Publications | CAFRAL

Skip to main content

Navigation Bar

About Us

About Us

India’s leading institution for research and learning in finance and economics, promoted by the Reserve Bank of India
In this Section

Governing Council

Join Us

Gallery

CAFRAL Team

Newsletters

Annual Reports

Learning

Learning

CAFRAL’s Learning mandate is to empower senior financial sector professionals to dissect the complexities in financial markets for proactive risk management.
In this Section

Learning Team

Learning Events

Research

Research

At CAFRAL, we push the boundaries of research in finance and economics to address the evolving challenges to the Indian economy for a ‘Viksit Bharat’ well before 2047.
In this Section

Research Team

Research Events

Conferences

Publications

Speeches

search

Search

clear search

Entries per page

Past Searches

No recent searches

Trending Searches

events

learning team

Useful Links

upcoming events

research

learning

Error message

Warning: Undefined array key "type" in Drupal\views\Plugin\views\filter\Date->acceptExposedInput() (line 128 of core/modules/views/src/Plugin/views/filter/Date.php).

Drupal\views\Plugin\views\filter\Date->acceptExposedInput() (Line: 184)
Drupal\views\Form\ViewsExposedForm->submitForm()
call_user_func_array() (Line: 105)
Drupal\Core\Form\FormSubmitter->executeSubmitHandlers() (Line: 43)
Drupal\Core\Form\FormSubmitter->doSubmitForm() (Line: 589)
Drupal\Core\Form\FormBuilder->processForm() (Line: 321)
Drupal\Core\Form\FormBuilder->buildForm() (Line: 134)
Drupal\views\Plugin\views\exposed_form\ExposedFormPluginBase->renderExposedForm() (Line: 2672)
Drupal\views\Plugin\views\display\DisplayPluginBase->viewExposedFormBlocks() (Line: 37)
Drupal\views\Plugin\Block\ViewsExposedFilterBlock->build() (Line: 138)
Drupal\twig_tweak\View\BlockViewBuilder->build() (Line: 150)
Drupal\twig_tweak\TwigTweakExtension::drupalBlock() (Line: 66)
__TwigTemplate_98602a93a3a6a887c40e98e988b31014->doDisplay() (Line: 388)
Twig\Template->yield() (Line: 344)
Twig\Template->display() (Line: 359)
Twig\Template->render() (Line: 51)
Twig\TemplateWrapper->render() (Line: 33)
twig_render_template() (Line: 348)
Drupal\Core\Theme\ThemeManager->render() (Line: 446)
Drupal\Core\Render\Renderer->doRender() (Line: 203)
Drupal\Core\Render\Renderer->render() (Line: 238)
Drupal\Core\Render\MainContent\HtmlRenderer->Drupal\Core\Render\MainContent\{closure}() (Line: 593)
Drupal\Core\Render\Renderer->executeInRenderContext() (Line: 231)
Drupal\Core\Render\MainContent\HtmlRenderer->prepare() (Line: 128)
Drupal\Core\Render\MainContent\HtmlRenderer->renderResponse() (Line: 90)
Drupal\Core\EventSubscriber\MainContentViewSubscriber->onViewRenderArray() (Line: 246)
Symfony\Component\EventDispatcher\EventDispatcher::Symfony\Component\EventDispatcher\{closure}() (Line: 206)
Symfony\Component\EventDispatcher\EventDispatcher->callListeners() (Line: 56)
Symfony\Component\EventDispatcher\EventDispatcher->dispatch() (Line: 188)
Symfony\Component\HttpKernel\HttpKernel->handleRaw() (Line: 76)
Symfony\Component\HttpKernel\HttpKernel->handle() (Line: 53)
Drupal\Core\StackMiddleware\Session->handle() (Line: 48)
Drupal\Core\StackMiddleware\KernelPreHandle->handle() (Line: 28)
Drupal\Core\StackMiddleware\ContentLength->handle() (Line: 32)
Drupal\big_pipe\StackMiddleware\ContentLength->handle() (Line: 201)
Drupal\page_cache\StackMiddleware\PageCache->fetch() (Line: 138)
Drupal\page_cache\StackMiddleware\PageCache->lookup() (Line: 87)
Drupal\page_cache\StackMiddleware\PageCache->handle() (Line: 50)
Drupal\ban\BanMiddleware->handle() (Line: 48)
Drupal\Core\StackMiddleware\ReverseProxyMiddleware->handle() (Line: 51)
Drupal\Core\StackMiddleware\NegotiationMiddleware->handle() (Line: 36)
Drupal\Core\StackMiddleware\AjaxPageState->handle() (Line: 49)
Drupal\remove_http_headers\StackMiddleware\RemoveHttpHeadersMiddleware->handle() (Line: 51)
Drupal\Core\StackMiddleware\StackedHttpKernel->handle() (Line: 709)
Drupal\Core\DrupalKernel->handle() (Line: 25)

