000			01370nam a22001697a 4500
999			_c510266 _d510266
008			190808b ||||| |||| 00| 0 eng d
100			_aSarkar, Sanjukta _97976
245			_aRisk-taking channel of monetary policy: evidence from Indian banking
260			_c2019
300			_ap.1-20.
520			_aSome recent articles have studied the link between the central bank’s monetary policy stance and the risk-taking behaviour of banks in the context of advanced economies. Loose monetary policy can encourage banks to reach for yield, which will increase their share of risky assets, and also induce them to use more short-term funding. We empirically examine the existence of this risk-taking channel of monetary policy transmission in India. We find that expansionary monetary policy may increase default risk particularly for foreign banks and new private sector banks. We also find that tightening of monetary policy leads to lower liquidity risk and market risk and the effects are stronger for foreign banks than for other bank groups. In terms of market risk, the effect on foreign banks is weaker in cases of monetary tightening compared to expansion. - Reproduced.
650			_aBanks and banking - India _97970
700			_aSensarma, Rudra _97971
773			_aMargin- The Journal of Applied Economic Research
906			_aMonetary policy
942			_cAR