The researcher studied about what NABARD is, the major activities are done by NABARD. The researcher also focused on the credit facilities offered by the NABARD. The researcher worked on the following objectives. 1) Finding out the most important credit issue faced by NABARD. 2) To understand the various credit facilities offered by NABARD. 3)The researcher will also study the major activities ...

This paper considers a developing nation that faces a foreign exchange shortage and hence its demand for foreign goods is limited both by its income and its foreign exchange balance. Availability of international credit relaxes the second constraint. We develop a simple model of strategic interaction between lending institutions and firms, and show that the availability of international credit ...

Much of the existing literature in small and medium-sized enterprise (SME) finance surveys the impact of borrower and lender characteristics on firms’ credit availability, and it has already been established that there is a positive link between the strength of firm-bank relationship and the level of credit availability. In this paper, I focus on what determines the strength of relationship, me...

This paper investigates empirically the theoretical motivations for the use of trade credit by firms for purchases. The extent to which trade credit is used for purchases and the accounts payable to total assets ratio, i.e. the demand for trade credit, are modelled here as a function of transaction costs motivations, financing motivations, operational considerations, seller compliance issues, s...

a r t i c l e i n f o JEL classification: D42 F21 F22 O17 Keywords: Informal credit Formal credit Moneylender Foreign capital Emigration General equilibrium This paper makes an attempt to provide a theory of determination of interest rate in the informal credit market in a less developed economy in terms of a three-sector static deterministic general equilibrium model. There are two informal se...

This paper studies how consumer spending, debt, and labor supply decisions respond to an exogenous shock to credit availability. I design and implement a randomized trial at a European retail bank where I deliberately vary the credit card limits of 54,522 pre-existing card holders. I obtain four empirical results: (1) credit availability has a large and significant effect on spending and the us...

During 2005 approximately 2,500 MW of wind capacity was added in the United States, which brought installed wind capacity to about 9,150 MW. Although the total wind capacity in the United States is less than in some countries, wind energy has caught the attention of some utilities that depend on natural gas to generate power. There is evidence that wind development will continue at significant ...