DRG Studies Series - RBI - Reserve Bank of India
Dec 01, 2025
UPDATED: DEC 01, 2025
DRG Study No. 47: Governance, Efficiency and Soundness of Indian Banks
The Reserve Bank of India today released on its website the DRG Study* titled, “Governance, Efficiency and Soundness of Indian Banks”. The study is co-authored by Rachita Gulati, Sunil Kumar, S. Chinngaihlian, Rajendra Raghumanda and Prabal Bilantu. This study adopts a granular research approach and empirically explores the nexus between governance, efficiency and soundness in the Indian banking industry at various disaggregation levels using the dynamic panel data mo
The Reserve Bank of India today released on its website the DRG Study* titled, “Governance, Efficiency and Soundness of Indian Banks”. The study is co-authored by Rachita Gulati, Sunil Kumar, S. Chinngaihlian, Rajendra Raghumanda and Prabal Bilantu. This study adopts a granular research approach and empirically explores the nexus between governance, efficiency and soundness in the Indian banking industry at various disaggregation levels using the dynamic panel data mo
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Nov 28, 2025
DRG Study No. 45: Threshold Level of Inflation - Concept and Measurement
The Reserve Bank of India today released on its website the DRG Study* titled, “Threshold Level of Inflation – Concept and Measurement”. The study is co-authored by Professor Ravindra H. Dholakia, Dr. Jai Chander, Smt. Ipsita Padhi and Shri Bhanu Pratap. The study examines the concept of threshold inflation and defines it as the long run equilibrium rate of inflation that maximises the steady state growth within the relevant range of values. The empirical findings of
The Reserve Bank of India today released on its website the DRG Study* titled, “Threshold Level of Inflation – Concept and Measurement”. The study is co-authored by Professor Ravindra H. Dholakia, Dr. Jai Chander, Smt. Ipsita Padhi and Shri Bhanu Pratap. The study examines the concept of threshold inflation and defines it as the long run equilibrium rate of inflation that maximises the steady state growth within the relevant range of values. The empirical findings of
Nov 27, 2025
UPDATED: NOV 28, 2025
DRG Study No. 1: On the Guidelines Relating to Valuation of Shares (Copy)
The Reserve Bank of India today released on its website the DRG Study* titled, “Governance, Efficiency and Soundness of Indian Banks”. The study is co-authored by Rachita Gulati, Sunil Kumar, S. Chinngaihlian, Rajendra Raghumanda and Prabal Bilantu. This study adopts a granular research approach and empirically explores the nexus between governance, efficiency and soundness in the Indian banking industry at various disaggregation levels using the dynamic panel data mo
The Reserve Bank of India today released on its website the DRG Study* titled, “Governance, Efficiency and Soundness of Indian Banks”. The study is co-authored by Rachita Gulati, Sunil Kumar, S. Chinngaihlian, Rajendra Raghumanda and Prabal Bilantu. This study adopts a granular research approach and empirically explores the nexus between governance, efficiency and soundness in the Indian banking industry at various disaggregation levels using the dynamic panel data mo
Nov 24, 2025
DRG Study No. 42: Shocks and Inflation
The Reserve Bank of India today released on its website the DRG study* titled, “Shocks and Inflation”. The study is authored by Prof. M. Ramachandran, Pondicherry University and Shri Rakesh Kumar, Assistant Adviser, Reserve Bank of India. In general, shocks induced by supply side factors are believed to have no long-lasting impact on inflation. Therefore, inflation driven by supply shocks does not warrant any policy intervention. This DRG study documents empirical evi
The Reserve Bank of India today released on its website the DRG study* titled, “Shocks and Inflation”. The study is authored by Prof. M. Ramachandran, Pondicherry University and Shri Rakesh Kumar, Assistant Adviser, Reserve Bank of India. In general, shocks induced by supply side factors are believed to have no long-lasting impact on inflation. Therefore, inflation driven by supply shocks does not warrant any policy intervention. This DRG study documents empirical evi
Jul 06, 2023
DRG Study No. 49: Anatomy of Price Volatility Transmission in Indian Vegetables Market
