Summary: Instant payment systems and competition for deposits
Summarizing the paper ( click here ) titled “Instant payment systems and competition for deposits”. The Paper is authored by Sergey Sarkisyan. Click here to read my summary
Posts
Takeaways from the FED's MPC speech Nov 23'
FE D chair Powell gave the MPC speech on 1 Nov 23'. Here are some crucial points from his speech:
Takeaways from the FED's MPC speech March 23'
FE D chair Powell gave the MPC speech on 23 March 23'. Here are some crucial points from his speech:
Banks Credit and Investment Dynamics assessing portfolio rebalancing vs crowding-out
Summarizing the paper ( click here ) titled “ Banks’ Credit and Investment Dynamics: Assessing Portfolio Rebalancing and Crowding-out ” under the Reserve Bank of India Working Paper Series. * The Paper is authored by Sanjay Singh, Garima Wahi and Muneesh Kapur. Click here to read my summary
Glimpse of inter-connections between Banks and NBFCs - a balance sheet view
Shadow banking system fascinated me, especially post-2008 crisis when I realised their importance in the system. NBFCs are not allowed by the central banks, to operate in the same way as the regular banks, e.g., while banks are allowed to accept deposits (like savings accounts), NBFCs are not allowed to do so.
How do banks create money, and why other firms cannot do the same?
Click here to read the summarized Richard Werner's paper titled " H ow do banks create money, and why other firms cannot do the same? An explanation for coexistence of lending and deposit taking ".