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Macro Research

Introduction


Research is a vital part of education. It helps institutions understand emerging trends and challenges, enabling them to refine educational programs effectively. Since 2003, the Institute has funded research in banking and finance under the Macro Research initiative, distinct from the 'Micro Research' essay competitions for bankers.

Eligibility


Call for Proposals: The Institute invites research proposals from universities, colleges, and banks on selected topics.

Approval Process: Proposals are reviewed and approved by the Research Advisory Committee (RAC), which includes eminent bankers and economists:

Dr. Ajit Ranade (Chairman)
Mr. Madan Sabnavis
Dr. S. Sarkar
Dr. Pallavi Chavan

Research Duration & Support: Selected scholars conduct research over 4-6 months with a grant of β‚Ή2,50,000.

Research Studies Undertaken


Year Title of Research Author(s)
October 2003 WTO and its Implications for Indian Agriculture Dr. N.S. Shetty, Dr. N.K. Thingalaya, Dr. M.S. Moodithaya
October 2003 Implications of WTO on Indian Industry: Leather and Garments Industries Dr. Soundara Rajan, Dr. Shanthi Nachiappan
April 2003 WTO and its Implications for Financial Services Dr. A.K. Sengupta, Dr. R. Aurora
December 2004 Model of Micro Credit Financing System Dr. B.T. Acharya
Year Title of Research Author(s)
July 2006 Mergers and Acquisitions in PSU Banks Dr. Rudra Sensarma, Maxwell Fry Research Fellow, Birmingham Business School and Dr. M. Jayadev, Professor, Indian Institute of Management, Lucknow
2006–07 Retail Banking – Models, Strategies, Performances and the Future – The Indian Scenario Dr. J. Sethuraman, Chief Manager, Indian Overseas Bank, Chennai
2006–07 Retail Banking in India: Opportunities and Challenges Dr. K. M. Bhattacharya, Prof. M. P. Deivikaran, Prof. L. A. Shaikh and Shri Anirban Basu, Centre for Advanced Banking & Finance Studies, ICFAI Business School, Mumbai
2007–08 Pricing of Bank Products and Services Prof. Dr. B. K. Swain, Centre for Rural Credit and Development Banking, National Institute of Rural Development, Hyderabad
2007–08 Housing Finance: A Study of Experiences of Commercial Banks Dr. N. K. Thingalaya, Dr. M. S. Moodithaya and Dr. N. S. Shetty, Justice K.S. Hegde Institute of Management, Nitte, Karnataka
2007–08 Agricultural Credit in India: Changing Profile and Regional Imbalances Dr. S. L. Shetty, EPW Research Foundation, Mumbai
2007–08 Mutual Funds and Banking: Indian and Global Experiences Dr. N. Subrahmanyam, Professor of Finance, IBS, Hyderabad
2008–09 Feasibility of Business Correspondent / Business Facilitator Models for Financial Inclusion in Uttar Pradesh Dr. Prasun Kumar Das, School of Rural Management, KIIT University, Bhubaneswar
2008–09 Operational Risk Measurement for the Indian Banking Sector: Alternative Measures Prof. Dr. Romar Correa and Dr. Swati Raju, Department of Economics, University of Mumbai, Mumbai
2008–09 Suitability of Business Correspondent Model for Financial Inclusion in Slums in Mumbai Dr. (Mrs.) Shobana Vasudevan, Principal & Head, Research Cell, R. A. Podar College of Commerce & Economics, Mumbai
2009–10 Customer Satisfaction Survey in Selected Microfinance Institutions Dr. Suresh Chandra Bihari, Sanjit Roy and Dr. Kaushik Bhattacharya, IBS, Hyderabad
2009–10 Financial Literacy: The Approach of Indian Banks Dr. A. N. Abhyankar, Akola Urban Co-operative Bank, Akola, Maharashtra
2010–11 Role of Credit Rating in Motivating Retail Investors with reference to Coimbatore District Dr. S. Renuga Devi, S. N. R. Sons College, Coimbatore
