Financial Inclusion in India through Banking Activities over the Time Period 1990-2018

Sustainable Development Goals (SDGs), developed by all the United Nation’s (UN) Member States in 2015, are a collection of 17 goals to address the serious global challenges we face. SDGs do not identify financial inclusion (FI) as an independent objective, but acknowledge that it is central in achieving many goals such as reduction of poverty Read More …

Productivity of Indian Banks since 2000s: Impact of Technology

The aim of the banking sector reforms initiated in India in the early 1990s was to enhance the productivity, profitability and efficiency of banks. However, majority of the banking reform measures in the first decade of liberalization were essentially centred on various relaxations, deregulation, and easing of norms pertaining to the financial operating environment. Diffusion Read More …

Employability, turnover intentions and well-being of Employees: A Meta-analysis Approach

In the digital era, businesses have numerous opportunities and challenges (Reisman, R., 2019). Today, the labour market is very demanding, and employees face tough competition. In these circumstances, employees are compelled to be skilled enough to face the challenges; this, in turn, increases their well-being. Employability increases the performance of an organization; however, it also Read More …

The Relationship among Antecedents of Service Quality, Overall Service Quality and Customer Satisfaction in Bank Services

The Indian banking industry is today at crossroads. It is trying to make the transition from the era of socialist rhetoric to the era of the marketing mantra. The Indian banking industry was trailing its peers in developed countries in terms of service quality. The main reason behind the revolution in the Indian banking industry Read More …

Overcoming Virtual Distance through Effective Communication and Team Trust

With globalization and advances in information technology, virtual work arrangements have become a staple in organizations. The business reasons for having employees working virtually are: reduced real estate expenses, improved customer service, leverage global talent, reduced time to market, environmental benefits, to name a few. Virtual teams have significant advantages; however, it poses some challenges Read More …

Study of India VIX options pricing using Black-Scholes model

India VIX is the first volatility index in India based on the order book of NIFTY Options. For this, the best bidask quotes of near and next-month NIFTY options contracts which are traded on the F&O segment of NSE are used. In February 2014, NSE introduced Futures contracts based on India VIX. There are strong Read More …

Co-integration and Causal Linkages between Foreign Exchange Rate and Stock Prices in India

The broad objective of this study is to analyse the long term relationship and short term dynamic interlinkages between Indian stock prices and foreign exchange rate. This paper is based on 10 years’ daily data i.e. from 1 Jan 2010 to 31 Dec 2019 of nominal exchange rates of US Dollar, Euro and daily closing Read More …

Liquidity Premium at National Stock Exchange of India

This study endeavours to investigate the existence of liquidity premium at National Stock Exchange of India, with a shample of Nifty 500 stocks for a period ranging from 1st April 2000 to 31st March 2018, by employing four different phroxies of liquidity i.e. Trading volume, Turnover rate, Relative Spread and Amihud Illiquidity Ratio. The empirical Read More …

Stock Returns and the Weather Effect: the case of Ghana

The stock markets are an integral aspect of every economy. Over the last few decades, there has been a significant change in Ghana stock market returns (GSE). Our study examines the statistical and economic significance of investor sentiment, based on weather conditions/changes, on stock market returns. OLS models, assisted by unit root tests, were employed Read More …