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Tanzeem Hasnat

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Oct 2026

Understanding the Sectoral Impact of Credit Growth in India: A Macro-financial Analysis

This study examines the relationship between private-sector credit growth and sectoral stock market performance in India, with particular emphasis on the moderating role of sectoral financial leverage. Using quarterly data for 13 National Stock Exchange sectoral indices over 2014–2024, the study employs inter-temporal...

Tanzeem Hasnat · 0 citations

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