CAFRAL aims to conduct high quality research in areas of banking and finance, particularly in areas of policy interest. Our research areas include financial institutions, sovereign and corporate bond markets, financial networks and stability, behavioral finance, corporate finance, household finance and related areas of macro-finance such as monetary economics and international finance. CAFRAL aims to build capacity in these areas by developing internal data and analytic resources, capabilities, and collaborations with research institutions with similar missions.
We list some of the working papers and publications of current CAFRAL researchers

1. NPL Resolution: A Lesson From The Korean Experience
Author(s) Prof. Raunaq Pungaliya
View Paper
2. Government Guarantees And Bank Vulnerability During The Financial Crisis Of 2007 – 09: Evidence From An Emerging Market
View PaperAbstract
3. Trading Activity In The Indian Government Bond Market
Author(s) Michael Fleming, Samita Sareen, Seema Saggar
View PaperAbstract
4. Financial Stress In Indian Corporates
Author(s) Jugnu Ansari, Khushboo Khandelwal, Nagpurnanand Prabhala
View PaperAbstractShort Note
5. Furthering The Financial Inclusion Agenda In India: How Important Is Gender?
Author(s) Saibal Ghosh, Vinod Dharamrajan Publication Economic and Political Weekly
View PaperAbstract
6. Capital Structure, Ownership And Crisis: How Different Are Banks?
Author(s) Saibal Ghosh, Goutam Chatterjee Publication RBI Working Paper Series
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7. Structural Changes In The Indian Government Bond Market
Author(s) Michael Fleming, Samita Sareen, Seema Saggar
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8. Debt Recovery Tribunals In India: A Short Note
Author(s) Manasi Phadnis, Nagpurnanand Prabhala
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9. Beautiful Minds: The Nobel Memorial Prize In Economics
Author(s) Saibal Ghosh Publication Reserve Bank of India Occasional Papers
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