Pub Date : 2024-02-28DOI: 10.54105/ijef.e7990.03010523
Dr. Tirthankar Mandal
Unified Payments Interface (UPI) is a real-time payment system developed by the National Payments Corporation of India (NPCI). It was introduced to facilitate easy, quick, and secure online payments between banks. The Government of India is going to introduce UPI-ATM services after successful progress of UPI transaction. While challenges exist, such as limited digital literacy and connectivity issues, several factors have contributed to the adoption of UPI transactions. The present work finds the gap between rural and urban, male and female and technological knowledge and awareness in performing digital transactions. With the help of logit analysis, it has been observed a successful future of UPI-ATM services though there exists differences in many dimensions.
{"title":"Adoption of UPI and Implementation of UPI-ATM in India: A Logit Analysis","authors":"Dr. Tirthankar Mandal","doi":"10.54105/ijef.e7990.03010523","DOIUrl":"https://doi.org/10.54105/ijef.e7990.03010523","url":null,"abstract":"Unified Payments Interface (UPI) is a real-time payment system developed by the National Payments Corporation of India (NPCI). It was introduced to facilitate easy, quick, and secure online payments between banks. The Government of India is going to introduce UPI-ATM services after successful progress of UPI transaction. While challenges exist, such as limited digital literacy and connectivity issues, several factors have contributed to the adoption of UPI transactions. The present work finds the gap between rural and urban, male and female and technological knowledge and awareness in performing digital transactions. With the help of logit analysis, it has been observed a successful future of UPI-ATM services though there exists differences in many dimensions.","PeriodicalId":371660,"journal":{"name":"Indian Journal of Economics and Finance","volume":"69 6","pages":""},"PeriodicalIF":0.0,"publicationDate":"2024-02-28","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"140421432","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2024-02-28DOI: 10.54105/ijef.a2562.03010523
O. Abere, BANJO, Kudirat Adeola, T. S. Saka
This study examined the level of sufficient retirement benefit under the contributory pension scheme emanating from the pool of savings contributed that can suffice to provide the minimum needed livelihood. The secondary data of all pension contributions and retirement benefits were retrieved from series of publications of Pen Com from the years 2004 to 2022. The primary data population consists of 1316 retirees. EasyFit 5.6 Professional Software together with the Least Square Model, accumulation and annuity formulae was employed to analyse the secondary data and the responses from the respondents during survey. Arising from the data collected and the analysis carried out using the Consolidated Public Service Salary Structure, the level of comfort of low income retirees who spent 20 to 35 years in active service is nothing to write home about due to insufficient pension benefits as a result of the challenges investigated. The study recommends the implementation of minimum pension derived with requisite modalities of 20 years as the minimum qualifying length of service and only 10-year post retirement subsidy
{"title":"The Contributory Pension Scheme (CPS) and Sufficiency of Retirement Benefit of the Low-Income Retirees of the Federal Public Service in Nigeria","authors":"O. Abere, BANJO, Kudirat Adeola, T. S. Saka","doi":"10.54105/ijef.a2562.03010523","DOIUrl":"https://doi.org/10.54105/ijef.a2562.03010523","url":null,"abstract":"This study examined the level of sufficient retirement benefit under the contributory pension scheme emanating from the pool of savings contributed that can suffice to provide the minimum needed livelihood. The secondary data of all pension contributions and retirement benefits were retrieved from series of publications of Pen Com from the years 2004 to 2022. The primary data population consists of 1316 retirees. EasyFit 5.6 Professional Software together with the Least Square Model, accumulation and annuity formulae was employed to analyse the secondary data and the responses from the respondents during survey. Arising from the data collected and the analysis carried out using the Consolidated Public Service Salary Structure, the level of comfort of low income retirees who spent 20 to 35 years in active service is nothing to write home about due to insufficient pension benefits as a result of the challenges investigated. The study recommends the implementation of minimum pension derived with requisite modalities of 20 years as the minimum qualifying length of service and only 10-year post retirement subsidy","PeriodicalId":371660,"journal":{"name":"Indian Journal of Economics and Finance","volume":"517 1","pages":""},"PeriodicalIF":0.0,"publicationDate":"2024-02-28","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"140417499","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2024-01-30DOI: 10.54105/ijef.d1671.03021123
Dr. Ch. Naresh, Dr. Ravi Sankar Kummeta, Dr. N. Ramanjaneyulu
The paper examines the significance of volatility models in forecasting future volatility for effective portfolio allocation and risk reduction. It compares the performance of symmetric and asymmetric models in estimating conditional variance, and linear versus non-linear GARCH models. Using secondary data from the National Stock Exchange's Nifty Bank index, the study applies Exponential GARCH (1,1) to measure asymmetric volatility and conducts various tests to confirm the suitability of the data for analysis. The results indicate clustering of volatility in Nifty Bank returns over a four-year period, with the presence of asymmetrical effects and leverage constants. The study concludes that negative information has a greater impact on volatility than positive surprises, and that market fluctuations are inversely related to stock market performance. This research provides valuable insights for portfolio selection, risk management, and asset pricing in the context of increasing volatility across various markets and industries.