2010–11 Understanding the Structure of Microfinance Institutions in India and Suggesting a Regulatory Framework Dr. Prakash Singh, IIM Lucknow
Year Title of Research Author(s)
2011–12 BASEL-III: Implications for Indian Banking Dr. Vighneswara Swamy, IBS, Hyderabad
2011–12 A Study on Quality of Customer Services of Banks in India Dr. Manasa Nagabhushanam, Analyz Research Solutions Pvt. Ltd., Bangalore
2011–12 Bank Finance for Agro Business: A Case Study in Dakshina Kannada Dr. G. V. Joshi, Justice K. S. Hegde Institute of Management, Nitte
2011–12 Measuring Customer Services through Customer Satisfaction Index Dr. B. K. Swain, Centre for Rural Credit and Development Banking, NIRD, Hyderabad
2011–12 Evaluation of the BC/BF Model Dr. P. S. R. Prasad, State Bank Staff College, Hyderabad
2011–12 Issues in SME Financing Dr. Ram Jass Yadav, Bank of Baroda Staff College, Ahmedabad
2011–12 Priority Sector Credit Across States and Banks – Issues of Inclusiveness, Equity and Impact Assessment in Andhra Pradesh Dr. S. Kishan Rao, Chairman & Director, National Akademi of Development, Secunderabad
2012–13 Security and Privacy Issues in Internet Banking: A Study of Online Banking Portals and Customers’ Perspective Dr. Tejinderpal Singh, University Business School, Punjab University, Chandigarh
2012–13 Financial Inclusion in India: Why Not Happened? Dr. Debashis Acharya, School of Economics, University of Hyderabad and Mr. Tapas Kumar Parida, Economist, SBI, Mumbai
2012–13 Infrastructure Financing: Challenges of Restructuring Dr. Vikas Srivastava, IIM Ranchi
2013–14 Issues in Loan Restructuring & Provisioning (CDR) Dr. Rajendra Singh Chikara, DGM, State Bank Academy, Gurgaon
2013–14 The Trade Credit Channel of Monetary Transmission in India Mr. Saibal Ghosh, RBI, Mumbai
2013–14 Managing Current Account Deficit: Cross Country Experience from Developing Countries Dr. Partha Ray, IIM Calcutta
2014–15 Quantifying Basel III’s Time-Varying Capital Requirements and Their Impact on Macro and Financial Variables Over Business and Financial Cycles Dr. Saurabh Ghosh, RBI, Mumbai
2014–15 Rethinking Priority Sector Lending for Banks in India Mr. Sumit Jain, Mr. Tapas Kumar Parida & Dr. Soumya Kanti Ghosh, SBI, Mumbai
2014–15 The Impact of Technology on the Performance of Indian Banking Industry: An Empirical Study Dr. Sanjeev Bansal, Professor & Chairman, Department of Economics, Kurukshetra University, Kurukshetra
2015–16 Corporate Financing Options in India: Banking vs. Capital Markets Dr. Ajaya Kumar Panda, National Institute of Industrial Engineering, Mumbai and Mr. Bibekananda Panda, State Bank Staff College, Hyderabad
2015–16 A Study on the Effectiveness of Transmission of Monetary Policy Rates in India Dr. Vighneswara Swamy, IBS, Hyderabad
2015–16 Evaluating Implementation of Jan Dhan Yojana Dr. Bijay Kumar Swain, National Institute of Rural Development & Panchayati Raj, Hyderabad
2015–16 A Study on Risks from Foreign Currency Exposure of SMEs and Their Impact on Banks Dr. Akhilesh Tripathi, State Bank of India
Year Title of Research Author(s)
2016–17 Impact of Demonetization on the Microfinance Sector and the Financial Inclusion of Poor Dr. Radhika Ramanchi, Hyderabad Business School, GITAM University; Ms. R. Sushma, Aurora PG College, Hyderabad; Prof. A. Sreeram, Hyderabad Business School, GITAM University
