ISSN (Print) - 0012-9976 | ISSN (Online) - 2349-8846

Articles By Anup Kumar Bhandari

An Investigation into the Selected Non-banking Financial Companies in India

The non-banking financial companies play a critical part in credit intermediation in India, with an active participation in credit lending to the segments that are largely left out by the formal banking channels. These include micro, small and medium enterprises, agriculture sector, and other unbanked sectors. Hence, they play a noteworthy role in the last-mile delivery of financial services and overall financial inclusion. Against the backdrop of the recent liquidity crisis, the financial health of selected 15 large NBFCs and the capital requirement regulations towards the sector are examined.

Kerala State Road Transport Corporation

This paper is a modified version of the MA dissertation submitted to the Indian Institute of Technology Madras by Sreelakshmi P. The authors gratefully acknowledge the helpful comments and suggestions from an anonymous referee, which helped them to Improve the paper. The authors are also grateful for the various comments they received during the review meetings of the project.

Total Factor Productivity Growth and Its Decomposition

This article considers overall total factor productivity improvement achieved by 68 Indian commercial banks from 1998-99 to 2006-07, and breaks it into its components - technical change, technical efficiency change and scale (efficiency) change factor - using the Data Envelopment Analysis methodology. The results suggest that public sector banks, on an average, adjusted to the changing environment better and improved their performance relative to their counterparts under private and foreign ownership. This finding has important policy implications in that the government should be more cautious in liberalising the Indian banking sector and not blindly invite more foreign players to it.