IMS Manthan (The Journal of Mgt., Comp. Science & Journalism)

2013 | Volume 8 | Issue Issue 1

Simultaneous Equations Modeling of Growth Effect of SCBs operations relating to Deposit Mobilization and Credit Creation since 1991

1. Harsh Kumar – Ph.d. Scholar, Centre For Research Studies, Bimtech, Greater Noida, U.p., India

Received
08-Sep-2013 		Accepted
- 		Published
08-Sep-2013
Abstract
The Research Paper deals with quantitative interrelationship of development of banking industry and economic growth. Growth of Gross Domestic Product (GDP) is taken as indicator of economic growth and growth of deposits of Scheduled Commercial Banks (SCBs) have been taken as representative of development of banking industry. The conclusions of the Research Paper yield interesting results for the policy makers/top management.
Keywords Economic Growth, Banking industry, Simultaneous Equation Model, Regression Analysis, Ordinary Least Square, Two Stage Least Square
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