Basel III: Cost-Benefit analysis for Indian Banks

Abstract Ever since the global financial crisis hit the world economy in 2008, Basel Committee on Banking Supervision (BCBS) has been instrumental in suggesting regulations which will largely enhance the banking system’s ability to absorb economic upheavals. The suggested Basel-III regulations are an improved version of the earlier Basel-II banking regulations. It primarily emphasizes the Read More …

Planning for Smart Cities in the Indian Context

Abstract Smart cities are, in general, perceived to be high technology urban areas. They have been defined by many entities depending upon the business these entities are into. For example, organisations like IBM or Cisco talk about development of smart cities in terms of usage of Information and Communication Technology (ICT) to enhance the quality Read More …

A Survey of Systemic Risk Analytics

Abstract We provide a survey of 31 quantitative measures of systemic risk in the economics and finance literature, chosen to span key themes and issues in systemic risk measurement and management. We motivate these measures from the supervisory, research, and data perspectives in the main text, and present concise definitions of each risk measure-including required Read More …

Paradoxical Performance – Indian Power Sector in need of interventions

Abstract The Indian Power Sector responded positively to the policy reforms initiated in 1991 in the economic and industrial sectoral domains. The opening up of the power sector witnessed immediate interest and caused almost a gold rush kind of situation. Though the enthusiastic entry happened in tranches that are separated by settling period, overall the Read More …

Transformation of NMIMS – A Case Study on making of an Institution

Institutions are an outcome of a leader’s dream, vision and strategy. In the context of knowledge organizations like educational institutions, which involve talent management, its intangibility, values and culture define the institution. These characteristics differentiate it from all other forms of organization. For example, the culture of collegiality and consensus building helps in making a Read More …