NO : WP-2017-014 AUTHOR : Ashima Goyal and Akhilesh Verma TITLE :Slowdown in bank credit growth: Aggregate demand or bank non-performing assets? ABSTRACT : This paper tests the bank lending channel against the aggregate demand channel as an explanation for slow credit growth by estimating the determinants of credit and of non- … Continue reading IGIDR Working Paper: Slowdown in bank credit growth: Aggregate demand or bank non-performing assets ?