Warning: Undefined array key "value" in Drupal\views\Plugin\views\filter\NumericFilter->acceptExposedInput() (line 448 of core/modules/views/src/Plugin/views/filter/NumericFilter.php).

Drupal\views\Plugin\views\filter\NumericFilter->acceptExposedInput() (Line: 134)
Drupal\views\Plugin\views\filter\Date->acceptExposedInput() (Line: 184)
Drupal\views\Form\ViewsExposedForm->submitForm()
call_user_func_array() (Line: 105)
Drupal\Core\Form\FormSubmitter->executeSubmitHandlers() (Line: 43)
Drupal\Core\Form\FormSubmitter->doSubmitForm() (Line: 589)
Drupal\Core\Form\FormBuilder->processForm() (Line: 321)
Drupal\Core\Form\FormBuilder->buildForm() (Line: 134)
Drupal\views\Plugin\views\exposed_form\ExposedFormPluginBase->renderExposedForm() (Line: 2672)
Drupal\views\Plugin\views\display\DisplayPluginBase->viewExposedFormBlocks() (Line: 37)
Drupal\views\Plugin\Block\ViewsExposedFilterBlock->build() (Line: 138)
Drupal\twig_tweak\View\BlockViewBuilder->build() (Line: 150)
Drupal\twig_tweak\TwigTweakExtension::drupalBlock() (Line: 66)
__TwigTemplate_98602a93a3a6a887c40e98e988b31014->doDisplay() (Line: 388)
Twig\Template->yield() (Line: 344)
Twig\Template->display() (Line: 359)
Twig\Template->render() (Line: 51)
Twig\TemplateWrapper->render() (Line: 33)
twig_render_template() (Line: 348)
Drupal\Core\Theme\ThemeManager->render() (Line: 446)
Drupal\Core\Render\Renderer->doRender() (Line: 203)
Drupal\Core\Render\Renderer->render() (Line: 238)
Drupal\Core\Render\MainContent\HtmlRenderer->Drupal\Core\Render\MainContent\{closure}() (Line: 593)
Drupal\Core\Render\Renderer->executeInRenderContext() (Line: 231)
Drupal\Core\Render\MainContent\HtmlRenderer->prepare() (Line: 128)
Drupal\Core\Render\MainContent\HtmlRenderer->renderResponse() (Line: 90)
Drupal\Core\EventSubscriber\MainContentViewSubscriber->onViewRenderArray() (Line: 246)
Symfony\Component\EventDispatcher\EventDispatcher::Symfony\Component\EventDispatcher\{closure}() (Line: 206)
Symfony\Component\EventDispatcher\EventDispatcher->callListeners() (Line: 56)
Symfony\Component\EventDispatcher\EventDispatcher->dispatch() (Line: 188)
Symfony\Component\HttpKernel\HttpKernel->handleRaw() (Line: 76)
Symfony\Component\HttpKernel\HttpKernel->handle() (Line: 53)
Drupal\Core\StackMiddleware\Session->handle() (Line: 48)
Drupal\Core\StackMiddleware\KernelPreHandle->handle() (Line: 28)
Drupal\Core\StackMiddleware\ContentLength->handle() (Line: 32)
Drupal\big_pipe\StackMiddleware\ContentLength->handle() (Line: 201)
Drupal\page_cache\StackMiddleware\PageCache->fetch() (Line: 138)
Drupal\page_cache\StackMiddleware\PageCache->lookup() (Line: 87)
Drupal\page_cache\StackMiddleware\PageCache->handle() (Line: 50)
Drupal\ban\BanMiddleware->handle() (Line: 48)
Drupal\Core\StackMiddleware\ReverseProxyMiddleware->handle() (Line: 51)
Drupal\Core\StackMiddleware\NegotiationMiddleware->handle() (Line: 36)
Drupal\Core\StackMiddleware\AjaxPageState->handle() (Line: 49)
Drupal\remove_http_headers\StackMiddleware\RemoveHttpHeadersMiddleware->handle() (Line: 51)
Drupal\Core\StackMiddleware\StackedHttpKernel->handle() (Line: 709)
Drupal\Core\DrupalKernel->handle() (Line: 25)

