Banking system is an important constituent of the overall economic system. It plays an important role in mobilizing the nation's savings and in channelizing them into high investment priorities and better utilization of available resources. Hence, banking can better be …
The development of financial structure is actually an indispensable clause to economic growth. This development is greatly facilitated by the existence of sound financial system which consists of well-developed and integrated financial institutions, innovative instruments and financially deepened market. Amongst …
Rapid advances in information and communication technology (ICT) are changing the way business is done everywhere. The Insurance business is being changed by ICT too. Exactly where the changes is leading is unforeseeable, by change is inevitable and intelligent participants …
Inflation is the relentless phenomena for every country in the world. In the third week of July 2008, inflation climbed to 11.98%. It may not have crossed the significant mark of 12%. The R.B.I. hoped to contain inflation with a …
The main idea behind the disinvestments is realizing large amount of public resources locked up in non-strategic Public Sector Enterprises (PSEs) reemployment in area that are much higher on social priority such as basic health family welfare, primary education and …
Value-at-Risk (VaR) estimation through volatility analysis is a regulatory requirement. Many asset management companies and bourses tend to use EWMA and GARCH based techniques towards this. This paper compares the predictive power of Stochastic Volatility Model (SVM) and Kalman Filter …
Remittance is sending money, cheques to a recipient at a distance. NRI Remittances have been playing a pivotal role in economic growth of India just as across the world. India enjoys the status of receiving the highest remittances in the …