thier growth, diversification and the factors leading to thier increased usage

Spurred by a recent Supreme Court order, many Indian states have introduced cooked mid-day meals in primary schools. This article reports the findings of a recent survey which suggests that this initiative could have a major impact on child nutrition, school attendance and social equity....