Systemic Risk in Indian Banking: Measurement and Impact of COVID-19

Kalpakam G and Krina Trivedi
Additional contact information
Kalpakam G: K J Somaiya Institute of Management, Vidyavihar, Mumbai, India
Krina Trivedi: K J Somaiya Institute of Management, Vidyavihar, Mumbai, India

Economics and Applied Informatics, 2021, issue 1, 143-151

Abstract: This study examines the systemic risk in the Indian banking system using two models. The systemic risk cube explains the importance of measuring systemic risk in a scenario like contagion and systemic risk measurement index SRISK as proposed by NYU stern. Measurement of SRISK is done for two time-periods: before COVID-19 i.e. February 2020 and after COVID-19 i.e. February 2021. The findings show that the COVID-19 pandemic has not shown increase in SRISK considerably unlike 2009 crisis when the SRISK increased considerably, causing an economic downturn. The banking system remains a vital part for economic stability and studying the financial system to scale its impact on the economy during extreme events like in a pandemic remains an unflinching necessity of the time.

Keywords: Risks in Banking; SRISK; Economic Stability (search for similar items in EconPapers)
Date: 2021
References: View references in EconPapers View complete reference list from CitEc
Citations:

Downloads: (external link)
http://www.eia.feaa.ugal.ro/images/eia/2021_1/Kalpakam_Trivedi.pdf (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:ddj:fseeai:y:2021:i:1:p:143-151

DOI: 10.35219/eai15840409177

Access Statistics for this article

More articles in Economics and Applied Informatics from "Dunarea de Jos" University of Galati, Faculty of Economics and Business Administration Contact information at EDIRC.
Bibliographic data for series maintained by Gianina Mihai ().