Warning: Undefined array key "type" in Drupal\views\Plugin\views\filter\Date->acceptExposedInput() (line 128 of core/modules/views/src/Plugin/views/filter/Date.php).

Drupal\views\Plugin\views\filter\Date->acceptExposedInput() (Line: 184)
Drupal\views\Form\ViewsExposedForm->submitForm()
call_user_func_array() (Line: 105)
Drupal\Core\Form\FormSubmitter->executeSubmitHandlers() (Line: 43)
Drupal\Core\Form\FormSubmitter->doSubmitForm() (Line: 589)
Drupal\Core\Form\FormBuilder->processForm() (Line: 321)
Drupal\Core\Form\FormBuilder->buildForm() (Line: 134)
Drupal\views\Plugin\views\exposed_form\ExposedFormPluginBase->renderExposedForm() (Line: 1298)
Drupal\views\ViewExecutable->build() (Line: 1451)
Drupal\views\ViewExecutable->execute() (Line: 1514)
Drupal\views\ViewExecutable->render() (Line: 2493)
Drupal\views\Plugin\views\display\DisplayPluginBase->preview() (Line: 1722)
Drupal\views\ViewExecutable->preview() (Line: 66)
Drupal\views\Element\View::preRenderViewElement()
call_user_func_array() (Line: 107)
Drupal\Core\Render\Renderer->doTrustedCallback() (Line: 830)
Drupal\Core\Render\Renderer->doCallback() (Line: 387)
Drupal\Core\Render\Renderer->doRender() (Line: 203)
Drupal\Core\Render\Renderer->render() (Line: 484)
Drupal\Core\Template\TwigExtension->escapeFilter() (Line: 83)
__TwigTemplate_98602a93a3a6a887c40e98e988b31014->doDisplay() (Line: 388)
Twig\Template->yield() (Line: 344)
Twig\Template->display() (Line: 359)
Twig\Template->render() (Line: 51)
Twig\TemplateWrapper->render() (Line: 33)
twig_render_template() (Line: 348)
Drupal\Core\Theme\ThemeManager->render() (Line: 446)
Drupal\Core\Render\Renderer->doRender() (Line: 203)
Drupal\Core\Render\Renderer->render() (Line: 238)
Drupal\Core\Render\MainContent\HtmlRenderer->Drupal\Core\Render\MainContent\{closure}() (Line: 593)
Drupal\Core\Render\Renderer->executeInRenderContext() (Line: 231)
Drupal\Core\Render\MainContent\HtmlRenderer->prepare() (Line: 128)
Drupal\Core\Render\MainContent\HtmlRenderer->renderResponse() (Line: 90)
Drupal\Core\EventSubscriber\MainContentViewSubscriber->onViewRenderArray() (Line: 246)
Symfony\Component\EventDispatcher\EventDispatcher::Symfony\Component\EventDispatcher\{closure}() (Line: 206)
Symfony\Component\EventDispatcher\EventDispatcher->callListeners() (Line: 56)
Symfony\Component\EventDispatcher\EventDispatcher->dispatch() (Line: 188)
Symfony\Component\HttpKernel\HttpKernel->handleRaw() (Line: 76)
Symfony\Component\HttpKernel\HttpKernel->handle() (Line: 53)
Drupal\Core\StackMiddleware\Session->handle() (Line: 48)
Drupal\Core\StackMiddleware\KernelPreHandle->handle() (Line: 28)
Drupal\Core\StackMiddleware\ContentLength->handle() (Line: 32)
Drupal\big_pipe\StackMiddleware\ContentLength->handle() (Line: 201)
Drupal\page_cache\StackMiddleware\PageCache->fetch() (Line: 138)
Drupal\page_cache\StackMiddleware\PageCache->lookup() (Line: 87)
Drupal\page_cache\StackMiddleware\PageCache->handle() (Line: 50)
Drupal\ban\BanMiddleware->handle() (Line: 48)
Drupal\Core\StackMiddleware\ReverseProxyMiddleware->handle() (Line: 51)
Drupal\Core\StackMiddleware\NegotiationMiddleware->handle() (Line: 36)
Drupal\Core\StackMiddleware\AjaxPageState->handle() (Line: 49)
Drupal\remove_http_headers\StackMiddleware\RemoveHttpHeadersMiddleware->handle() (Line: 51)
Drupal\Core\StackMiddleware\StackedHttpKernel->handle() (Line: 709)
Drupal\Core\DrupalKernel->handle() (Line: 25)