Today the Reserve Bank of India released on its website the DRG Study1 titled, “Anatomy of Price Volatility Transmission in Indian Vegetables Market”. The study is co-authored by Puja Padhi, Himani Shekhar and Akanksha Handa. The study investigates the horizontal and vertical volatility transmission for three key vegetables viz., tomato, onion and potato (TOP). Horizontal volatility transmission relates to transmission from one vegetable to another, while vertical vol
Today the Reserve Bank of India released on its website the DRG Study1 titled, “Anatomy of Price Volatility Transmission in Indian Vegetables Market”. The study is co-authored by Puja Padhi, Himani Shekhar and Akanksha Handa. The study investigates the horizontal and vertical volatility transmission for three key vegetables viz., tomato, onion and potato (TOP). Horizontal volatility transmission relates to transmission from one vegetable to another, while vertical vol
Jan 17, 2023
DRG Study No. 48: Determinants of Financial Literacy and Financial Inclusion in North-Eastern Region of India: A Case Study of Mizoram
Today the Reserve Bank of India released on its website the DRG Study1 titled, “Determinants of Financial Literacy and Financial Inclusion in North-Eastern Region of India: A Case Study of Mizoram”. The study is co-authored by Bhartendu Singh, Raj Rajesh, Ramesh Golait and K. Samuel L. The study evaluates the determinants of financial inclusion and financial literacy in the under-banked north-eastern region of India based on primary data collected through a survey in
Today the Reserve Bank of India released on its website the DRG Study1 titled, “Determinants of Financial Literacy and Financial Inclusion in North-Eastern Region of India: A Case Study of Mizoram”. The study is co-authored by Bhartendu Singh, Raj Rajesh, Ramesh Golait and K. Samuel L. The study evaluates the determinants of financial inclusion and financial literacy in the under-banked north-eastern region of India based on primary data collected through a survey in
Jan 17, 2023
DRG Study No. 48: Determinants of Financial Literacy and Financial Inclusion in North-Eastern Region of India: A Case Study of Mizoram
Today the Reserve Bank of India released on its website the DRG Study1 titled, “Determinants of Financial Literacy and Financial Inclusion in North-Eastern Region of India: A Case Study of Mizoram”. The study is co-authored by Bhartendu Singh, Raj Rajesh, Ramesh Golait and K. Samuel L. The study evaluates the determinants of financial inclusion and financial literacy in the under-banked north-eastern region of India based on primary data collected through a survey in
Today the Reserve Bank of India released on its website the DRG Study1 titled, “Determinants of Financial Literacy and Financial Inclusion in North-Eastern Region of India: A Case Study of Mizoram”. The study is co-authored by Bhartendu Singh, Raj Rajesh, Ramesh Golait and K. Samuel L. The study evaluates the determinants of financial inclusion and financial literacy in the under-banked north-eastern region of India based on primary data collected through a survey in
May 24, 2021
DRG Study No. 46: Risk Premium Shocks and Business Cycle Outcomes in India
The Reserve Bank of India today released on its website the DRG Study* titled, “Risk Premium Shocks and Business Cycle Outcomes in India”. The study is co-authored by Dr. Shesadri Banerjee, Shri Jibin Jose, and Shri Radheshyam Verma. This study investigates the dynamic effects of financial shocks on the business cycle. Against the backdrop of high non-performing assets (NPAs) of banks, a financial shock is conceived to be a shock to the interest rate spread stemming f
The Reserve Bank of India today released on its website the DRG Study* titled, “Risk Premium Shocks and Business Cycle Outcomes in India”. The study is co-authored by Dr. Shesadri Banerjee, Shri Jibin Jose, and Shri Radheshyam Verma. This study investigates the dynamic effects of financial shocks on the business cycle. Against the backdrop of high non-performing assets (NPAs) of banks, a financial shock is conceived to be a shock to the interest rate spread stemming f
Mar 27, 2018
DRG Study No. 44: Role of Financial Frictions in Monetary Policy Transmission in India
