Growth and Developmental Aspects of Credit Allocation: An Inquiry for Leading Countries and the Indian States

Growth and Developmental Aspects of Credit Allocation: An Inquiry for Leading Countries and the Indian States explores the relationship between bank credit and deposit,income growth,and development in India and other leading countries. It highlights the increase in global output and its implications for financial indicators and human development.

Format: Hardback
Length: 316 pages
Publication date: 23 May 2023
Publisher: Emerald Publishing Limited

The study titled "Growth and Developmental Aspects of Credit Allocation: An Inquiry for Leading Countries and the Indian States" delves into the intricate relationship between bank credit and deposit within diverse economies, with a particular focus on the Indian states. By examining these two financial components, the study aims to demonstrate how they are interconnected with income growth and levels of development in these states.

Ramesh Chandra Das, in his comprehensive examination of the global economy, highlights the significant increase in global output and its profound implications for financial indicators and human development across various countries. The study emphasizes the importance of credit-deposit ratios, credit trends, non-performing assets (NPA), gross domestic product (GDP), security investments, and the interconnections between credit and GDP and human development index (HDI). Through a detailed analysis of these indicators across different states in India, the chapters offer valuable insights into credit concentration, including security investment by banks and the disparities in credit allocation within the Indian context.

By incorporating and applying modern economic theory, "Growth and Developmental Aspects of Credit Allocation" provides a groundbreaking perspective for individuals interested in banking, finance, macro- and microeconomics, as well as human development on a global scale. The study offers valuable insights into the complex dynamics of credit allocation and its impact on economic growth and social well-being, making it a valuable resource for scholars, policymakers, and practitioners alike.

Weight: 502g
Dimension: 158 x 240 x 20 (mm)
ISBN-13: 9781803826127