Warning: Undefined array key "value" in Drupal\views\Plugin\views\filter\NumericFilter->acceptExposedInput() (line 448 of core/modules/views/src/Plugin/views/filter/NumericFilter.php).

Drupal\views\Plugin\views\filter\NumericFilter->acceptExposedInput() (Line: 134)
Drupal\views\Plugin\views\filter\Date->acceptExposedInput() (Line: 184)
Drupal\views\Form\ViewsExposedForm->submitForm()
call_user_func_array() (Line: 105)
Drupal\Core\Form\FormSubmitter->executeSubmitHandlers() (Line: 43)
Drupal\Core\Form\FormSubmitter->doSubmitForm() (Line: 589)
Drupal\Core\Form\FormBuilder->processForm() (Line: 321)
Drupal\Core\Form\FormBuilder->buildForm() (Line: 134)
Drupal\views\Plugin\views\exposed_form\ExposedFormPluginBase->renderExposedForm() (Line: 1298)
Drupal\views\ViewExecutable->build() (Line: 1451)
Drupal\views\ViewExecutable->execute() (Line: 1514)
Drupal\views\ViewExecutable->render() (Line: 2493)
Drupal\views\Plugin\views\display\DisplayPluginBase->preview() (Line: 1722)
Drupal\views\ViewExecutable->preview() (Line: 66)
Drupal\views\Element\View::preRenderViewElement()
call_user_func_array() (Line: 107)
Drupal\Core\Render\Renderer->doTrustedCallback() (Line: 830)
Drupal\Core\Render\Renderer->doCallback() (Line: 387)
Drupal\Core\Render\Renderer->doRender() (Line: 203)
Drupal\Core\Render\Renderer->render() (Line: 484)
Drupal\Core\Template\TwigExtension->escapeFilter() (Line: 83)
__TwigTemplate_98602a93a3a6a887c40e98e988b31014->doDisplay() (Line: 388)
Twig\Template->yield() (Line: 344)
Twig\Template->display() (Line: 359)
Twig\Template->render() (Line: 51)
Twig\TemplateWrapper->render() (Line: 33)
twig_render_template() (Line: 348)
Drupal\Core\Theme\ThemeManager->render() (Line: 446)
Drupal\Core\Render\Renderer->doRender() (Line: 203)
Drupal\Core\Render\Renderer->render() (Line: 238)
Drupal\Core\Render\MainContent\HtmlRenderer->Drupal\Core\Render\MainContent\{closure}() (Line: 593)
Drupal\Core\Render\Renderer->executeInRenderContext() (Line: 231)
Drupal\Core\Render\MainContent\HtmlRenderer->prepare() (Line: 128)
Drupal\Core\Render\MainContent\HtmlRenderer->renderResponse() (Line: 90)
Drupal\Core\EventSubscriber\MainContentViewSubscriber->onViewRenderArray() (Line: 246)
Symfony\Component\EventDispatcher\EventDispatcher::Symfony\Component\EventDispatcher\{closure}() (Line: 206)
Symfony\Component\EventDispatcher\EventDispatcher->callListeners() (Line: 56)
Symfony\Component\EventDispatcher\EventDispatcher->dispatch() (Line: 188)
Symfony\Component\HttpKernel\HttpKernel->handleRaw() (Line: 76)
Symfony\Component\HttpKernel\HttpKernel->handle() (Line: 53)
Drupal\Core\StackMiddleware\Session->handle() (Line: 48)
Drupal\Core\StackMiddleware\KernelPreHandle->handle() (Line: 28)
Drupal\Core\StackMiddleware\ContentLength->handle() (Line: 32)
Drupal\big_pipe\StackMiddleware\ContentLength->handle() (Line: 201)
Drupal\page_cache\StackMiddleware\PageCache->fetch() (Line: 138)
Drupal\page_cache\StackMiddleware\PageCache->lookup() (Line: 87)
Drupal\page_cache\StackMiddleware\PageCache->handle() (Line: 50)
Drupal\ban\BanMiddleware->handle() (Line: 48)
Drupal\Core\StackMiddleware\ReverseProxyMiddleware->handle() (Line: 51)
Drupal\Core\StackMiddleware\NegotiationMiddleware->handle() (Line: 36)
Drupal\Core\StackMiddleware\AjaxPageState->handle() (Line: 49)
Drupal\remove_http_headers\StackMiddleware\RemoveHttpHeadersMiddleware->handle() (Line: 51)
Drupal\Core\StackMiddleware\StackedHttpKernel->handle() (Line: 709)
Drupal\Core\DrupalKernel->handle() (Line: 25)