{"title":"Measuring Asymmetric Volatility of Bank Nifty Index using Egarch Model","authors":"Dr. Ch. Naresh, Dr. Ravi Sankar Kummeta, Dr. N. Ramanjaneyulu","doi":"10.54105/ijef.d1671.03021123","DOIUrl":"https://doi.org/10.54105/ijef.d1671.03021123","url":null,"abstract":"The paper examines the significance of volatility models in forecasting future volatility for effective portfolio allocation and risk reduction. It compares the performance of symmetric and asymmetric models in estimating conditional variance, and linear versus non-linear GARCH models. Using secondary data from the National Stock Exchange's Nifty Bank index, the study applies Exponential GARCH (1,1) to measure asymmetric volatility and conducts various tests to confirm the suitability of the data for analysis. The results indicate clustering of volatility in Nifty Bank returns over a four-year period, with the presence of asymmetrical effects and leverage constants. The study concludes that negative information has a greater impact on volatility than positive surprises, and that market fluctuations are inversely related to stock market performance. This research provides valuable insights for portfolio selection, risk management, and asset pricing in the context of increasing volatility across various markets and industries.","PeriodicalId":371660,"journal":{"name":"Indian Journal of Economics and Finance","volume":"9 39","pages":""},"PeriodicalIF":0.0,"publicationDate":"2024-01-30","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"139591579","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2024-01-30DOI: 10.54105/ijef.a2540.03010523
Anoushka Bose
While considering the developing countries like India, it is very important to focus on the primary source of employment for the majority of the labour force, i.e., the Informal or the Unorganised sector of the Indian Economy. The aim of this paper is to take an insight in the various parameters of the growth, employment and labour productivity figures that have changed since 1972. The analysis would empirically capture the progress and changes in the sector down the financial years and scrutinize how it has resulted in a change in the informal labour market. The aim is to establish the importance of the Informal Sector in India and show how the grandeur behind the growing variables are a deception and hides the crumbling core of the Indian Informal Sector: falling labour productivity over the years.
