About me
I am a Research Director at CAFRAL, which is promoted by the Reserve bank of India. I am an applied economist with interests across banking, corporate finance, household finance, and real estate. I am particularly interested in how government intervention influences bank, borrower, and household decisions.
Research interests: Banking, Corporate Finance, Household Finance, Real Estate
Contact Information
Nirupama Kulkarni
Research Director
CAFRAL, Research Department
Reserve Bank of India Main Building,
Mezzanine Floor,
Shahid Bhagat Singh Road,
Fort, Mumbai 400 001
+91 22 22694583 (O)
+91 7506291802 (M)
Email id: nirupama.kulkarni@gmail.com
nirupama.kulkarni@cafral.org.in
Latest
February 18, 2023: Distinguished Speaker at O.P. Jindal Global University at the Global Finance Conclave 2023 talked on “State-owned banks: Challenges and the way forward.”
February 1, 2023: Presentation of "Mortgage Policies, Racial Segregation, and Upward Mobility" at Ashoka University.
January 10, 2023: Presentation of “Bank Deposit Franchise, Interest Rate Risk, and Credit Booms: Evidence from India” at the Asian Econometric Society, Mumbai held from January 10-12, 2023
December 13, 2022: Presentation of "Deposit and Credit Reallocation in a Banking Panic: The Role of State-Owned Banks" at the CAFRAL Annual Conference on The Financial System and Macroeconomy in Emerging Economies held from 12-13 December 2022, Mumbai.
December 9, 2022: Presentation of "Zombie Lending in India" at NIBM Seminar Series.
December 1, 2022: Academic expert for the Department of Economic Affairs for the Physical Workshop (Private Investments in Manufacturing, Housing, Real Estate, and Services) organized by IIT Guwahati.
November 3, 2022: Discussant at NIPFP "Credit Markets Workshop" held on November 3, 2022
July 3, 2021: Panel member at the ISB Impact Forum, 2021 on impact through policy research and intervention.
June 4, 2021: Presentation of The Unholy Trinity: Regulatory Forbearance, Stressed Banks, and Zombie Firms" at the Financial Intermediation Research Society (FIRS) 2021 conference held from June 4-6, 2021
May 5, 2021: Presentation of work on zombie lending at the IIM, Calcutta Research Summer School, 2021 held from 1-10 May, 2021
April 16, 2021: Presentation of "Unearthing zombies" at the Shiv Nadar seminar series. Slides can be found here.
April 3, 2021: Presentation of “Mortgage policies and their effects on racial segregation and upward mobility” at the NBER-RFS conference on Inequality, Discrimination, and the Financial System
January 7, 2021: Discussion of “Consumer Demand Shocks & Firm Linkages: Evidence from Demonetization in India” at the 5th JAAF India Symposium on January 7-8, 2021 jointly organized by IIMC, IIMA, IIMB, and ISB.
December 1, 2020: Presentation of "Unearthing zombies" at the IIM-L Finance Research Seminar Series. Slides can be found here.
November 6, 2020: Presentation of "Unearthing zombies" at the Indiana Kelley Junior Finance Conference. Slides can be found here.
July 2, 2020: Presentation of “Fire Sales and Zombie Lending” at the 2nd Asia-Pacific Corporate Finance Online Workshop.
May 1, 2020: Panel Discussion on “FinTech and the Covid-19 pandemic” at Varanium Capital Advisors Private Limited.
December 20, 2019: Policy Panel Discussion on “Banking Crisis and the Indian Economy” at the 15th Annual Conference on Economic Growth and Development. Slides can be found here.
December 19, 2019: Presentation of "Unearthing zombies" at the 15th Annual Conference on Economic Growth and Development. Slides can be found here.
December 13, 2019:Presentation of "Unearthing zombies" at the Winter School @DSE 2019. Slides can be found here.
November 27, 2019: Presentation of "The unintended consequences of forbearance" at Ashoka seminar series.
November 11, 2019: Presentation of "The unintended consequences of forbearance" at the conference on "Prepared for the Next Crisis? The Costs and Benefits of Financial Regulation" organized by Norges Bank.