Home
Publications

Publications

Search Publications

Combine fields filter

Paper Types

Authors

Financial Year

Financial Year

2026-27

2025-26

2024-25

2023-24

2022-23

2021-22

2020-21

2019-20

2018-19

2017-18

2016-17

2015-16

2014-15

2013-14

2012-13

2011-12

clear search

Please enter a keyword to search.

83 items found

September 03, 2025

Research Paper

Food, Fuel, And Facts: Distributional Effects Of Global Price Shocks

Saroj Bhattarai , Dr. Arpita Chatterjee, Dr. Gautham Udupa

View Paper

September 03, 2025

Research Paper

Optimal Deposit Insurance In A Macroeconomic Model With Runs

Dr. Vedant Agarwal

View Paper

September 03, 2025

Research Paper

Do Creditor Rights Reduce Tunneling? Evidence From India’S Bankruptcy Law Reforms

Prasanna Gai, Akshat Singh , Asha Sundaram, Dr. Gautham Udupa

View Paper

September 03, 2025

Research Paper

Climate Conscious Investors, Carbon Disclosures, And Efficiency

Dr. Vedant Agarwal, Javier Suarez

View Paper

September 03, 2025

Research Paper

Stagnant Manufacturing In India: The Role Of TFP And Trade

Dr. Meenakshi Shekhar

View Paper

September 03, 2025

Research Paper

Sluggish Growth Or Premature Decline? A Comparative Study Of Indian Industrialization With China

Dr. Meenakshi Shekhar

View Paper

August 19, 2025

Research Paper

Removing Small-Scale Reservations And Quality Upgradation: Evidence From India

Kamalesh Pahurkar, Dr. Vidhya Soundararajan

View Paper

August 18, 2025

Research Paper

Electoral Incentives And Educational Outcomes: Evidence From High-Stakes Examinations In India

Tiesta Thakur, Dr. Kaushalendra Kishore

View Paper

July 15, 2025

Research Paper

Open Payment Infrastructure And Market Participation: The Role Of Interoperability In Financial Inclusion

Meghana Ayyagari, Yuxi (Lance) Cheng, Pulak Ghosh , Dr. Nirupama Kulkarni

View Paper

May 26, 2025

Research Paper

Financial Repression, Deposit Rate Deregulation, And Bank Market Power

Dr. Yogeshwar Bharat, Subhadeep Halder, Dr. Nirupama Kulkarni

View Paper

Prev
1
2
3
4
5
6
7
8
9
Next

You’re being redirected to an external site

Continue

Follow us on

Newsletter

Subscribe to our newsletter

Test Narrow

Footer Menu

Contact Us
Disclaimer
Join Us
Newsletters
Privacy & Policy
Sitemap
Testimonials

Copyright © 2026 CAFRAL. All Rights Reserved.

Powered by Reserve Bank Information Technology (ReBIT) Pvt. Ltd