{"title":"Productivity Saga of The Indian Informal Sector","authors":"Anoushka Bose","doi":"10.54105/ijef.a2540.03010523","DOIUrl":"https://doi.org/10.54105/ijef.a2540.03010523","url":null,"abstract":"While considering the developing countries like India, it is very important to focus on the primary source of employment for the majority of the labour force, i.e., the Informal or the Unorganised sector of the Indian Economy. The aim of this paper is to take an insight in the various parameters of the growth, employment and labour productivity figures that have changed since 1972. The analysis would empirically capture the progress and changes in the sector down the financial years and scrutinize how it has resulted in a change in the informal labour market. The aim is to establish the importance of the Informal Sector in India and show how the grandeur behind the growing variables are a deception and hides the crumbling core of the Indian Informal Sector: falling labour productivity over the years.","PeriodicalId":371660,"journal":{"name":"Indian Journal of Economics and Finance","volume":"6 16","pages":""},"PeriodicalIF":0.0,"publicationDate":"2024-01-30","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"139591820","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2023-11-30DOI: 10.54105/ijef.b2547.113223
Dr. Akinboyo Olorunyomi Lawrence
The objective of this paper is to empirically evaluate the effects of the Central Bank of Nigeria’s (CBN) intervention on inflation in Nigeria from 2007M12 to 2020M8. The paper employed three-variable Vector Error Correction Model (VECM), with headline inflation examined as an endogenous function of the CBN’s intervention funds and exchange rate movements. The study finds that the CBN’s interventions through credit-easing to specific industries reduce inflation in the long term, particularly food inflation. The outcome suggests that there is divergence in the outcome of unconventional monetary policy in developed and developing countries. It also established that there is a three-month policy lag window in CBN’s response to inflation using intervention funds. This is in consistent with the claim that central banks of developing countries are more flexible in approach and rely more frequently on ‘unconventional’ monetary policy tools with proof that these tools have been successful in a stagflation economy. Nonetheless, the country still faces high supply side inflation rates, which only shows that these tools should be improved upon to increase efficiency and impact.
{"title":"Does CBN Intervention Funds Contribute to Inflationary Pressure in Nigeria? An Empirical Investigation","authors":"Dr. Akinboyo Olorunyomi Lawrence","doi":"10.54105/ijef.b2547.113223","DOIUrl":"https://doi.org/10.54105/ijef.b2547.113223","url":null,"abstract":"The objective of this paper is to empirically evaluate the effects of the Central Bank of Nigeria’s (CBN) intervention on inflation in Nigeria from 2007M12 to 2020M8. The paper employed three-variable Vector Error Correction Model (VECM), with headline inflation examined as an endogenous function of the CBN’s intervention funds and exchange rate movements. The study finds that the CBN’s interventions through credit-easing to specific industries reduce inflation in the long term, particularly food inflation. The outcome suggests that there is divergence in the outcome of unconventional monetary policy in developed and developing countries. It also established that there is a three-month policy lag window in CBN’s response to inflation using intervention funds. This is in consistent with the claim that central banks of developing countries are more flexible in approach and rely more frequently on ‘unconventional’ monetary policy tools with proof that these tools have been successful in a stagflation economy. Nonetheless, the country still faces high supply side inflation rates, which only shows that these tools should be improved upon to increase efficiency and impact.","PeriodicalId":371660,"journal":{"name":"Indian Journal of Economics and Finance","volume":"47 77","pages":""},"PeriodicalIF":0.0,"publicationDate":"2023-11-30","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"139203953","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2023-11-30DOI: 10.54105/ijef.b2559.053123
Mr. Ramzi Abdullah Ahmed Hassan
Globally, the issue of financial inclusion is crucial, especially in poorer nations where access to financial services is frequently constrained. To increase financial inclusion in India, the government has put some laws and programmes in place, but it is crucial to evaluate their success and pinpoint areas for development. This study focuses on the financial inclusion initiatives and policies that have been put into place in India. The research evaluates the homogeneity/contrast of government actions and the interaction of the banking sector with society. A descriptive analysis method and secondary data from RBI reports and Fi indicators of World Bank were used. The results of this study imply that the government's programme has made some progress towards boosting access to financial services, particularly in rural areas. This study outlines areas for emphasising increased financial inclusion in India. Future actions could include improving underprivileged demographics' access to financial services.
