Can India bank on its banks?
India’s banking system has one of the world’s shakiest asset portfolios, and by all indications loan quality continues to deterioriate (source: macpixxel for GIS)
General info
What's inside
- Careless corporate lending has gotten Indian public sector banks in trouble
- The government has mainly responded with massive capital injections
- More serious structural reforms have been hamstrung by political considerations
Who will benefit?
- Report is targeted to the decision makers in cross country manufacturing – suppliers, manufacturers, logistics.
- Also considered useful for the administrative university facilities, to better understand the possibe effects of current decisions.
Suggested reports
As Indian agriculture expands, farmers and reform prospects suffer
India’s food output has nearly quadrupled over the past 50 years, but farm households – more than half the country’s population – are in some ways worse off. Rural distress is weighing on the country’s politics and eroding the government’s political base. If India wants to follow the path of ...
Cronyism puts democracies and markets at risk
Behind the malaise afflicting Europe’s democracies and economies is an overlooked cause: cronyism. Big government can encourage businesses to seek favors from politicians and regulators. When that happens, the accountability needed for markets and democracies to function properly disappears. It is time to view crony capitalism as a systemic threat.
GIS Dossier: Modi’s India
Prime Minister Narendra Modi has harnessed identity politics to shake up India’s inefficient economy and turn it into a global player. At home and abroad, he has proved an adept operator. Geopolitically, Mr. Modi’s most important move is an increasingly obvious realignment with the U.S., as part of a long-term ...
Market economies, regulation and crony capitalism
The global economic crisis arose in the world's most highly regulated sector – the financial industry. That is certainly no coincidence. When government intervention and easy money meet big banks, the result is cronyism – the furthest thing from genuinely free markets.
