Indian Journal of Finance 

About: Indian Journal of Finance is an academic journal published by Associated Management Consultants, PVT, Ltd.. The journal publishes majorly in the area(s): Stock market & Business. It has an ISSN identifier of 0973-8711. Over the lifetime, 414 publications have been published receiving 1253 citations. The journal is also known as: IJF.

Effects of the Global Financial Crisis

Abstract: US sub prime crisis happens to be more serious as the synchronization effect has been larger because of globalization financial markets. The crisis, which started in the financial system, has been having adverse effect on the real economy. This paper analyzing recent trends in financial crisis and emphasizing on the severity of crisis in various segments of the real economy he came down the need for co-ordinated fiscal polices to come out of recession. The policymakers and Economists to rethink the model of 'privatization of profit and the socialization of cost'.

Determinants of financial inclusion: a study of some selected districts of west bengal, india

Abstract: Despite the current focus of policies devoted to enhancing access to finance in India, there is a shortage of information regarding actual access to finance. This paper attempts to measure the inter-state variations in the access to finance using a composite index of financial inclusion. Focusing on the level of financial inclusion, this paper identifies the underlying factors that are responsible for creating obstacles in the process of financial inclusion in rural West Bengal. Analysis based on Binary Probit Regression Model establishes that the greater degree of awareness of basic banking services, diversification of rural non-farm sector, literacy drive to rural households and an expansion of household level assets are some of the crucial factors which have significant bearings to create an enabling environment in reducing the obstacles in the process of financial inclusion. However, the land reform measures, which have created significant impact on landless, small and marginal farmers in West Bengal, especially in providing economic security, fail to augment the process of financial inclusion by bringing them in the network of financial services.

A Comparative Study of Gold Price Movements in Indian and Global Markets

Abstract: Since the earliest times, gold has been important for mankind. The basic reason for this being its unique physical properties. Gold as a commodity, as a currency, continues to play its ancient role as the only true standard of value in times of war or crisis. History tells us that only gold retains its value during war; change of empires and govt. and at the time of crisis. Although now officially, gold held to be of only industrial value, gold is the oldest and most respected currency in the world and only one respected currency in the world when national paper money lose value. That is why every central bank of any significance buys and holds goods in reserve in a world of almost universal paper money. The monetary use of gold, along with silver has been very wide spread since ancient times. Gold and silver coins have been most readily acceptable medium of exchange due to intrinsic values of the two metals. The major problem in this use of gold as a coinage metal is its short supply. It is produced only by a few countries mainly South Africa (producing 3/4th of the total world production) Soviet Union, Canada, USA, Ghana, Philippines and Australia. In India gold has maintained an important presence since very early times.

Analysis of the Financial Performance of Indian Commercial Banks: A Comparative Study

Abstract: Financial performance of a bank indicates the strength and weakness of that particular bank by properly establishing the association between the items of the balance sheet and profit&loss account. The present study is a comparative analysis of the financial performance of Indian commercial banks. The study considered a sample of 37 banks (22 public sector banks and 15 private sector banks) for the period from 2006-07 to 2010-11. CAMELS rating methodology was used in the study to measure the performance of the considered banks. The study found that the IDBI Bank was the best performing bank followed by Kotak Mahindra Bank and ICICI Bank. Dhanalaxmi Bank had the worst performance followed by J&K Bank and Karnataka Bank Ltd. The results of the 't' - test disclosed that there is a significant difference in the Capital Adequacy, Asset Quality and Earning Capacity of public and private sector banks in India, while there is no significant difference in the Management, Liquidity Position and Sensitivity to market risk of the two different banks groups. The study concluded that on an average, there is no statistically significant difference in the financial performance of the public and private sector banks in India, but still, there is a need for overall improvement in the public sector banks to make their position strong in the competitive market.

Causal Nexus Between Foreign Direct Investment and Economic Growth in India

Abstract: Foreign Direct Investment (FDI) is widely viewed as an important catalyst for the economic transformation of the transition economies. The most widespread belief among researchers and policy makers is that FDI boosts growth through different channels. They increase the capital stock and employment, stimulate technological change through technological diffusion and generate technological spillovers for local firms. As it eases the transfer of technology, foreign investment is expected to increase and improve the existing stock of knowledge in the recipient economy through labour training, skill acquisition and diffusion. It contributes to introduce new management practices and a more efficient organisation of the production process, which in turn improves the productivity of host countries and thus stimulates economic growth.