Did Deposit Insurance Reforms Improve Liquidity Creation? Evidence from Indian Banking

<p dir="ltr">The role and relevance of deposit insurance as a mechanism to safeguard banking stability have been well recognised in the literature. However, little is known about whether and how such deposit insurance reforms affect bank liquidity creation. To inform this debate, we...

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التفاصيل البيبلوغرافية
المؤلف الرئيسي: Saibal Ghosh (20552052) (author)
منشور في: 2025
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author Saibal Ghosh (20552052)
author_facet Saibal Ghosh (20552052)
author_role author
dc.creator.none.fl_str_mv Saibal Ghosh (20552052)
dc.date.none.fl_str_mv 2025-10-08T03:00:00Z
dc.identifier.none.fl_str_mv 10.1007/s40953-025-00481-7
dc.relation.none.fl_str_mv https://figshare.com/articles/journal_contribution/Did_Deposit_Insurance_Reforms_Improve_Liquidity_Creation_Evidence_from_Indian_Banking/31169056
dc.rights.none.fl_str_mv CC BY 4.0
info:eu-repo/semantics/openAccess
dc.subject.none.fl_str_mv Commerce, management, tourism and services
Banking, finance and investment
Economics
Applied economics
Deposit insurance
Liquidity creation
India
dc.title.none.fl_str_mv Did Deposit Insurance Reforms Improve Liquidity Creation? Evidence from Indian Banking
dc.type.none.fl_str_mv Text
Journal contribution
info:eu-repo/semantics/publishedVersion
text
contribution to journal
description <p dir="ltr">The role and relevance of deposit insurance as a mechanism to safeguard banking stability have been well recognised in the literature. However, little is known about whether and how such deposit insurance reforms affect bank liquidity creation. To inform this debate, we exploit the upward revision in the deposit insurance coverage for depositors in India in February 2020 and tease out the causal impact. The findings reveal that deposit insurance reforms increased liquidity creation for banks with a high capital buffer, consistent with the risk absorption hypothesis. The impact was primarily evident on the asset side and less pronounced on the liability side or off-balance sheet activities. Robustness tests reinforce these findings.</p><h2 dir="ltr">Other Information</h2><p dir="ltr">Published in: Journal of Quantitative Economics<br>License: <a href="https://creativecommons.org/licenses/by/4.0" target="_blank">https://creativecommons.org/licenses/by/4.0</a><br>See article on publisher's website: <a href="https://dx.doi.org/10.1007/s40953-025-00481-7" target="_blank">https://dx.doi.org/10.1007/s40953-025-00481-7</a></p>
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oai_identifier_str oai:figshare.com:article/31169056
publishDate 2025
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spelling Did Deposit Insurance Reforms Improve Liquidity Creation? Evidence from Indian BankingSaibal Ghosh (20552052)Commerce, management, tourism and servicesBanking, finance and investmentEconomicsApplied economicsDeposit insuranceLiquidity creationIndia<p dir="ltr">The role and relevance of deposit insurance as a mechanism to safeguard banking stability have been well recognised in the literature. However, little is known about whether and how such deposit insurance reforms affect bank liquidity creation. To inform this debate, we exploit the upward revision in the deposit insurance coverage for depositors in India in February 2020 and tease out the causal impact. The findings reveal that deposit insurance reforms increased liquidity creation for banks with a high capital buffer, consistent with the risk absorption hypothesis. The impact was primarily evident on the asset side and less pronounced on the liability side or off-balance sheet activities. Robustness tests reinforce these findings.</p><h2 dir="ltr">Other Information</h2><p dir="ltr">Published in: Journal of Quantitative Economics<br>License: <a href="https://creativecommons.org/licenses/by/4.0" target="_blank">https://creativecommons.org/licenses/by/4.0</a><br>See article on publisher's website: <a href="https://dx.doi.org/10.1007/s40953-025-00481-7" target="_blank">https://dx.doi.org/10.1007/s40953-025-00481-7</a></p>2025-10-08T03:00:00ZTextJournal contributioninfo:eu-repo/semantics/publishedVersiontextcontribution to journal10.1007/s40953-025-00481-7https://figshare.com/articles/journal_contribution/Did_Deposit_Insurance_Reforms_Improve_Liquidity_Creation_Evidence_from_Indian_Banking/31169056CC BY 4.0info:eu-repo/semantics/openAccessoai:figshare.com:article/311690562025-10-08T03:00:00Z
spellingShingle Did Deposit Insurance Reforms Improve Liquidity Creation? Evidence from Indian Banking
Saibal Ghosh (20552052)
Commerce, management, tourism and services
Banking, finance and investment
Economics
Applied economics
Deposit insurance
Liquidity creation
India
status_str publishedVersion
title Did Deposit Insurance Reforms Improve Liquidity Creation? Evidence from Indian Banking
title_full Did Deposit Insurance Reforms Improve Liquidity Creation? Evidence from Indian Banking
title_fullStr Did Deposit Insurance Reforms Improve Liquidity Creation? Evidence from Indian Banking
title_full_unstemmed Did Deposit Insurance Reforms Improve Liquidity Creation? Evidence from Indian Banking
title_short Did Deposit Insurance Reforms Improve Liquidity Creation? Evidence from Indian Banking
title_sort Did Deposit Insurance Reforms Improve Liquidity Creation? Evidence from Indian Banking
topic Commerce, management, tourism and services
Banking, finance and investment
Economics
Applied economics
Deposit insurance
Liquidity creation
India