在全球范围内，普惠金融问题至关重要，尤其是在那些获取金融服务经常受到限制的贫困国家。为提高印度的金融包容性，印度政府已制定了一些法律和计划，但关键是要评估其成功与否，并找出有待发展的领域。本研究重点关注印度已出台的普惠金融倡议和政策。研究评估了政府行动的同质性/对比性以及银行业与社会的互动。研究采用了描述性分析方法，并使用了来自 RBI 报告和世界银行 Fi 指标的二手数据。研究结果表明，政府的计划在促进金融服务的获取方面取得了一些进展，尤其是在农村地区。本研究概述了印度需要强调提高金融包容性的领域。未来的行动可包括改善弱势群体获得金融服务的机会。
{"title":"Examining the Financial Inclusion Index to Determine the Financial Inclusion Status in India","authors":"Mr. Ramzi Abdullah Ahmed Hassan","doi":"10.54105/ijef.b2559.053123","DOIUrl":"https://doi.org/10.54105/ijef.b2559.053123","url":null,"abstract":"Globally, the issue of financial inclusion is crucial, especially in poorer nations where access to financial services is frequently constrained. To increase financial inclusion in India, the government has put some laws and programmes in place, but it is crucial to evaluate their success and pinpoint areas for development. This study focuses on the financial inclusion initiatives and policies that have been put into place in India. The research evaluates the homogeneity/contrast of government actions and the interaction of the banking sector with society. A descriptive analysis method and secondary data from RBI reports and Fi indicators of World Bank were used. The results of this study imply that the government's programme has made some progress towards boosting access to financial services, particularly in rural areas. This study outlines areas for emphasising increased financial inclusion in India. Future actions could include improving underprivileged demographics' access to financial services.","PeriodicalId":371660,"journal":{"name":"Indian Journal of Economics and Finance","volume":"887 ","pages":""},"PeriodicalIF":0.0,"publicationDate":"2023-11-30","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"139204827","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2023-11-30DOI: 10.54105/ijef.b2560.113223
J. Sekar, Dr. N. Palaniraj
Our nation is a major economic player, providing a significant source of revenue for more than half of India's population. The country’s financial area depends on the rural exercises that assume a critical role in the public's advancement. The region picked for the review is Kanchipuram Locale in Tamil Nadu, which absolutely relies upon the horticultural pay from the various yields. The contribution of farming to the economy as well as the monetary state of the ranchers has been ought in this period of innovation. With 47% of the population working in agriculture, it is the most common occupation. Paddy is the major crop developed in Kanchipuram district. Other important crops include Millets like Ragi, Maize, Cumbu and Samai; pulses like Black gram, Green gram, Red gram, horse gram, and cow pea; oil seeds like groundnut, Gingelly, sunflower and Castor and sugarcane. Brinjal and Watermelon started using plastic mulching, which gives 3-4% profit in Kanchipuram’s district. The aim of this assessment is to study the agricultural sector of Kanchipuram district's major crops in different climatic environments like Navarai, Samba, Sornawari, etc. However, agricultural pollution has already begun as a result of contemporary agricultural methods like plastic mulching. Comparisons between organic mulching and plastic mulching materials are difficult since outcomes depend on the selected strategy, growth techniques and environmental factors. Due to the current agricultural byproducts like plastic mulching, this process promotes damage to the ecology, land, and environment. To overcome agricultural pollution, organic mulching and greenhouse technology are suggested.
