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Article
Publication date: 29 April 2024

Gargi Sanati and Anup Kumar Bhandari

In the backdrop of an increase in market-based banking activities, this paper aims to study operational efficiency of Indian banking sector during 2009–2010 through 2017–2018…

Abstract

Purpose

In the backdrop of an increase in market-based banking activities, this paper aims to study operational efficiency of Indian banking sector during 2009–2010 through 2017–2018 considering Capital Gain and Gain from Forex Market (as desirable outputs) and Slippage (as undesirable byproducts) simultaneously, along with Advances – a desirable output considered in the traditional banking performance assessment literature. This enables to have an assessment of performance (as captured by the measured efficiency scores) of Indian Banks following an alternative viewpoint about the banking activities. The authors also explain such efficiency scores in terms of bank-specific factors, banking industry competition scenario and interest rate channel.

Design/methodology/approach

Using data envelopment analysis (DEA) method, the authors estimate six alternatives but interlinked operational efficiency scores (TES) of the Indian domestic commercial banks. In the second stage, they explain such TES in terms of bank-specific factors, banking industry competition scenario and interest rate channel.

Findings

The authors observe that the private sector banks as a group outperform those under public ownership. Moreover, although the private sector banks could maintain somewhat consistency in their operational efficiency performance over the sample period, public sector banks clearly show a declining tendency. The second stage econometric estimation results show that the priority sector lending has a negative effect on efficiency. Interestingly, the authors get varying results for the relationship between maturity and efficiency score depending on banks’ strategies on stressed assets management. Furthermore, the analyses result that banks are not so efficient in managing relatively larger-volume loans. It is also observed that banks’ efficiency positively depends on the Credit-to-Deposit (CD) ratio. It is found that the overall operational efficiency of the banks to manage their credit risk portfolio improves with a reduction in the lending rate (LR). However, the interaction of lending activities and capital market shows that with the increase in LR, corporate borrowers may switch to capital market to explore for desired funds, which may induce the banking sector to investment in capital markets and create a positive market sentiment.

Originality/value

Literature, although scanty, is there dealing stressed assets of a bank as some undesirable byproducts of its operational and business activities. However, such literature mostly done within the traditional framework of banking business activities and modern market-based business activities are almost absent in the literature. The authors have done it in the present study.

Details

Indian Growth and Development Review, vol. ahead-of-print no. ahead-of-print
Type: Research Article
ISSN: 1753-8254

Keywords

Book part
Publication date: 19 July 2023

Anup Kumar Saha and Sreelata Biswas

Stable high growth in the service sector has made India free from the stigma of slow and steady ‘Hindu rate of growth’ of about 3.5% per annum during the first three decades of…

Abstract

Stable high growth in the service sector has made India free from the stigma of slow and steady ‘Hindu rate of growth’ of about 3.5% per annum during the first three decades of independence. Service-led growth has placed India among the top performing giant economies in the world. India is now a 3 trillion USD (United States Dollar) economy in terms of Nominal GDP (IMF, 2020). Under this milieu, the chapter aims to examine whether the growth in the service sector in India is inclusive or not. The observations of the study have shown that the service sector has been growing at fast pace compared to the other two sectors, which makes the system into jobless status. The sectoral contribution of service sector to the GDP is increasing after the new economic reform of 1990, but the employment contribution is going down. So the country is now in the grip of ‘jobless’ growth, and the grip is strengthening because of some structural issues such as changes in consumers’ demand with rising per capita income. Further deepening of finance capital in the savings sphere of service sector has made the wide disconnect between the real economic activity and growth of finance capital. Revival of high linkage sectors with higher potential for employment growth, such as agriculture and manufacturing, can be game changer towards the goal of inclusiveness.

