The hedging effectiveness for bank futures and CNX nifty are evaluated in this study. The study is based on 9,569 observations of the daily data for these index futures. For evaluation ordinary least square, co-integrated ordinary least square, generalized auto-regressive conditional...

The hedging effectiveness for bank futures and CNX nifty are evaluated in this study. The study is based on 9569 observations of the daily data for these index futures. For evaluation OLS, co-integrated OLS, GARCH (1, 1) and constant correlation GARCH (1, 1) hedging methods are estimated and...

Domestic tea markets need an efficient and transparent trading platform for the benefit of its producers. In this context, the present paper performs cointegration analysis between domestic and international auction prices, and also among domestic auction prices, using monthly data and...

This paper discusses the nature, determinants and extent of alcoholism with its burden on the society. The logit and multi-logit models are used for the data analysis based on a qualitative survey method. Findings suggest that standard of living index and education will help to reduce alcoholism...

The ‘bank' and hence ‘banking' is one of the greatest inventions in human civilization that accelerates socio-economic growth through regular developmental process. ‘Banking' in itself acts as a dynamic developmental instrument for the development. This banking process considers several...

Social banking considers well-being of the society through the positive relationship between Corporate Social Performance (CSP) and Corporate Financial Performance (CFP) of economic units. This paper seeks to understand the relationship between CSP and CFP in Indian banking industry. The study...

CNX bank nifty trading performance represents the state of Indian banking sector and thereby evaluates the socio-economic objectives. Using bivariate GARCH (1,1) model for both CNX bank nifty and nifty futures this study found that there persist long-run relationship between the spot and futures...

Background: The financial futures market in India is relatively new. The major advantage of derivatives as financial products is that their use minimizes the risks associated with securities. However, hedging effectiveness requires understanding key market signals such as trading margins, credit...