All Volumes and Issues - আরবিআই - Reserve Bank of India
অক্টোবর 23, 2006
State Finances and Effectiveness of Policy Measures: An Analysis of Indian States
Rajmal* This paper provides a phase-wise analytical review of the fiscal situation of the Indian major States over the previous two and half decades and examines the effectiveness of the policy measures to strengthen the State finances. The analysis reveals that the States’ fiscal position showed imbalances, albeit in a varied degree, since the mid-1980s which deepened in the second half of the 1990s. The effectiveness of policy measures has remained largely inadequat
অক্টোবর 31, 2005
Trends in Total Factor Productivity of Manufacturing Sector in West Bengal : A Sectoral and Temporal Analysis
This paper seeks to examine the overall industrial scenario of West Bengal for the past three decades. The paper studies the productivity of capital and labour for the two-digit industry groups and the total factor productivity (TFP) of the manufacturing sector of West Bengal as a whole vis-à-vis all-India and also for some selected groups of industries for West Bengal. West Bengal has lost its earlier status of one of the highly industrialised States of the country.
অক্টোবর 31, 2005
Key Issues on Development
The history of thinking and action on ‘development’ is, perhaps, the story of human civilization itself. However, the modern era of development thought and policy dates back to the end of the Second World War. In this era, the development paradigm has had its share of debate. The major questions, in any such debate, have been mostly as follows: What development is all about? How do we measure it? What is (or are) the approach (es) to development? What is the role of t
অক্টোবর 31, 2005
Business Process Outsourcing Concept, Current Trends, Management and Future Challenges
The title of the book evokes considerable academic interest given its topical significance. The book is broadly divided into nine parts. The theme of the book is on current trends of business process outsourcing (BPO) in India. A detailed study on outsourcing is especially relevant to India in the light of outcry from the West against exporting jobs. In this regard a recent citing may be noted: - "Catholics outsource prayer requests- Shortages of US priests have churc
অক্টোবর 31, 2005
Boom and Slump Periods in the Indian IPO Market
This paper attempts a detailed investigation of the boom and slump phases in the Indian primary capital market. It concentrates on two key variables, namely, IPO volume and initial returns and analyses their nature and interrelation during these two periods. This study also analyses the firm-specific characteristics and their influence on the timing of a company getting listed in the hot and cold market. The IPO volume series was autocorrelated over the entire period
অক্টোবর 31, 2005
A Revisit
I am very happy to respond to Govenor Reddy’s request that I write "a detailed Preface to the reprint of the First Volume of the History of the Reserve Bank of India, which would give the readers the full background." It is an excellent idea of Dr. Reddy to elicit from the author, after about thirty-five years, important and interesting aspects of the background of the History that may contribute to a full understanding of the contents of the History, not even a comma
অক্টোবর 31, 2005
Outsourcing to India : The Offshore Advantage
The world economy has fast turned into a ‘service economy’ since the 1990s. Services revolution across the globe has changed the business map and the way business is conducted. Around the world, phenomenal growth of services sector has outstripped the growth in real GDP in a number of economies from Asia and the OECD. This high growth of services has been aided by the expansion of trade in services due to increased tradability of a variety of business and other servic
অক্টোবর 31, 2005
Occasional Papers - Summer, Monsoon and Winter 2004
অক্টোবর 31, 2005
Liquidity Adjustment in Value at Risk (VAR) Model : Evidence from the Indian Debt Market
Conventional Value at Risk models are severely constrained while dealing with liquidity risk. This inevitably leads to an underestimation of overall risk and consequently misapplication of capital for the safety of financial institutions. Standard Value at Risk (VaR) model assumes that any quantity of securities can be traded without influencing market prices. In reality, most markets are less than perfectly liquid and many securities cannot be traded with ease in mar
অক্টোবর 31, 2005
International Trade in Goods : Performance of India vis-a-vis a Few Important Economies in South and East Asia
This paper analyses India’s performance in international trade in goods with a few important economies in South and East Asia, viz., China, Hong Kong SAR (China), Taiwan (China), Indonesia, Republic of Korea, Malaysia, Philippines, Singapore and Thailand based on certain trade indicators during the years 1980, 1990, 2000, 2001, 2002 and 2003. It is observed that performance by India in merchandise trade did not compare well with these economies. However, the study rev
অক্টোবর 31, 2005
