Prabhala’s work on India focuses on banks, financial intermediaries, and corporate finance in India. His prior and ongoing research includes work on credit scoring and its adoption by Indian banks, bank runs, the use of robo-advisors for wealth management, lowering frictions in consumer credit search, retail lending under fairness criteria, the impact of regulations and government programs such as laws to strengthening creditor rights, priority sector lending programs to aid small businesses, and PMJDY, a large-scale financial inclusion program.