2016–17 Impact of Technological Disruption on Workforce Challenges of Indian Banks – Identification, Assessment & Mitigation Dr. Neha Chhabra Roy, Narsee Monjee Institute of Management Studies, Bangalore & Dr. T. Viswanathan, Symbiosis Institute of Business Management, Bangalore
2017–18 Non-Performing Assets of Banks in India: Efficiency in Management Dr. Swati Raju, Mumbai School of Economics & Public Policy (Autonomous), University of Mumbai
2017–18 Shadow Banking in India: Do Bank-Run Asset Management Companies Perform Liquidity Transformation Through Exposure to NBFCs and Does This Increase Systemic Risk? Dr. Jaslene Bawa, FLAME University; Dr. Sankarshan Basu, Indian Institute of Management, Bangalore; Dr. Asish Saha, FLAME University
2017–18 Ethics and Corporate Governance in Indian Banking Sector Dr. Prakash Singh, Indian Institute of Management, Lucknow
2017–18 A Study on Issues and Challenges in MSME Financing in the State of Bihar Dr. Vipul Kumar Singh, National Institute of Industrial Engineering (NITIE), Mumbai & Dr. Santosh Kumar, Chandragupt Institute of Management, Patna
2018–19 Issues and Challenges in Moving Towards a Digital and Cashless Banking Economy Dr. Karabi Goswami & Dr. Shazeed Ahmed, Assam Institute of Management
2018–19 Sustainability of Cashless Banking in Unorganised Retail Sector: A Comparative Study of Two Districts of Telangana Dr. Archana Srivastava & Dr. Rishi Kumar, BITS Pilani Hyderabad Campus
2018–19 Determinants of Customer’s Continuance Intention to Use Digital Banking: Public and Private Banks Dr. P. Ganesan & Dr. A. Sivakumar, VIT Business School, Vellore
2019–20 Transforming Rural Agricultural Cooperative Banks With Microfinance Model – A Ubiquitous Way of Banking Resurgence Dr. P. Baba Gnanakumar & Dr. Nelson Michael Justin, Kristu Jayanti College, Bengaluru
2019–20 Financial Intervention for Sustainable Tribal Livelihoods: A Study to Understand the Objectives vs Outcomes of Microfinance and SHGs (Women) Empowerment Dr. G. Bhaskar N. Rao, IDBI Bank Ltd. & Ms. Rachel Alice Filbert, Andhra Pradesh Grameena Vikas Bank
2020–21 A Report on Issues and Challenges in Financing MSME in Pune, Maharashtra Shri Prasad Srikant Barje, State Bank Institute of Learning & Development, Pune; Dr. Elizabeth James, National Institute of Bank Management, Pune
Year Title of Research Author(s)
2021–22 Impact of EASE Reforms on Banking Mr. Dinesh Mishra, Union Bank of India & Dr. Amrendra Pandey, Kautilya School of Public Policy, Hyderabad
2021–22 Linkages Between Competitive Structure and Financial Stability: An Empirical Analysis of Indian Banks Dr. Ajaya Kumar Panda, IIM Mumbai
2022–23 The Impact of Supply Chain Financing (SCF) on MSME Performance in India: With Special Reference to Recent Regulatory Amendments to Trends Dr. Leena S., B.M.S. College of Engineering, Bangalore
2022–23 Usefulness of Business Correspondents in Kashmir Region – A Perception of Customers and Bankers Mr. Pirzada Mohd Athar, J&K Bank; Dr. Peerzadah Mohammad Oveis, GITAM School of Business, Bengaluru & Dr. Bijoyata Yonzon, Janki Devi Memorial College, University of Delhi
2023–24 Empowering Financial Outreach Among Masses by Harnessing the Potential of Social Media Dr. Meena Sharma & Prof. Nikita Ramrakhiani, Vivekananda Education Society Business School, Mumbai

Highlights


SOver 60 research projects funded from 2003 to 2023

Topics cover agriculture, banking reforms, financial inclusion, risk management, and digital banking

Reports available in 5 published volumes up to 2011

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Winners of Macro-Research 2023-24

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