Are Women Really More Risk-Averse? The Lending Behaviour Of Women-Owned Cooperatives In India
Author(s) Jugnu Ansari and Saibal Ghosh


Employing a novel dataset of Indian cooperative banks during 2004-2013, we exploit the natural experiment of the financial crisis to examine the lending behaviour of women-owned cooperatives. The findings indicate that these banks increased lending to both agriculture and small-scale industries, especially in high-income states. Further disaggregation reveals that the possible weaknesses in asset quality from lending to these sectors in low-income states could be driving the results. Robustness tests support these findings.

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