Finance buisness blog
Banks worldwide and especially in India and other developing economies are burdened with Non-Performing Assets (NPA). The provisioning requirements put a huge burden on the banks and financial institutions to closely monitor their assets and take preventive steps to recover, monitor and prevent defaults in this area on a proactive basis. There is also a […]
Best Practices For Upgrading Your Core Banking Solution A core banking upgrade is no easy task to deal with, and bankers sometimes liken these system migrations to open heart surgeries. This clearly indicates how tough these upgrades can end up being, and how critical a smooth migration is to the regular operations of the bank. […]
How is household consumption affected by borrowing constraints in the mortgage market? In a new paper, we answer this question by studying the United Kingdom’s Help-to-Buy (HTB) program over 2014–16. The program facilitated home purchases with only a 5% down payment and resulted in a sharp relaxation of the down payment constraint. We show that HTB boosted household […]
Small and medium-size firms (SMEs) have been a subject of great interest to scholars and policy makers, as these enterprises play a critical role in the provision of employment around the globe (Ayyagari et al. 2011). However, the ability of SMEs to create jobs is hampered by their limited access to adequate finance, particularly in […]
As World Bank economists, we are often asked to advise in situations where dual exchange rate systems in a client country become a major distortion, whether in the implementation of World Bank operations or overall macroeconomic management. Devaluation with the objective of unification of multiple exchange rates is usually part of the solution, but the […]