Details

Inclusive Developments Through Socio-economic Indicators: New Theoretical and Empirical Insights
Type: Book
ISBN: 978-1-80455-554-5

Keywords

Content available
Book part
Publication date: 19 July 2023

Abstract

Details

Inclusive Developments Through Socio-economic Indicators: New Theoretical and Empirical Insights
Type: Book
ISBN: 978-1-80455-554-5

Article
Publication date: 12 February 2024

P. Ravi Kiran, Akriti Chaubey, Rajesh Kumar Shastri and Madhura Bedarkar

This study assesses the SDG-related well-being of indigenous communities in India using bibliometric analysis and the ADO-TCM framework. It provides insights into their alignment…

Abstract

Purpose

This study assesses the SDG-related well-being of indigenous communities in India using bibliometric analysis and the ADO-TCM framework. It provides insights into their alignment with sustainable development objectives.

Design/methodology/approach

This study analysed 74 high-impact journals using bibliometric analysis to evaluate the well-being of India’s indigenous peoples about the SDGs.

Findings

This study analyses the well-being of tribal communities in India using existing scholarly articles and the ADO-TCM framework. It emphasises the importance of implementing Sustainable Development Goals (SDGs) to promote the well-being of indigenous populations.

Originality/value

This study uses bibliometric analysis and the ADO-TCM framework to investigate factors impacting tribal community welfare. It proposes theoretical frameworks, contextual considerations and research methodologies to achieve objectives.

Details

Management of Environmental Quality: An International Journal, vol. ahead-of-print no. ahead-of-print
Type: Research Article
ISSN: 1477-7835

Keywords

Article
Publication date: 4 February 2022

Mohammad Nazim, Raj Kumar Bhardwaj, Anil Agrawal and Afroz Bano

This study aims to analyze Open Access (OA) publishing trends and policy perspectives in India. Different aspects, such as the growth of OA journals digital repositories, the…

Abstract

Purpose

This study aims to analyze Open Access (OA) publishing trends and policy perspectives in India. Different aspects, such as the growth of OA journals digital repositories, the proportion of OA availability to research literature and the status of OA mandates and policies are studied.

Design/methodology/approach

Data for analyzing OA trends were gathered from multiple data sources, including Directory of Open Access Journals (DOAJ), OpenDOAR, SCImago and Web of Science (WoS) databases. DOAJ and OpenDOAR were used for extracting OA journals and digital repository data. SCImago Journal and Country ranking portal and WoS database were used to obtain Indian publication data for assessing the proportion of OA to research literature. ROARMAP was used to study OA mandates and policies adopted by universities, research institutions and research funders in India. OA mandates and policies of major regulatory bodies and funding agencies were also reviewed using secondary sources of information and related websites.

Findings

India ranks number 15 and 17 globally for OA journals and OA repositories, with 317 journals and 98 repositories. Although India’s proportion to OA publications is 23% (7% below the world average of 30%), the annual growth rate of OA publications is around 18%. Although the governing bodies and institutions have made efforts to mandate researchers to adopt OA publishing and self-archiving, its implementation is quite low among Indian researchers, as only three institutions (out of 18 listed in the ROARMAP) are defined the embargo period. Funding agencies in India do not provide financial assistance to authors for the payment of Article Processing Charges despite mandates that research is deposited in OA repositories. India lacks a national OA policy but plans to implement a “one nation one subscription” formula to provide OA to scientific literature to all its citizens.

Research limitations/implications

The study has certain limitations. Because much of India’s research output is published in local journals that are not indexed in WoS, the study recommends conducting further analyses of publications using Scopus and other databases to understand the country’s OA publishing proportion better. A further study based on feedback from different stakeholders through a survey may be conducted for formulating a national OA policy.

Originality/value

The study is the first that used multiple data sources for investigating different facets of OA publishing in India, including OA journals, digital repositories, OA research output and OA mandates and policies for publicly funded research. The findings will be helpful for researchers and policymakers interested in promoting OA adoption among researchers worldwide.

Details

Global Knowledge, Memory and Communication, vol. 72 no. 4/5
Type: Research Article
ISSN: 2514-9342

Keywords

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