Research

CAFRAL aims to conduct high quality research in areas of banking, finance and macroeconomics, 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.

Research highlights

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Global Financial Shocks

Dr. Udupa and his co-authors find that Indian importers face difficulties due to extreme f...

Regulatory Forbearance Policies And Zombie Lending

Dr. Kulkarni, along with co-authors, examines asset-quality forbearance policies in India ...

Banking And Systemic Risk

Dr.  Kishore studies how too big to fail institutions (TBTF) can create systemic risk. Sin...

Financial Inclusion

Financial inclusion policies are gaining momentum as governments around the world are push...

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