The paper evaluates the impact of capital structure on profitability and market price of large cap and mid cap Indian pharmaceutical companies. The pharmaceutical companies listed in NSE and NSE midcap index were selected for the study. The secondary data was considered from 2013 to 2017. The...

An important assumption in the statistical analysis of the financial market effects of the central bank's large scale asset purchase program is that the 'long-term debt stock variables were exogenous to term premia'. We test this assumption for a small open economy in a currency union over the...

Given the structural differences in banking sector and financial regulation at country level in European Economic and Monetary Union (EMU), this paper tries to estimate the banking sector risk behavior at country level. Based on contingent claim literature, it computes “Distance-to-default...

The disaggregated analysis of the regions of India is the curve of any discussion on economic development. The heterogeneity of Indian states gives importance to the special care needed in terms of regional development, keeping in mind that the high growth rate has not benefited the states in...

The Indian banking industry is dominated by public sector banks. The poor financial inclusion is a challenge for the banking industry. The private sector banks were given licenses by RBI. These banks have also focused on the urban areas and ignored financial inclusion. RBI recently awarded in...

The paper analyses the impact of demonetisation on stock market and foreign exchange rate. The secondary data is used for the study. The BSE Sensex is used to assess the impact of demonetization. US dollar and Indian Rupee foreign exchange rate is considered. Sensex and sectoral indices data was...

A fragmented and inefficient banking has been a challenge for sustainable and inclusive growth in India. The largest democracy in the world needs robust, efficient and technology driven banking to reap the benefits of economies of scale, scope and inclusion. HDFC bank has announced merger with...

Banking is the lifeline of an economy. India as an emerging economy aspiring to achieve the status of a developed economy needs robust and inclusive banking sector. Russia Ukraine war has impacted global supply chain and currency exchange rate. This paper examines the impact of war between...

Sustainability has gained the attraction of policy makers, corporates, investors and other stakeholders across the world. The Environment, Social and Governance (ESG) investing has emerged as an attractive option for those seeking to balance profitability with sustainability. The present study...