{"title":"贷款增长的表现形式--盈利能力和不良贷款--对印度银行业的研究","authors":"Shweta Gupta, Rohit Bansal","doi":"10.1108/sajbs-04-2023-0100","DOIUrl":null,"url":null,"abstract":"<h3>Purpose</h3>\n<p>After half a decade of balance sheet clean-up prompted by the Reserve Bank of India’s (RBI) asset quality review (AQR), Indian banks are back on track for increased loan growth. Being a financial vehicle for the economy, loan growth cannot be put on hold for a long period of time. But it is also important to understand that loan growth carries an inherent risk of default. A trade-off exists between loan growth, non-performing loans (NPLs) and bank profitability. Our study highlights the importance of understanding this relationship.</p><!--/ Abstract__block -->\n<h3>Design/methodology/approach</h3>\n<p>For our study, we have taken a sample of India’s private and public sector banks. The dataset consists of the financials of our sample for the period 2006–2021. Two-step differenced generalized method of moments (SYS-GMM) estimation has been used to establish the relationship. The mediating role of NPLs in the relationship between loan growth and profitability is examined by the mediation analysis using structural equation modeling (SEM) and the Sobel test. We have used Stata 16.1 for the analysis of our dataset.</p><!--/ Abstract__block -->\n<h3>Findings</h3>\n<p>The findings of our study suggest that bank lending is a major contributor to the bank’s earnings. Loan growth after a certain point has a negative impact on profitability, and it also adds to the NPLs of the bank. The study result indicates that moderate loan growth is key to steady and stable growth in the Indian banking industry.</p><!--/ Abstract__block -->\n<h3>Practical implications</h3>\n<p>Our study is directed toward understanding the positive and negative manifestations of loan growth. We develop a framework to understand this relationship and then empirically prove it. The study is beneficial for employees and policymakers alike to minimize the negative impact of loan growth.</p><!--/ Abstract__block -->\n<h3>Originality/value</h3>\n<p>The issue of the simultaneous impact of loan growth on NPLs and profitability has not been studied in the Indian banking sector. Also, this study adds to the present literature by studying the mediation effect of the NPLs on the loan growth and profitability relationship.</p><!--/ Abstract__block -->","PeriodicalId":55618,"journal":{"name":"South Asian Journal of Business Studies","volume":"27 1","pages":""},"PeriodicalIF":2.1000,"publicationDate":"2024-06-04","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":"0","resultStr":"{\"title\":\"Manifestations of loan growth – profitability and non-performing loans – a study of the Indian banking sector\",\"authors\":\"Shweta Gupta, Rohit Bansal\",\"doi\":\"10.1108/sajbs-04-2023-0100\",\"DOIUrl\":null,\"url\":null,\"abstract\":\"<h3>Purpose</h3>\\n<p>After half a decade of balance sheet clean-up prompted by the Reserve Bank of India’s (RBI) asset quality review (AQR), Indian banks are back on track for increased loan growth. Being a financial vehicle for the economy, loan growth cannot be put on hold for a long period of time. But it is also important to understand that loan growth carries an inherent risk of default. A trade-off exists between loan growth, non-performing loans (NPLs) and bank profitability. Our study highlights the importance of understanding this relationship.</p><!--/ Abstract__block -->\\n<h3>Design/methodology/approach</h3>\\n<p>For our study, we have taken a sample of India’s private and public sector banks. The dataset consists of the financials of our sample for the period 2006–2021. Two-step differenced generalized method of moments (SYS-GMM) estimation has been used to establish the relationship. The mediating role of NPLs in the relationship between loan growth and profitability is examined by the mediation analysis using structural equation modeling (SEM) and the Sobel test. We have used Stata 16.1 for the analysis of our dataset.</p><!--/ Abstract__block -->\\n<h3>Findings</h3>\\n<p>The findings of our study suggest that bank lending is a major contributor to the bank’s earnings. Loan growth after a certain point has a negative impact on profitability, and it also adds to the NPLs of the bank. The study result indicates that moderate loan growth is key to steady and stable growth in the Indian banking industry.</p><!