The Reserve Bank of India today released on its website the DRG Study titled, “Role of Financial Frictions in Monetary Policy Transmission in India”. The study is co-authored by Dr. Shesadri Banerjee, Dr. Harendra Behera, Shri Sanjib Bordoloi and Shri Rakesh Kumar. The study developed a New Keynesian Dynamic Stochastic General Equilibrium (NK-DSGE) model with an imperfectly competitive banking sector and examined the role of various financial frictions in monetary pol
The Reserve Bank of India today released on its website the DRG Study titled, “Role of Financial Frictions in Monetary Policy Transmission in India”. The study is co-authored by Dr. Shesadri Banerjee, Dr. Harendra Behera, Shri Sanjib Bordoloi and Shri Rakesh Kumar. The study developed a New Keynesian Dynamic Stochastic General Equilibrium (NK-DSGE) model with an imperfectly competitive banking sector and examined the role of various financial frictions in monetary pol
Sep 12, 2017
DRG Study No. 43: Some Macroeconomic Impacts of Different Types of Public Expenditure in India - Analysis Using a Computable General Equilibrium Model
The Reserve Bank of India today released on its website the DRG study* titled, “Some Macroeconomic Impacts of Different Types of Public Expenditure in India - Analysis Using a Computable General Equilibrium Model”. The study is co-authored by Prof. A. Ganesh-Kumar, Bipul K. Ghosh, Khaijamang Mate and Prayag Singh Rawat. The study examines the impact of various types of government expenditure on Indian economy using a recursively dynamic computable general equilibrium
The Reserve Bank of India today released on its website the DRG study* titled, “Some Macroeconomic Impacts of Different Types of Public Expenditure in India - Analysis Using a Computable General Equilibrium Model”. The study is co-authored by Prof. A. Ganesh-Kumar, Bipul K. Ghosh, Khaijamang Mate and Prayag Singh Rawat. The study examines the impact of various types of government expenditure on Indian economy using a recursively dynamic computable general equilibrium
Sep 12, 2017
DRG Study No. 43: Some Macroeconomic Impacts of Different Types of Public Expenditure in India - Analysis Using a Computable General Equilibrium Model
The Reserve Bank of India today released on its website the DRG study* titled, “Some Macroeconomic Impacts of Different Types of Public Expenditure in India - Analysis Using a Computable General Equilibrium Model”. The study is co-authored by Prof. A. Ganesh-Kumar, Bipul K. Ghosh, Khaijamang Mate and Prayag Singh Rawat. The study examines the impact of various types of government expenditure on Indian economy using a recursively dynamic computable general equilibrium
The Reserve Bank of India today released on its website the DRG study* titled, “Some Macroeconomic Impacts of Different Types of Public Expenditure in India - Analysis Using a Computable General Equilibrium Model”. The study is co-authored by Prof. A. Ganesh-Kumar, Bipul K. Ghosh, Khaijamang Mate and Prayag Singh Rawat. The study examines the impact of various types of government expenditure on Indian economy using a recursively dynamic computable general equilibrium
Jan 29, 2016
DRG Study No. 41 - Trade Policy and Manufacturing Performance: Exploring the Level of Trade Openness in India’s Organised Manufacturing in the Period 1990-2010
The Reserve Bank of India today released on its website the DRG study* titled, “Trade Policy and Manufacturing Performance: Exploring the level of Trade Openness in India’s Organised Manufacturing in the period 1990-2010”. The study is authored by Dr. Deb Kusum Das, Department of Economics, Ramjas College, University of Delhi. The study covers the organised manufacturing sector and use-based sectors of organized manufacturing during the period 1990-91 to 2009-10. The
The Reserve Bank of India today released on its website the DRG study* titled, “Trade Policy and Manufacturing Performance: Exploring the level of Trade Openness in India’s Organised Manufacturing in the period 1990-2010”. The study is authored by Dr. Deb Kusum Das, Department of Economics, Ramjas College, University of Delhi. The study covers the organised manufacturing sector and use-based sectors of organized manufacturing during the period 1990-91 to 2009-10. The
Mar 04, 2014
DRG Study No. 40 - ‘A Study of Corporate Bond Market in India: Theoretical and Policy Implications’
