Policy Papers

Accepted, Journal of Financial Crises 2021

With Viral Acharya, Irvind Gujral ,and Hyun-Song Shin


TARP funds and dividends paid out in 2008-09

With Anusha Chari and Lakshita Jain

Deepak and Neera Raj Center on Indian Economic Policies, SIPA, Columbia University, 2019

Abnormal returns post forbearance announcement

With CAFRAL Team

CAFRAL Working Paper, 2021

Determinants of Sovereign Credit Ratings

Why Less Can be More: Crowding Out Effects of Government Financing 

With Viral Acharya, Bhavika Nanawati, and Seema Saggar

PRESENTATIONS: DebtCon3 2019 | IIMA-World Bank 2019

Speech based on above can be accessed here


Growth in sovereign and corporate debt between 1997-2016

With Viral Acharya

The World Economy, Vol. 35, Issue 1, pp. 19-31, 2012


Impact of the Lehman bankruptcy on deposit flows

With Sargam Jain and Khushboo Khandelwal

Mint Street Memo No. 03, RBI Publication, August 2017


Impact of the NPA ordinance on cummulative abnormal returns (CAR) of banks

Book Chapters

Regulating Wall Street: The Dodd-Frank Act and the New Architecture of Global Finance, John Wiley and Sons (2010)