Trust Informality in the Indian Credit Market A Snapshot from Recent Data

Atanu Sengupta () and Sanjoy de ()
Additional contact information
Atanu Sengupta: Professor Department of Economics Burdwan University Burdwan WB India, Postal: IN
Sanjoy de: Research Scholar Department of Economics Burdwan University Burdwan WB India, Postal: IN

Journal of Advanced Studies in Finance, 2018, vol. 9, issue 2, 76-84

Abstract: Credit is very important in the lives of the poor people The benefits of credit are manifold Even after more than six and a half decade since independence the extent and importance of informal credit have not diminished to a great degree in India This paper aims at to understand the significance of personalized relations in the working of the informal credit market with the help of the All Indian Debt and Investment survey data Our analysis shows that there is distinct compartmentalization of the Indian credit market with respect to the disbursement of loan from various credit agencies Each of these categories of credit agencies has some definite target group to cater to Apart from this clear division of loaning pattern the importance of trust personalized knowledge and mutual co operation in the informal credit market has also been observed

Date: 2018
References: Add references at CitEc
Citations:

There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.

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:srs:jasf00:v:9:y:2018:i:2:p:76-84

Access Statistics for this article

Journal of Advanced Studies in Finance is currently edited by Laura GAVRILĂ (formerly Ştefănescu)

More articles in Journal of Advanced Studies in Finance from ASERS Publishing
Bibliographic data for series maintained by Claudiu Popirlan ( this e-mail address is bad, please contact ).