The lecture is about the payment system in India, which is an important element of the financial sector infrastructure. The lecture also shows the evolution and objectives of the Indian payment system – as a public good, various milestones crossed by us in the past few decades, the major...

Very much research has been developed into debating what caused the global financial crisis and the possible solutions for avoiding a future one. Therefore, concern with governance issues and their focus has increased dramatically in recent years. An effective corporate governance requires...

Literatures on financial development and economic growth nexus have rapidly grown. Over more than a decade, research topics have been extended to a wider nexus of financial sector development-economic growth-and poverty alleviation. Regarding to the topic, access to finance becomes an important...

Sahara India Group has diversified business in the areas like finance, real estate, media and entertainment, tourism and services. Its business in finance, as usual, comes under the purview of Reserve Bank of India (RBI) jurisdiction. Its two financial institutions (FIs) – Sahara India...

The article identifies approaches to classification of factors of influence upon activity of subjects of the financial sector. It systemises factors of influence upon activity of subjects of the financial sector pursuant to certain approaches. It considers specific features of manifestation of...

This paper describes our case study based research exploring the shift from traditional ‘open-outcry’ to electronic trading in the major futures Markets in London and Chicago. We outline the emergence of electronic trading in these Markets, with the aim of examining the influences that will...

Claimants to SIFIs receive transfers when governments are forced into bailouts. Ex ante, the bailout expectation lowers daily funding costs. This funding cost differential reflects both the structural level of the government support and the time-varying market valuation for such a support. With...

The aim of this empirical study is to describe and provide analysis on the experience of managing capital flows in Iceland and the Baltic countries. During the build-up of the crisis, there were shortcomings in macroeconomic policies and in the policy mix, as well as in financial supervision in...