India has the unique distinction of being the only country that releases information on the IPO bookbuilding process live to investors. Against this backdrop, we investigate the role this mechanism plays in generating investor interest during the bookbuilding process and the subsequent...

Purpose – This study aims to find whether the Indian private corporate sector follow stable cash dividend policies, whether dividends smoothen earnings, estimate the implicit target dividend ratio, and examine the determinants along with speed of adjustment of dividends towards a long run...

Purpose – The role of financial institutions and financial intermediaries in fostering the economic growth by improving the efficiency of capital accumulation, encouraging savings and ultimately improving the productivity of the economy has been well accepted by now. Recent studies show that...

Purpose – The aim of the study is to attempt to analyze the trends and patterns of institutional credit flow, deployed by the CBs, SCBs and RRBs, for production and investment purposes in agriculture and allied activities in India in the light of banking sector reforms initiated in the early...

Purpose – Indian Bank, a major commercial bank in South India, has launched Rural Credit Franchisee (RCF) model for lending money to small borrowers in villages. The study aims to study the business model, the profile of ultimate borrowers and their credit requirements and to study the...

Purpose – This paper aims to examine the effect of deregulation of government securities market on the cost of market borrowing of 14 major states in India. Design/methodology/approach – Empirical models explaining changes in interest rates on market borrowings of the Indian states under...

Purpose – This paper aims to ascertain the behavioral issues in the usage of GPF (a DC scheme) by government employees in India. Using a unique data set of employees working in a central government office this paper attempts to ascertain whether the employees are utilizing the GPF in a way in...