Open Access Open Access  Restricted Access Subscription Access
Open Access Open Access Open Access  Restricted Access Restricted Access Subscription Access

Industrial Credit in India:An Investigation into the Growth Pattern and Disparity in India


Affiliations
1 Kazi Nazrul Islam Mahavidyalaya, Paschim Burdwan, Khamra – 713368, West Bengal, India
2 Vidyasagar University, Medinipur - 721102, West Bengal, India
     

   Subscribe/Renew Journal


The empirical study looks into the pattern of flow of industrial credit into different regions of the country. The measure of disparity shows the existence of a wide inequality among the six regions of the country. The trend analysis of the flow of credit shows that the North-East region is far behind the others in terms of growth and there is a dominance of Northern region which is followed by the Central, Western, Southern and Eastern regions. Furthermore, the Kruskal-Wallis test shows that there a statistically significant difference among the six regions in terms of industrial credit.

Keywords

Banking, Correlation, Gini and Robinhood Coefficient, Industrial Credit, Kruskal-Wallis, Normality, Trend.
Subscription Login to verify subscription
User
Notifications
Font Size


  • Banerjee, A., Cole, S., & Duflo, E. (2004), Banking Reform in India, India Policy Forum, pp. 277–333.
  • Bhanawat, S. S. & Kothari, S. (2013). “Impact of banking sector reforms on profitability of banking industry in India”, Pacific Business Review International, 2013, Vol. 6, No. 6, pp. 60–65.
  • Das, S. (2014 and 2015), Commercial banks and industrial finance in India: The pre-liberalisation scenario, Business Studies, 2014, 2015, Vol. 35 & 36, pp. 1–23.
  • Ganesh, M. P. S. (2013), “Development and reforms in indian banking system”, International Journal of Innovative Research and Practices, 2013, Vol. 7, No. 1, pp. 47–56
  • Guadagno, F. (2016). The role of industrial development banking in spurring structural change, Inclusive and Sustainable Industrial Development Working Paper Series, WP 8, pp. 1–42.
  • Kanth, R. J. Banking Sector Reforms and India’s Commitments At WTO. Retrieved from: http://wtocentre.iift.ac.in/CBP/Banking%20Sector%20 Reforms%20&%20India’s%20GATS%20commitment_RAJESH%20JAI%20 KANTH.pdf
  • Mehta, G. L. (1964). “Statement of the Chairman Shri G L Mehta, The Industrial Credit and Investment Corporation of India Limited”, The Economic Weekly, March 7, pp. 471–474
  • Mohan, R. (2004), “Finance for Industrial Growth”, RBI Bulletin, March, pp. 319–339
  • Mohan, R., & Ray, P. (2017), Indian Financial Sector: Structure, Trends and Turns IMF Working Paper, WP / 17/7, 1–35
  • Varma, J. R. Indian Financial Sector Reforms: A Corporate Perspective, pp. 1–20, Retrieved from http://www.iimahd.ernet.in/~jrvarma/papers/vik231.pdf
  • The Bewildering case of India’s credit slowdown: Can the Paradox be tackled?
  • RBI Reports on Trends and Progress in Banking, Different issues
  • Lending and investment operation of banks. Retrieved from: https://rbidocs.rbi.org.in/rdocs/Publications/PDFs/86733.pdf

Abstract Views: 434

PDF Views: 0




  • Industrial Credit in India:An Investigation into the Growth Pattern and Disparity in India

Abstract Views: 434  |  PDF Views: 0

Authors

Dipak Kundu
Kazi Nazrul Islam Mahavidyalaya, Paschim Burdwan, Khamra – 713368, West Bengal, India
Abhijit Sinha
Vidyasagar University, Medinipur - 721102, West Bengal, India

Abstract


The empirical study looks into the pattern of flow of industrial credit into different regions of the country. The measure of disparity shows the existence of a wide inequality among the six regions of the country. The trend analysis of the flow of credit shows that the North-East region is far behind the others in terms of growth and there is a dominance of Northern region which is followed by the Central, Western, Southern and Eastern regions. Furthermore, the Kruskal-Wallis test shows that there a statistically significant difference among the six regions in terms of industrial credit.

Keywords


Banking, Correlation, Gini and Robinhood Coefficient, Industrial Credit, Kruskal-Wallis, Normality, Trend.

References





DOI: https://doi.org/10.15410/aijm%2F2018%2Fv7i1%2F119881