The hedging effectiveness for bank futures and CNX nifty are evaluated in this study. The study is based on 9569 observations of the daily data for these index futures. For evaluation OLS, co-integrated OLS, GARCH (1, 1) and constant correlation GARCH (1, 1) hedging methods are estimated and...

The ‘bank' and hence ‘banking' is one of the greatest inventions in human civilization that accelerates socio-economic growth through regular developmental process. ‘Banking' in itself acts as a dynamic developmental instrument for the development. This banking process considers several...

In the context of wide regional disparities emerging in the process of development, the banks have an additional responsibility in India. That responsibility is to enter the under developed regions and to mobilize and channelize resources into local economic activities such that local...