The Reserve Bank of India today released on its website the DRG Study titled, “A Study of Corporate Bond Market in India: Theoretical and Policy Implications”. The study is co-authored by Prof. Sunder Raghavan, Professor of Finance, Embry-Riddle Aeronautical University; and Shri Ashok Sahoo, Director, Financial Stability Unit; Shri Angshuman Hait Assistant Adviser, Department of Statistics and Information Management; and Dr. Saurabh Ghosh, Assistant Adviser, Departmen
The Reserve Bank of India today released on its website the DRG Study titled, “A Study of Corporate Bond Market in India: Theoretical and Policy Implications”. The study is co-authored by Prof. Sunder Raghavan, Professor of Finance, Embry-Riddle Aeronautical University; and Shri Ashok Sahoo, Director, Financial Stability Unit; Shri Angshuman Hait Assistant Adviser, Department of Statistics and Information Management; and Dr. Saurabh Ghosh, Assistant Adviser, Departmen
Feb 18, 2013
DRG Study No. 39 - Modelling Currency Demand in India: An Empirical Study
The Reserve Bank of India released today the DRG Study titled, “Modelling Currency Demand in India: An Empirical Study”. The study is co-authored by Dr. D. M. Nachane, A. B. Chakraborty, A. K. Mitra and Sanjib Bordoloi. The main objective of the study was to examine evolving determinants of currency demand in the Indian context and develop a suitable framework for modelling currency demand at the aggregate level as well as for the denominational composition. Main feat
The Reserve Bank of India released today the DRG Study titled, “Modelling Currency Demand in India: An Empirical Study”. The study is co-authored by Dr. D. M. Nachane, A. B. Chakraborty, A. K. Mitra and Sanjib Bordoloi. The main objective of the study was to examine evolving determinants of currency demand in the Indian context and develop a suitable framework for modelling currency demand at the aggregate level as well as for the denominational composition. Main feat
Sep 20, 2012
DRG Study: Pricing of Paddy: A Case Study of Andhra Pradesh
The Reserve Bank released today the DRG Study on “Pricing of Paddy: A Case Study of Andhra Pradesh” authored by Dr. Ramana Murthy and Smt. Rekha Misra. From this DRG Study Series No. 38 onwards, Reserve Bank will be only web hosting the DRG Studies and no printed version will be made available. The main purpose of this Study was to look into, inter alia, the extent of the gap between minimum support price (MSP), the rate at which the farmer is able to sell the produce
The Reserve Bank released today the DRG Study on “Pricing of Paddy: A Case Study of Andhra Pradesh” authored by Dr. Ramana Murthy and Smt. Rekha Misra. From this DRG Study Series No. 38 onwards, Reserve Bank will be only web hosting the DRG Studies and no printed version will be made available. The main purpose of this Study was to look into, inter alia, the extent of the gap between minimum support price (MSP), the rate at which the farmer is able to sell the produce
Jun 17, 2011
RBI releases DRG Study on “Productivity, Efficiency and Competitiveness of the Indian Manufacturing Sector”
The Reserve Bank of India today released a DRG Study entitled, “Productivity, Efficiency and Competitiveness of the Indian Manufacturing Sector”. The study is co-authored by Prof. Pushpa Trivedi (Indian Institute of Technology Bombay), Shri L. Lakshmanan (Assistant Adviser, Internal Debt Management Department), Dr. Rajeev Jain (Assistant Adviser, Department of Economic and Policy Research) and Dr. Yogesh Kumar Gupta (Assistant Adviser, Department of Statistics and Inf
The Reserve Bank of India today released a DRG Study entitled, “Productivity, Efficiency and Competitiveness of the Indian Manufacturing Sector”. The study is co-authored by Prof. Pushpa Trivedi (Indian Institute of Technology Bombay), Shri L. Lakshmanan (Assistant Adviser, Internal Debt Management Department), Dr. Rajeev Jain (Assistant Adviser, Department of Economic and Policy Research) and Dr. Yogesh Kumar Gupta (Assistant Adviser, Department of Statistics and Inf
Jun 02, 2010
RBI releases DRG Study on “The Divisia Monetary Indices as Leading Indicators of Inflation”
The Reserve Bank of India today has released a DRG Study entitled, “The Divisia Monetary Indices as Leading Indicators of Inflation”. The study is co-authored by Prof. M. Ramachandran, Professor in the Department of Economics at the Pondicherry University, Shri Rajib Das, Director and Shri Binod B. Bhoi, Assistant Adviser, in the Department of Economic Analysis and Policy of the Reserve Bank. The study suggests that the Reserve Bank could closely observe the growth ra
