Financial Intermediation and Economic Growth in Bihar: A District-Level Analysis

The aim is to analyse and understand the factors behind the efficiency of the banking sector in Bihar regarding its ability to raise deposits and disburse funds to private enterprises in the State. The project also intends to study the impact of the banking sector to the overall economic activities at the macro (state wide) and micro (across district) level.


  • Publication - Working Paper

    Financial intermediation and economic development in the state of Bihar, India: A district-level analysis

    This paper analyses the relationship between financial intermediation and economic development in the state of Bihar in India. We find that the standard index of depth of financial intermediation measured by credit deposit (CD) ratio is very low in the state (30%) and has little impact on economic development at the aggregate level. However, the analysis of sectoral CD...

    7 Oct 2020 | Sanjay Banerji, Krishna Gangopadhyay, Sushanta Mallick