{"title":"Assessment on Distinct types of Crops in Kanchipuram District using Organic, Fertilizers, Pesticides and Plastic Mulching at Different Seasons","authors":"J. Sekar, Dr. N. Palaniraj","doi":"10.54105/ijef.b2560.113223","DOIUrl":"https://doi.org/10.54105/ijef.b2560.113223","url":null,"abstract":"Our nation is a major economic player, providing a significant source of revenue for more than half of India's population. The country’s financial area depends on the rural exercises that assume a critical role in the public's advancement. The region picked for the review is Kanchipuram Locale in Tamil Nadu, which absolutely relies upon the horticultural pay from the various yields. The contribution of farming to the economy as well as the monetary state of the ranchers has been ought in this period of innovation. With 47% of the population working in agriculture, it is the most common occupation. Paddy is the major crop developed in Kanchipuram district. Other important crops include Millets like Ragi, Maize, Cumbu and Samai; pulses like Black gram, Green gram, Red gram, horse gram, and cow pea; oil seeds like groundnut, Gingelly, sunflower and Castor and sugarcane. Brinjal and Watermelon started using plastic mulching, which gives 3-4% profit in Kanchipuram’s district. The aim of this assessment is to study the agricultural sector of Kanchipuram district's major crops in different climatic environments like Navarai, Samba, Sornawari, etc. However, agricultural pollution has already begun as a result of contemporary agricultural methods like plastic mulching. Comparisons between organic mulching and plastic mulching materials are difficult since outcomes depend on the selected strategy, growth techniques and environmental factors. Due to the current agricultural byproducts like plastic mulching, this process promotes damage to the ecology, land, and environment. To overcome agricultural pollution, organic mulching and greenhouse technology are suggested.","PeriodicalId":371660,"journal":{"name":"Indian Journal of Economics and Finance","volume":"39 1","pages":""},"PeriodicalIF":0.0,"publicationDate":"2023-11-30","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"139206440","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2023-11-30DOI: 10.54105/ijef.b2556.113223
Audifas E. Said Audifas Said, Dr. Nyanjige Mayala, Dr. Ladis Komba
The study was conducted to assess Risk Control activities of external audit on the financial performance in diocesan secondary school in Moshi, Tanzania. This study was guided by Stewardship Theory. and employed a quantitative approach and cross sectional survey design. Quantitative data were analyzed by using Statistical Package for Social Sciences (SPSS) version 22.Target population was 256 and the sample size was 156.Tables were used to present the study findings. The findings of this study revealed that although training and seminars are given to those Senior Management Teams (SMTs); to the schools on matters related to financial risk control activities ,little has been done to employ other strategies like dividing the schools in clusters and have specific time table to allow them to meet and share their ideas and knowledge. Subsequently, the findings revealed that most of the schools do not have current accounting software’s to the accounts deportments. In addition, the findings revealed that most of the secondary schools in the diocese have no reliable internets systems. The findings however, revealed that secondary schools in the diocese face a number of challenges in preparing financial statements. The study concludes that raising awareness on finance knowledge to other departments other than Accounts department is of paramount important in these diocesan secondary schools. So as to minimizes financial risks which might occur in the future. The study therefore recommends to have clusters meeting for short term training on matters related to risks control activities so as to end up with financial performance.
{"title":"Assessement of Risk Control Activities on Financial Performance: A Case of Diocesian Secondary Schools in Moshi, Tanzania","authors":"Audifas E. Said Audifas Said, Dr. Nyanjige Mayala, Dr. Ladis Komba","doi":"10.54105/ijef.b2556.113223","DOIUrl":"https://doi.org/10.54105/ijef.b2556.113223","url":null,"abstract":"The study was conducted to assess Risk Control activities of external audit on the financial performance in diocesan secondary school in Moshi, Tanzania. This study was guided by Stewardship Theory. and employed a quantitative approach and cross sectional survey design. Quantitative data were analyzed by using Statistical Package for Social Sciences (SPSS) version 22.Target population was 256 and the sample size was 156.Tables were used to present the study findings. The findings of this study revealed that although training and seminars are given to those Senior Management Teams (SMTs); to the schools on matters related to financial risk control activities ,little has been done to employ other strategies like dividing the schools in clusters and have specific time table to allow them to meet and share their ideas and knowledge. Subsequently, the findings revealed that most of the schools do not have current accounting software’s to the accounts deportments. In addition, the findings revealed that most of the secondary schools in the diocese have no reliable internets systems. The findings however, revealed that secondary schools in the diocese face a number of challenges in preparing financial statements. The study concludes that raising awareness on finance knowledge to other departments other than Accounts department is of paramount important in these diocesan secondary schools. So as to minimizes financial risks which might occur in the future. The study therefore recommends to have clusters meeting for short term training on matters related to risks control activities so as to end up with financial performance.","PeriodicalId":371660,"journal":{"name":"Indian Journal of Economics and Finance","volume":"66 1","pages":""},"PeriodicalIF":0.0,"publicationDate":"2023-11-30","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"139202107","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2023-11-30DOI: 10.54105/ijef.b2545.053123
Prof. Sandeep Bhattacharjee, Moumita Saha
This research paper aims to analyze the bank volatility in India by examining various factors that contribute to fluctuations in the Indian banking sector. The study investigates the impact of regulatory reforms, macroeconomic indicators, financial stability, and global factors on bank volatility. The research utilizes a comprehensive dataset covering a period of one year i.e (01-04-2022 to 31-03-2023) to provide an in-depth understanding of the dynamics of bank volatility in India. We have used Bollinger bands to understand the volatility of three premier banks in India namely, HDFC Bank, ICICI Bank and STATE BANK OF INDIA in Indian stock market. The findings of this study will contribute to the existing literature on banking in emerging markets, understand the factor of volatility in present times and will also provide valuable insights for policymakers and stakeholders in the Indian banking sector.