The Reserve Bank of India today has released a DRG Study entitled, “The Divisia Monetary Indices as Leading Indicators of Inflation”. The study is co-authored by Prof. M. Ramachandran, Professor in the Department of Economics at the Pondicherry University, Shri Rajib Das, Director and Shri Binod B. Bhoi, Assistant Adviser, in the Department of Economic Analysis and Policy of the Reserve Bank. The study suggests that the Reserve Bank could closely observe the growth ra
May 17, 2010
RBI release DRG Study on “Regional Inequalities in India in the 1990s: Trends and Policy Implications”
The Reserve Bank of India today released a DRG Study entitled, ‘Regional Inequalities in India in the 1990s: Trends and Policy Implications’. The Study is co-authored by Dr. Nirvikar Singh, Professor, University of California, Santa Cruz, USA along with Mr. Jake Kendall, World Bank, Shri R. K. Jain, Director, DEAP and Dr. Jai Chander, Assistant Adviser, DEAP. There are concerns that the regional inequalities have accentuated in the post reform period. While several st
The Reserve Bank of India today released a DRG Study entitled, ‘Regional Inequalities in India in the 1990s: Trends and Policy Implications’. The Study is co-authored by Dr. Nirvikar Singh, Professor, University of California, Santa Cruz, USA along with Mr. Jake Kendall, World Bank, Shri R. K. Jain, Director, DEAP and Dr. Jai Chander, Assistant Adviser, DEAP. There are concerns that the regional inequalities have accentuated in the post reform period. While several st
Apr 21, 2010
DRG Study on “GDP-Indexed Bonds”
The Reserve Bank of India released a DRG Study entitled, “GDP-Indexed Bonds’. The Study is co-authored by Prof. Errol D’Souza, Professor, Indian Institute of Management, Ahmedabad along with Shri Sanjay Kumar, Assistant Adviser, IDMD, Dr. Kumarjit Mandal, former Research Officer, DEAP and Shri Vineet Virmani, Assistant Vice President, Quantitative Risk Team, Nomura Services India Ltd. After the wave of financial and debt crisis in a number of emerging markets in the 1
The Reserve Bank of India released a DRG Study entitled, “GDP-Indexed Bonds’. The Study is co-authored by Prof. Errol D’Souza, Professor, Indian Institute of Management, Ahmedabad along with Shri Sanjay Kumar, Assistant Adviser, IDMD, Dr. Kumarjit Mandal, former Research Officer, DEAP and Shri Vineet Virmani, Assistant Vice President, Quantitative Risk Team, Nomura Services India Ltd. After the wave of financial and debt crisis in a number of emerging markets in the 1
Feb 25, 2010
DRG Study on “Exchange Rate Policy and Modelling in India”
The Reserve Bank of India released a DRG Study entitled, “Exchange Rate Policy and Modelling in India’. The Study is co-authored by Prof. Pami Dua, Professor in the Department of Economics of Delhi School of Economics along with Dr. Rajiv Ranjan, Director in the Department of Economic Analysis and Policy of the Reserve Bank of India. The study covers two main topics: first, various aspects of economic policy with respect to the exchange rate and second, modelling and
The Reserve Bank of India released a DRG Study entitled, “Exchange Rate Policy and Modelling in India’. The Study is co-authored by Prof. Pami Dua, Professor in the Department of Economics of Delhi School of Economics along with Dr. Rajiv Ranjan, Director in the Department of Economic Analysis and Policy of the Reserve Bank of India. The study covers two main topics: first, various aspects of economic policy with respect to the exchange rate and second, modelling and
Sep 03, 2009
DRG Study on “Monetary Policy, Forex Markets and Feedback under Uncertainty in An Open Economy”
The Reserve Bank of India released a DRG Study entitled, “Monetary Policy, Forex Markets and Feedback under Uncertainty in An Open Economy”. The Study is co-authored by Prof. Ashima Goyal, Indira Gandhi Institute of Development Research along with staff members from the Reserve Bank (Shri Ayyappan Nair, Assistant General Manager, Financial Markets Department and Dr. Amaresh Samantaraya, Assistant Adviser, Department of Banking Supervision). The Study attempted to exam