--/ Abstract__block -->\\n<h3>Practical implications</h3>\\n<p>Our study is directed toward understanding the positive and negative manifestations of loan growth. We develop a framework to understand this relationship and then empirically prove it. The study is beneficial for employees and policymakers alike to minimize the negative impact of loan growth.</p><!--/ Abstract__block -->\\n<h3>Originality/value</h3>\\n<p>The issue of the simultaneous impact of loan growth on NPLs and profitability has not been studied in the Indian banking sector. Also, this study adds to the present literature by studying the mediation effect of the NPLs on the loan growth and profitability relationship.</p><!--/ Abstract__block -->\",\"PeriodicalId\":55618,\"journal\":{\"name\":\"South Asian Journal of Business Studies\",\"volume\":\"27 1\",\"pages\":\"\"},\"PeriodicalIF\":2.1000,\"publicationDate\":\"2024-06-04\",\"publicationTypes\":\"Journal Article\",\"fieldsOfStudy\":null,\"isOpenAccess\":false,\"openAccessPdf\":\"\",\"citationCount\":\"0\",\"resultStr\":null,\"platform\":\"Semanticscholar\",\"paperid\":null,\"PeriodicalName\":\"South Asian Journal of Business Studies\",\"FirstCategoryId\":\"1085\",\"ListUrlMain\":\"https://doi.org/10.1108/sajbs-04-2023-0100\",\"RegionNum\":0,\"RegionCategory\":null,\"ArticlePicture\":[],\"TitleCN\":null,\"AbstractTextCN\":null,\"PMCID\":null,\"EPubDate\":\"\",\"PubModel\":\"\",\"JCR\":\"Q3\",\"JCRName\":\"BUSINESS\",\"Score\":null,\"Total\":0}","platform":"Semanticscholar","paperid":null,"PeriodicalName":"South Asian Journal of Business Studies","FirstCategoryId":"1085","ListUrlMain":"https://doi.org/10.1108/sajbs-04-2023-0100","RegionNum":0,"RegionCategory":null,"ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"Q3","JCRName":"BUSINESS","Score":null,"Total":0}
引用次数: 0
摘要
目的在印度储备银行（RBI）资产质量审查（AQR）的推动下，经过长达五年的资产负债表清理，印度银行重新走上了贷款增长的轨道。作为经济的金融工具，贷款增长不能长期搁置。但同样重要的是要明白，贷款增长本身就存在违约风险。贷款增长、不良贷款（NPLs）和银行盈利能力之间存在权衡。我们的研究强调了理解这种关系的重要性。 在我们的研究中，我们选取了印度私营和公共部门银行作为样本。数据集包括样本在 2006-2021 年期间的财务数据。我们采用两步差分广义矩法（SYS-GMM）进行估计，以确定两者之间的关系。通过使用结构方程模型（SEM）和 Sobel 检验进行中介分析，考察了不良贷款率在贷款增长和盈利能力之间的中介作用。我们使用 Stata 16.1 对数据集进行了分析。研究结果我们的研究结果表明，银行贷款是银行盈利的主要贡献者。贷款增长到一定程度后会对盈利能力产生负面影响，同时也会增加银行的不良贷款率。研究结果表明，适度的贷款增长是印度银行业稳定增长的关键。我们建立了一个框架来理解这种关系，然后通过实证来证明这种关系。这项研究有利于员工和政策制定者最大限度地减少贷款增长的负面影响。原创性/价值印度银行业尚未研究过贷款增长同时影响不良贷款率和盈利能力的问题。此外，本研究还通过研究不良贷款率对贷款增长和盈利能力关系的中介效应，对现有文献进行了补充。
Manifestations of loan growth – profitability and non-performing loans – a study of the Indian banking sector
Purpose
After half a decade of balance sheet clean-up prompted by the Reserve Bank of India’s (RBI) asset quality review (AQR), Indian banks are back on track for increased loan growth. Being a financial vehicle for the economy, loan growth cannot be put on hold for a long period of time. But it is also important to understand that loan growth carries an inherent risk of default. A trade-off exists between loan growth, non-performing loans (NPLs) and bank profitability. Our study highlights the importance of understanding this relationship.
Design/methodology/approach
For our study, we have taken a sample of India’s private and public sector banks. The dataset consists of the financials of our sample for the period 2006–2021. Two-step differenced generalized method of moments (SYS-GMM) estimation has been used to establish the relationship. The mediating role of NPLs in the relationship between loan growth and profitability is examined by the mediation analysis using structural equation modeling (SEM) and the Sobel test. We have used Stata 16.1 for the analysis of our dataset.
Findings
The findings of our study suggest that bank lending is a major contributor to the bank’s earnings. Loan growth after a certain point has a negative impact on profitability, and it also adds to the NPLs of the bank. The study result indicates that moderate loan growth is key to steady and stable growth in the Indian banking industry.
Practical implications
Our study is directed toward understanding the positive and negative manifestations of loan growth. We develop a framework to understand this relationship and then empirically prove it. The study is beneficial for employees and policymakers alike to minimize the negative impact of loan growth.
Originality/value
The issue of the simultaneous impact of loan growth on NPLs and profitability has not been studied in the Indian banking sector. Also, this study adds to the present literature by studying the mediation effect of the NPLs on the loan growth and profitability relationship.
求助内容：
应助结果提醒方式：
京公网安备 11010802042870号
