Religiosity, borrower gender and loan losses in microfinance institutions: a global evidence

Bank Capital, Borrower Power, and Loan Rates

We test the predictions of several recent theories of how bank capital affects the rates that banks charge their borrowers. Key to all these theories is the notion that the relative bargaining power of a bank and its borrower are critical. We find that banks with low capital are more sensitive to borrower cash flow than are banks with high capital: lowcapital banks charge relatively more for bo...

Performance Analysis of Banks and Microfinance Institutions in India

Present paper intends to measure the determinants of performance of Indian financial sector. The performance variables of banking sector and microfinance institutions in India are studied over a study period of six years i.e. 2006-07 to 2011-12. The financial sector of India is gaining strength over the years and its contribution to growth is overwhelming. Banks are considered the main componen...

Certification and Borrower Outcomes: Evidence from the Introduction of Bank Loan Ratings

I exploit the introduction of syndicated bank loan ratings by Moody’s and Standard & Poor’s in 1995 to examine (a) which firms value certification by a third-party ratings agency, and (b) the effects of certification on financial and real outcomes of borrowers. I find evidence that larger and younger borrowers are more likely to obtain bank loan ratings, but only if they do not have a credit ra...

Role of Microfinance Institutions in Women Empowerment

The present study titled “Role of Microfinance Institutions in Women Empowerment” was conducted in Punjab state of India with the objective to study the role played by microfinance institutions in empowering women. The study was conducted with the scientific approach i.e deductive approach & inductive approach and the study found that the availability of basic services to the members was consid...

Modeling loan losses a macroeconomic approach