The Reserve Bank of India released a DRG Study entitled, “Monetary Policy, Forex Markets and Feedback under Uncertainty in An Open Economy”. The Study is co-authored by Prof. Ashima Goyal, Indira Gandhi Institute of Development Research along with staff members from the Reserve Bank (Shri Ayyappan Nair, Assistant General Manager, Financial Markets Department and Dr. Amaresh Samantaraya, Assistant Adviser, Department of Banking Supervision). The Study attempted to exam
Aug 14, 2009
RBI Releases Two Studies - “Introducing Expenditure Quality in Intergovernmental Transfers: A triple-E Framework” and "An Outline of Post 2009 FRBM Fiscal Architecture of the Union Government in the Medium Term"
The Reserve Bank of India released today two studies - “Introducing Expenditure Quality in Intergovernmental Transfers: A triple-E Framework” and "An Outline of Post 2009 FRBM Fiscal Architecture of the Union Government in the Medium Term" relating to the terms of reference of the Thirteenth Finance Commission. The first study entitled “Introducing Expenditure Quality in Intergovernmental Transfers: A triple-E Framework” is co-authored by Prof. Mala Lalvani, Departmen
The Reserve Bank of India released today two studies - “Introducing Expenditure Quality in Intergovernmental Transfers: A triple-E Framework” and "An Outline of Post 2009 FRBM Fiscal Architecture of the Union Government in the Medium Term" relating to the terms of reference of the Thirteenth Finance Commission. The first study entitled “Introducing Expenditure Quality in Intergovernmental Transfers: A triple-E Framework” is co-authored by Prof. Mala Lalvani, Departmen
Aug 13, 2009
RBI Releases Study on "Strengthening Decentralisation - Augmenting the Consolidated fund of the States by the Thirteenth Finance Commission: A Normative Approach"
A Reserve Bank of India study, released today - "Strengthening Decentralisation - Augmenting the Consolidated fund of the States by the Thirteenth Finance Commission: A Normative Approach" relates to the terms of reference of the Thirteenth Finance Commission. The authors of the Study Shri Abhay Pethe, University of Mumbai along with research staff members from the Reserve Bank (Shri B.M. Misra, Adviser, DEAP and Kum. Rakhe P.B., Research Officer, DEAP) opine that the
A Reserve Bank of India study, released today - "Strengthening Decentralisation - Augmenting the Consolidated fund of the States by the Thirteenth Finance Commission: A Normative Approach" relates to the terms of reference of the Thirteenth Finance Commission. The authors of the Study Shri Abhay Pethe, University of Mumbai along with research staff members from the Reserve Bank (Shri B.M. Misra, Adviser, DEAP and Kum. Rakhe P.B., Research Officer, DEAP) opine that the
Jun 27, 2008
RBI Releases DRG Study on “Agricultural Growth in India since 1991”
[Note: Development Research Group (DRG) is constituted in the Reserve Bank's Department of Economic Analysis and Policy for undertaking effective policy-oriented research backed by strong analytical and empirical basis on subjects of current interests. The views expressed in these studies are those of the authors and do not reflect the views of the Reserve Bank]The Reserve Bank of India today published a Study entitled ‘Agricultural Growth in India since 1991’. The St
[Note: Development Research Group (DRG) is constituted in the Reserve Bank's Department of Economic Analysis and Policy for undertaking effective policy-oriented research backed by strong analytical and empirical basis on subjects of current interests. The views expressed in these studies are those of the authors and do not reflect the views of the Reserve Bank]The Reserve Bank of India today published a Study entitled ‘Agricultural Growth in India since 1991’. The St
Jan 14, 2008
RBI releases DRG Study on "Municipal Finance in India - An Assessment"
[Note: DRG is constituted in the Reserve Bank's Department of Economic Analysis and Policy for undertaking effective policy-oriented research backed by strong analytical and empirical basis on subjects of current interests. The views expressed in these studies are those of the authors and do not reflect the views of the Reserve Bank] The Reserve Bank of India (RBI) today published a Study entitled "Municipal Finance in India – An Assessment". The Study is co-authored
