empirical results on the relationship between bank competition and financial stability. The model can be used to define a …A model of imperfectly competitive banks is examined under asymmetric information about borrower quality. Greater bank … competition and a lower risk-free rate raise the screening costs of lending, which can result in pooling Nash equilibria with …

bankruptcy filings spanning a banking-sector reform that deregulated bank entry across different regions of India. We find that … increased banking competition is associated with more firms seeking a stay on assets, a decline in bankruptcy duration, and a … delinquent firms and resolve bankruptcies more quickly when competition increases …