UGC Seminar at Shri Shikshayatan College,Kolkata
Shri Shikshayatan College,Department commerce organized a
one day UGC sponsored national seminar on “Contemrary Issues in
Finance,Management and Economics” in collaboration with The Institute of Cost
Accountant of India on 26th August,2016,Kolkata.
The seminar was inaugurated by G.K,Khaitan,President of the governing
body.Welcome address was given by the Principal Dr.Aditi Dey.CMA Manas Kumar
Thakur,President,ICAI,and CMA Avijit Goswami,chairman of Research Journal and
IT Committee impressed by their lectures.
In the plenary session-1, Under the Chairmanship of Prof.Dipti Kumar Chakraborty,Department of
Commerce ,University of Calcutta,Dr.Ashish Kumar Bhattacharjee of Indian
Institute of Corporate Affairs,gave his key note address efficiently.Dr.Debaprosanna
Nandy,Director of Research and Journal,ICAI,also gave lectures.In the Plennary
session-2,under the chairmanship of Prof.Dhruba Ranjan
Dandapat of Calcutta University,Prof.Shankarshan Basu of
IIM,Bangalore give his key note address on Indian Capital Market where he emphasized
on corporate India,gold asset,role of investor’s class,exchange,financial
indicators,FDI,growth vs distribution,and basic needs fulfillment.CA,Sumit
Binani-the SBAC and Associates and Director,Value Consultancy Pvt.Ltd.told in
his address on GST,tax structure,CSR and transport.Prof,Kanika Chatterjee of
Calcutta University spoke on “Sustainable Business and Education for a
Regeration Economy:A Post 2015 Global Development Perspective”.In the Technical
Session:Track1A on the theme of Finance And Economics,there are 10 papers from
various colleges in West Bengal.This session is chaired by Dr.Tanupa
Chakraborty,Prof. of Calcutta University.In Track1B on the theme Finance and
Economics there are 6 papers presented so far.I had a paper on “Non Performing
Assets and its relation with advance ,lending rate and GDP in Indian Banking
System”.This session is chaired by Dr.Ram Prahlad Chowdhury,Prof. of Calcutta
University.In Track-2,there were 9 papers presented so far.This session is
chaired by Prof.Rajib Dasgupta,of Calcutta University.
The seminar ends with a grand success with high academic
value.
NON
PERFORMING ASSETS AND ITS RELATION WITH ADVANCE,LENDING RATE AND GDP IN INDIAN
BANKING SECTOR
Dr.Debesh
Bhowmik
Abstract
The paper studied
the trend and behavior of gross NPA of schedule commercial banks,public sector
banks ,new private banks and foreign banks in India during 1996-97-2013-14 and searched
the relationship among gross NPA, gross advance, lending rate and GDP at factor
cost at current prices for all four groups of banks using semilog and double
log regression model, Bai-Perron (2003) structural break test, Johansen
cointegration test and VEC model(1988,1996). The paper concludes that in
schedule commercial bank in India ,gross NPA is increasing at the rate 6.62%
per year during 1996-97-2013-14 in which there is one structural break and is
significantly negatively related with GDP and lending rate and significantly
positively related with gross advance. Those four variables are cointegrated
with two cointegrating equations.Its VEC model is unstable having two
significant error corrections with diverging impulse response functions.
In public sector bank in India, gross NPA is
increasing at the rate 6.06% per year during 1996-97-2013-14 in which there are
four structural breaks and are significantly negatively related with GDP and
lending rate and significantly positively related with gross advance.Those four
variables are cointegrated with two cointegrating equations. Its VEC model is
unstable having two significant error corrections with diverging impulse
response functions.
In new private bank in India, gross NPA is
increasing at the rate 23.48% per year during 1996-97-2013-14 in which there
are four structural breaks and are significantly negatively related with GDP
and insignificantly with lending rate and significantly positively related with
with gross advance.Those four variables are cointegrated with three
cointegrating equations. Its VEC model is unstable having no significant error
corrections with diverging impulse response functions.
In foreign bank in India, gross NPA is increasing at
the rate 9.53% per year during 1996-97-2013-14 in which there are three
structural breaks and are insignificantly negatively related with GDP and
lending rate and significantly positively related with gross advance.Those four
variables are cointegrated with one cointegrating equation. Its VEC model is
unstable having one significant error correction with diverging impulse
response functions.
Key
words- Non performing assets, cointegration, vector error correction,
structural breaks
JEL-C23,E51,G01,G21
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