[Note: DRG is constituted in the Reserve Bank's Department of Economic Analysis and Policy for undertaking effective policy-oriented research backed by strong analytical and empirical basis on subjects of current interests. The views expressed in these studies are those of the authors and do not reflect the views of the Reserve Bank] The Reserve Bank of India (RBI) today published a Study entitled "Municipal Finance in India – An Assessment". The Study is co-authored
Jan 25, 2006
RBI study on Role of Bank lending channel in Transmission of Monetary Policy
The Reserve Bank of India has today published a study titled "Transmission of Monetary Policy and the Bank Lending Channel: Analysis and Evidence for India" co-authored by Prof. B.L.Pandit of Delhi School of Economics along with three internal team members under the aegis of the Development Research Group (DRG). The study attempts to characterise the process of monetary policy transmission in India and crystalise the role of bank lending channel, employing both publis
The Reserve Bank of India has today published a study titled "Transmission of Monetary Policy and the Bank Lending Channel: Analysis and Evidence for India" co-authored by Prof. B.L.Pandit of Delhi School of Economics along with three internal team members under the aegis of the Development Research Group (DRG). The study attempts to characterise the process of monetary policy transmission in India and crystalise the role of bank lending channel, employing both publis
Nov 20, 2003
DRG Study on "Interest Rate Modelling and Forecasting in India"
The Development Research Group (DRG) of the Reserve Bank of India has published a Study entitled "Interest Rate Modelling and Forecasting in India", the twenty-fourth in the DRG Study Series. The Study is authored by Dr. Pami Dua of the Delhi School of Economics and Smt. Nishita Raje and Dr. Satyananda Sahoo of the Department of Economic Analysis and Policy of the Reserve Bank. DRG Study Series have an accent on policy-oriented research. The studies are released for w
The Development Research Group (DRG) of the Reserve Bank of India has published a Study entitled "Interest Rate Modelling and Forecasting in India", the twenty-fourth in the DRG Study Series. The Study is authored by Dr. Pami Dua of the Delhi School of Economics and Smt. Nishita Raje and Dr. Satyananda Sahoo of the Department of Economic Analysis and Policy of the Reserve Bank. DRG Study Series have an accent on policy-oriented research. The studies are released for w
Mar 02, 2001
A Leading Index for Indian Exports
The Development Research Group (DRG) in the Reserve Bank of India has brought out a study entitled "A Leading Index for India's Exports", the twenty-third in the DRG Study Series. The Study is authored by Dr. Pami Dua of the Delhi School of Economics and Dr. Anirvan Banerji of the Economics Cycles Research Institute (ECRI), USA.The DRG Study Series have an accent on policy-oriented research. They are released for wide circulation with a view to generating constructive
The Development Research Group (DRG) in the Reserve Bank of India has brought out a study entitled "A Leading Index for India's Exports", the twenty-third in the DRG Study Series. The Study is authored by Dr. Pami Dua of the Delhi School of Economics and Dr. Anirvan Banerji of the Economics Cycles Research Institute (ECRI), USA.The DRG Study Series have an accent on policy-oriented research. They are released for wide circulation with a view to generating constructive
Sep 25, 2000
Capital Adequacy Requirements and the Behaviour of Commercial Banks in India : an Analytical and Empirical Study
The Development Research Group (DRG) in the Reserve Bank of India has brought out a study entitled "Capital Adequacy Requirements and the Behaviour of Commercial Banks in India : An Analytical and Empirical Study", the twenty-second in the DRG Study Series. The study is authored by Prof. D.M.Nachane, Shri Aditya Narain, Shri Saibal Ghosh and Shri Satyananda Sahoo.In the wake of the introduction of prudential regulation as an integral part of financial sector reforms i
The Development Research Group (DRG) in the Reserve Bank of India has brought out a study entitled "Capital Adequacy Requirements and the Behaviour of Commercial Banks in India : An Analytical and Empirical Study", the twenty-second in the DRG Study Series. The study is authored by Prof. D.M.Nachane, Shri Aditya Narain, Shri Saibal Ghosh and Shri Satyananda Sahoo.In the wake of the introduction of prudential regulation as an integral part of financial sector reforms i
Aug 31, 2000
