Banking sector is the backbone of any economy and plays a pivotal role in the development of the nation. With the ever increasing need of involvement of banks in the economic growth process, the issue of non-Performing Assets (NPAs) has assumed mammoth proportions. Subsequently, as government in emerging countries pushes for financial inclusion, the risk associated with bank assets increases. With this background, this paper analyses problem of non-Performing Assets (NPAs) in Indian banking system. The authors have devised a unique way to forecast the NPAs in Indian banking system in 2020. The focus was to devise a model which would play a pivotal role in forecasting future NPAs in the Indian banking sector. This was achieved by looking into various methodologies and zeroing in on a model, which could be implemented to help understand how NPAs could be predicted.
The article tries to explore the role of workplace spirituality in relationship between organizational culture and organizational effectiveness. Denison’s theory of organizational culture and effectiveness is used for articulation of the above relationship. Denison’s framework focuses on four cultural traits: involvement, consistency, adaptability and mission. These traits collectively facilitate an organization’s capabilities for integrating and coordinating internal resources as well as its adaptation of the external environment, thereby leading to organizational effectiveness. All these cultural traits and their relationship with spirituality and organizational effectiveness are discussed in the article. This article is an attempt to emphasize that organizational culture should give a place for spiritual expression.
With progressive deregulation and liberalization ofthe Indlan flnancial sector, banks are increasingly exposed to variou... kinds ofrisk, bothjinancial and non-flnancial. Efficiency ofeve,:v bank depends on how effectively it i... managing the risks and ensuring a competitive risk adjustedreturn on capital. For this, it is essential to have in place effective risk management and internal control systems, which are crucial to the conduct ofbanking business not only to lead the bank more profitubly but also in compliance ofprudential guidelines. In addition, a supervisor l:e. Reserve Bank ofIndia (RBI) also looks upon the systems and practices in banks in assessing, managing and controlling risks through Risk Based Supervision (RBS), wherein the supervisory resources are directedtowards the areas ofgreater risk to the supervisory objectives which aim at protecting the interest of depositors, stability of the banking system and development of banks as agents of economic growth. Under the RBS approach, the supervisory process would also seek to leverage the work done by internal auditors / inspectors in banks. In this regard, in August 2001, RBI had brought out a discussion paper on "Move Towards Risk-Based Supervision of Banks" in whichfive significant area." have been identifiedfor action on the part ofhank...and Risk-It is now attempted to discuss about the suggested framework which is based on guidelines of RBI on RBIA Accordingly, the risk assessment is primarily undertaken for the purpose of formulating the risk-based audit plan.The risk assessment would, as an independent activity, cover risks at various levels (corporate and branch; the portfolio and individual transactions, etc.) as also the
Given the highly competitive nature of MBA admission, one cannot help asking the question if the criteria used in the admission decisions are predictable for success in management courses offered at various B-Schools. This paper tries to explain the determinants of performance of students who are enrolled in regular MBA program in an Indian B-School. The study is conducted on first year students of a premiere B-School using multiple regression. Study shows that performance of MBA student in the course is not determined by their earlier academic performance. It can be explained only by the student's exposure to the course contents either through previous experience or otherwise. Academic performance is also explained by motivation to learn, or the efforts student put during the course. This study has implications for management education not only in the area of admission decision but also in area of teaching methods.
Corporation is the most important part of value chain of growth for any nation, being developed or developing. These corporation acts through the board of directors elected by management team and shareholders. With markets expanding beyond domestic boundaries, globalization has found new space, first in vision and then very swiftly in mission statements of corporates. By these expanding organizations, not only the balance sheets of these new global corporates have become rich but also brought citizens from every corner of world to contribute and become part either as employees or as valuable stakeholders. This wave of globalization led to the amalgamation of different cultures under ambit of leadership which itself varied in terms of cultures and richness of moral values. For such originations and multinational corporations, the whole world is one market, both for their input requirement and output sell. The phrase Vasudhaiva Kutumbakam from Maha Upanishad [1] rightly suits the new culture of such global organizations. While competing in global market, they do require inheriting, replicating and practicing age old principles of Vasudhaiva Kutumbakam, ensuring competition in healthy sense while maintaining ethics and integrity in entire range of decision making process. This paper attempts to review the age old mythological principle of Vasudhaiva Kutumbakam to inherit leadership traits required in tough competitive market and incorporate an ethical dimension into the values, they stress upon. This paper will also attempt to review the various models like Utilitarian model, moral rights model and Justice model and draw a fine analogy between Indian mythological principle and corporate governance. The paper establishes the growing consensus that effective corporate governance, just like human behaviour, is and ought to be firmly anchored in assimilated values rather than cosmetic compliances which aims to reassure stakeholders about the company's exposure to various risks, mostly in reference to decision making proc-
scite is a Brooklyn-based organization that helps researchers better discover and understand research articles through Smart Citations–citations that display the context of the citation and describe whether the article provides supporting or contrasting evidence. scite is used by students and researchers from around the world and is funded in part by the National Science Foundation and the National Institute on Drug Abuse of the National Institutes of Health.
hi@scite.ai
10624 S. Eastern Ave., Ste. A-614
Henderson, NV 89052, USA
Copyright © 2024 scite LLC. All rights reserved.
Made with 💙 for researchers
Part of the Research Solutions Family.