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Role of Banks Credit in Economic Growth: A Study with Special Reference to North East India

Author

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  • Raveesh Krishnankutty

    () (Management Research Scholar, ICFAI University Tripura)

Abstract

The study is attempted to see the relationship between banks credit and economic growth in North East India. In case of economic development North East India is still in back compared with other sates of India. Using the panel data for North East India from 1999- 2007 the study found that banks credit to different segments of North East India doesn’t have much impact on economic growth. The main reason for this is mainly because of default in payment and lack of monitoring by the authorities.

Suggested Citation

  • Raveesh Krishnankutty, 2011. "Role of Banks Credit in Economic Growth: A Study with Special Reference to North East India," Economic Research Guardian, Weissberg Publishing, vol. 1(2), pages 60-71, December.
  • Handle: RePEc:wei:journl:v:1:y:2011:i:2:p:60-71
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    Cited by:

    1. Aušrinė Lakštutienė & Aida Barkauskaitė, 2016. "Evaluation of relationship between banks lending activities and the economies in Baltic countries," Copernican Journal of Finance & Accounting, Uniwersytet Mikolaja Kopernika, vol. 5(1), pages 141-156.

    More about this item

    Keywords

    Economic growth; Panel data; Bank credit; North East India; Economic development;

    JEL classification:

    • C33 - Mathematical and Quantitative Methods - - Multiple or Simultaneous Equation Models; Multiple Variables - - - Models with Panel Data; Spatio-temporal Models
    • F43 - International Economics - - Macroeconomic Aspects of International Trade and Finance - - - Economic Growth of Open Economies
    • O12 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Microeconomic Analyses of Economic Development

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