Modernising Indian Agriculture: Priority Tasks and Critical Policies
The Development Research Group (DRG) in the Reserve Bank of India has brought out a study entitled "Modernising Indian Agriculture: Priority Tasks and Critical Policies". This is the twenty-first in the DRG Study Series. The study is authored by Prof. V. M. Rao and Dr P. D. Jeromi.The DRG Studies series have an accent on policy-oriented research. They are released for wide circulation with a view to generating constructive discussion among professional economists and
The Development Research Group (DRG) in the Reserve Bank of India has brought out a study entitled "Modernising Indian Agriculture: Priority Tasks and Critical Policies". This is the twenty-first in the DRG Study Series. The study is authored by Prof. V. M. Rao and Dr P. D. Jeromi.The DRG Studies series have an accent on policy-oriented research. They are released for wide circulation with a view to generating constructive discussion among professional economists and
Aug 30, 2000
DRG Study: Productivity in Major Manufacturing Industries in India: 1973-74 to 1997-98
The Development Research Group (DRG) in the Reserve Bank of India has brought out a study entitled "Productivity in Major Manufacturing Industries in India: 1973-74 to 1997-98". The twentieth in the DRG Study Series, this Study is authored by Prof. Pushpa Trivedi, Shri Anand Prakash and Shri David Sinate. The DRG Studies series have an accent on policy-oriented research. They are released for wide circulation with a view to generating constructive discussion among pro
The Development Research Group (DRG) in the Reserve Bank of India has brought out a study entitled "Productivity in Major Manufacturing Industries in India: 1973-74 to 1997-98". The twentieth in the DRG Study Series, this Study is authored by Prof. Pushpa Trivedi, Shri Anand Prakash and Shri David Sinate. The DRG Studies series have an accent on policy-oriented research. They are released for wide circulation with a view to generating constructive discussion among pro
Jun 22, 2000
Bond Financing and Debt Stability: Theoretical Issues and Empirical Analysis for India
The Development Research Group (DRG) in the Reserve Bank of India has brought out a study entitled "Bond Financing and Debt Stability: Theoretical Issues and Empirical Analysis for India", (Part 1 and Part 2). the nineteenth in the DRG Study Series. The Study is authored by Prof. Vivek Moorthy, Shri Bhupal Singh and Dr. Sarat Chandra Dhal.The DRG Studies series have an accent on policy-oriented research. They are released for wide circulation with a view to generating
The Development Research Group (DRG) in the Reserve Bank of India has brought out a study entitled "Bond Financing and Debt Stability: Theoretical Issues and Empirical Analysis for India", (Part 1 and Part 2). the nineteenth in the DRG Study Series. The Study is authored by Prof. Vivek Moorthy, Shri Bhupal Singh and Dr. Sarat Chandra Dhal.The DRG Studies series have an accent on policy-oriented research. They are released for wide circulation with a view to generating
Jun 21, 1999
DRG Study No. 18: Portfolio Selection for Management of Foreign Exchange Reserves
Dec 10, 1998
DRG Study No. 17: The Impact of the Uruguay Round on Growth and Structure of Indian Economy
Apr 16, 1998
DRG Study No. 16: Dynamics of Inflation in India: A Neural Network Approach
Aug 30, 1996
DRG Study No. 14: Foreign Collaboration Under Liberalisation Policy: Patterns of FDI and Technology - transfer in Indian Industry since 1991
Jul 22, 1996
DRG Study No. 13: Money Demand Stability : Myth or Reality - An Econometric Analysis
Jan 18, 1995
DRG Study No. 10: Analytical Foundations of Financial Programming and Growth Oriented Adjustment
Apr 20, 1994
DRG Study No. 8: Stabilisation Policy Option : A Macro - econometric Analysis
Jul 23, 1993
DRG Study No. 7: Bridging the Technology-Gap: How Dynamic and far sighted is the Indian Corporate Sector?
May 27, 1993
DRG Study No. 6: Social Sector Expenditures and Human Development: A Study of Indian States
Feb 10, 1993
DRG Study No. 5: Agricultural Policy in India - Context, Issues and Instruments
Apr 21, 1992
DRG Study No. 3: Gold Mobilisation as an Instrument of External Adjustment
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Page Last Updated on: January 18, 2023
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