The Interbank Money Market in India : Evidence on Volatility, Efficacy of Regulatory Initiatives and Implications for Interest Rate Targetting
The working of the interbank money market (the call money market) and the conduct of monetary policy are inextricably linked in economies that depend predominantly on indirect instruments of monetary policy. The stability of the call money rate, namely, the rate at which short term funds are lent and borrowed is, therefore, of critical importance to central banks which view it as an operational target to signal the stance of monetary policy. Experience shows that regu
ফেব 04, 2005
Rural Income : Some Evidence of Effect of Rural Credit During Last Three Decades
Tapas Kumar Chakrabarty* Introduction Section I The Reserve Bank’s Initiatives towards Rural Credit : An Historical Perspective Section II Some Quantitative Analysis of Rural Credit Section III Empirical Results Section IV Concluding Observations The growth of the rural economy is an important driver of the economy as a whole. Sectoral demand matrices substantiate the importance of the rural demand to boost other activities. The present study tri
ফেব 04, 2005
Global Acquisitions: Strategic Integration and the Human Factor
by Stan Lees, Palgrave McMillan, New York, 2003, pp.275, US $ 45 Mergers and acquisitions (M&As), joint ventures (JVs) and other forms of strategic alliances have recorded a tremendous growth in recent years. Acquisitions have become a generic strategy for many companies. Today 50 large multi-nationals, as an outcome of multiple acquisitions, drive the global economy and control around 25 per cent of total U.S. corporate assets. There are life cycle reasons behin
ফেব 04, 2005
Privatisation and Public Regulation: The Indian Experience
by Simrit Kaur, Macmillan India Ltd., New Delhi, 2003, Page 276, Price Rs. 385 The first four decades since independence witnessed an impressive growth of Public Sector Enterprises (PSEs) as they were envisaged as a matter of policy to assume the ‘commanding heights’ of the economy. The generally poor performance of PSEs in relation to expected goals radically altered the perceptions about the role of PSEs in the last decade and a half, and a persistently weak fiscal
ফেব 04, 2005
Determinants of Adoption of HYV Rice in West Bengal
by Anamitra Saha* Published by K. P. Bagchi & Company, Kolkata, 2004, Page: 200, Price Rs. 300 The history of agriculture is the history of intensification. Intensification follows successful innovations. It was innovation in the yields that is Green revolution in the mid-sixties, that catalyzed a metamorphosis from the conditions of food shortage to one of self-sufficiency and beyond- making India in the process, a world leader in the number of agricultural comm
ফেব 04, 2005
Rural Credit and Class Differentiation - West Bengal under Left Interventionist Regime
By Sudipta Bhattacharyya, K.P. Bagchi & Company, Kolkata, 2003 pp xvi +216, Rs.450 Indebtedness of peasantry is considered as the root cause of backwardness in agriculture, which in turn gives rise to class differentiation. One of the most important reasons for indebtedness/ miseries among the peasants of rural India is the dependence on the usury capital. In order to give relief to the indebted peasantry from the burden of high interest rates, banks were nationa
ফেব 04, 2005
Occasional Papers - Winter 2003
ফেব 04, 2005
The Reserve Bank of India’s Balance Sheet: Analytics and Dynamics of Evolution(Part 1 of 2)
Narendra Jadhav, Partha Ray, Dhritidyuti Bose and Indranil Sen Gupta* The present paper attempts to contribute to the growing literature on central bank balance sheets drawing on a case-study of the Indian experience. The analytical commentary on the evolution of the Reserve Bank of India Balance Sheet in relation to the post-Independence national macroeconomic experience is partitioned into three phases on the basis of shifts in the conduct of monetary policy. Inter
ফেব 04, 2005
Dynamics of Market Structure and Competitiveness of the Banking Sector in India and its Impact on Output and Prices of Banking Services
Kaushik Bhattacharya and Abhiman Das* The paper examines the nature and the extent of changes in the market concentration in the Indian banking sector and their possible implications on prices and output of banking services. The first part of the paper attempts to measure market concentration in banking in India in alternative ways from 1989-90 to 2000-01. In contrast to earlier empirical applications on banking, it focuses on both static and dynamic measures of mark
ফেব 04, 2005
Derivatives and Volatility on Indian Stock Markets
Snehal Bandivadekar and Saurabh Ghosh * Introduction Section I Literature Survey Section II Empirical Analysis Section III Conclusions Derivative products like futures and options on Indian stock markets have become important instruments of price discovery, portfolio diversification and risk hedging in recent times. This paper studies the impact of introduction of index futures on spot market volatility on both S&P CNX Nifty and BSE Sensex using
পেজের শেষ আপডেট করা তারিখ: জানুয়ারী 01, 2025