---
title: Unholy Trinity: Regulatory Forbearance & Zombie Firms
url: https://www.ml-quant.com/papers/ssrn/5103941/
site: ML-Quant (https://www.ml-quant.com)
updated: 2026-09-26
license: Summaries CC BY 4.0; links go to the original sources
index: https://www.ml-quant.com/llms.txt
identifier: SSRN 5103941
source_url: https://papers.ssrn.com/sol3/papers.cfm?abstract_id=5103941
featured: 2025-01-23
citations: unknown
topic: Corporate Finance
---


# Unholy Trinity: Regulatory Forbearance & Zombie Firms

Regulatory Forbearance & Zombie Firms: The study shows that during a crisis, India's banking system's asset quality forbearance negatively affects credit efficiency, with state-owned banks lending more to insolvent firms.

- Source: https://papers.ssrn.com/sol3/papers.cfm?abstract_id=5103941
- Identifier: SSRN 5103941
- Released: 2025-01-20
- First featured: Quant Letter No. 83 (2025-01-23): https://www.ml-quant.com/issues/2025-01-23/
- Citations (Semantic Scholar): not tracked
- Published in: not yet
- Topic: Corporate Finance

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