本研究论文旨在通过研究导致印度银行业波动的各种因素来分析印度银行的波动性。研究调查了监管改革、宏观经济指标、金融稳定性和全球因素对银行波动性的影响。研究使用了一个涵盖一年时间（2022 年 4 月 1 日至 2023 年 3 月 31 日）的综合数据集，以深入了解印度银行波动的动态。我们使用布林带了解印度三家主要银行，即 HDFC 银行、ICICI 银行和 STATE BANK OF INDIA 在印度股市的波动情况。本研究的结果将对现有关于新兴市场银行业的文献有所贡献，有助于理解当前的波动因素，还将为印度银行业的政策制定者和利益相关者提供有价值的见解。
{"title":"Volatility Analysis of Indian Banking Sector using Bollinger Bands","authors":"Prof. Sandeep Bhattacharjee, Moumita Saha","doi":"10.54105/ijef.b2545.053123","DOIUrl":"https://doi.org/10.54105/ijef.b2545.053123","url":null,"abstract":"This research paper aims to analyze the bank volatility in India by examining various factors that contribute to fluctuations in the Indian banking sector. The study investigates the impact of regulatory reforms, macroeconomic indicators, financial stability, and global factors on bank volatility. The research utilizes a comprehensive dataset covering a period of one year i.e (01-04-2022 to 31-03-2023) to provide an in-depth understanding of the dynamics of bank volatility in India. We have used Bollinger bands to understand the volatility of three premier banks in India namely, HDFC Bank, ICICI Bank and STATE BANK OF INDIA in Indian stock market. The findings of this study will contribute to the existing literature on banking in emerging markets, understand the factor of volatility in present times and will also provide valuable insights for policymakers and stakeholders in the Indian banking sector.","PeriodicalId":371660,"journal":{"name":"Indian Journal of Economics and Finance","volume":"31 1","pages":""},"PeriodicalIF":0.0,"publicationDate":"2023-11-30","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"139198148","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2023-11-30DOI: 10.54105/ijef.b2060.113223
Kyolo Said Kalla, Amembah A. Lamu Amos
This research intended to assess the influence of income levels on micro and small business operators’ participation in social security fund (SSF) in Moshi Municipality, Tanzania. This study was guided by the Social Protection Theory (SPT) which described that Social Security Funds provides benefits to both individuals and households to propagate losses of earnings caused by sickness, maternity, employment injury, invalidity, old age or death. This research used a concurrent research design with a mixed research approach. The target population for the study was business operators found in Moshi Municipality totaling to 6,884. A sample size of 378 respondents obtained from Yamane (1964) formula through stratified random sampling and purposive Sampling. A structured questionnaire was administered as the tool for collecting primary data and Key informant Interviews were administered to gather additional qualitative data. Validity was ensured through discussion of the instrument with experts. Reliability of the instruments was obtained having Cronbach’s Alpha coefficient of 0.76. Ethical considerations were adhered toward conducting this study. Descriptive statistics and content analysis was used for quantitative and qualitative data respectively. The study revealed that level of income affects the way that small or micro business operator perceives the value of social security funds in Moshi Municipality. This study recommends that social security funds should set a minimum income threshold for participation to ensure that micro and small business operators with low level of income participate in the social security funds in Moshi Municipal Council.
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