(An Autonomous Apex Institute Established by RBI & Banks)
(An Autonomous Apex Institute Established by RBI & Banks)
NIBM working paper series is an initiative to disseminate the initial research outcome of NIBM faculty members. The major research areas are Finance, International Finance, Credit Risk, Market Risk, Operational Risk, Treasury, Agricultural Finance, Economics, Marketing, Strategy, Operations Management, Analytics, Information Systems, and Human Resource Management within the broad areas of banking and finance. These research works are not peer-reviewed. The idea is to share the research outcomes to receive comments and suggestions. Some of the papers are expected to be under review for possible publications in peer-reviewed journals. Any citation of these research papers requires to mention of the appropriate URL with the source, and the date of access.
Paper Number: WP45/2024
Publication Year: May 2024
Authors:
Naveen Kumar K, naveen@nibmindia.org
V S Kaveri
Narul Shah
The transformative potential of cash flow-based lending (CFBL) in addressing the working capital needs of Micro, Small, and Medium Enterprises (MSMEs). The research paper investigates the concept and process of CFBL, emphasizing its importance for MSMEs in accessing timely financing solutions. It analyzes why the adoption of CFBL is …
Paper Number: WP44/2024
Publication Year: May 2024
Authors:
Tasneem Chherawala, tasneem@nibmindia.org
Our paper designs a forward-looking, default probability measure to quantify transition risk for carbon-intensive companies. We establish using this metric for Indian steel companies, that extreme transition shocks from global climate mitigation policies, can substantially worsen firm-level credit risk. The extent of impact depends upon the company’s unique profile …
Paper Number: WP43/2024
Publication Year: May 2024
Authors:
Tasneem Chherawala, tasneem@nibmindia.org
On May 3, 2024, the Reserve Bank of India (RBI) issued draft directions for income recognition, asset classification and provisioning (IRACP) pertaining to advances towards projects under implementation (RBI, 2024). These are applicable for all regulated entities in the financial sector in the business of project finance for large …
Paper Number: WP42/2024
Publication Year: April 2024
Authors:
Smita Roy Trivedi, smita@nibmindia.org
Rajesh Ramakrishnan
In international trade finance, the Letter of credit (LC) has a key role to play in risk mitigation. However, the Letter of credit is a complex instrument, and guidelines from the International Chamber of Commerce (ICC) in the form of Uniform Customs and Practice for Documentary Credits (UCP-600) as …
Paper Number: WP41/2024
Publication Year: April 2024
Authors:
Shomi Srivastava, shomi@nibmindia.org
Research suggests that the social influence process relates to several meaningful outcomes in an organizational setting. The advancement of the study of the social influence process in an organizational context has, however, been hindered by the lack of a validated social influence measure based on recent advancements in influence …
Paper Number: WP39/2024
Publication Year: April 2024
Authors:
Smita Roy Trivedi, smita@nibmindia.org
(Revised version accepted for publication in Commentary section, EPW)
Paper Number: WP38/2024
Publication Year: April 2024
Authors:
Shomi Srivastava, shomi@nibmindia.org
The objective of the research to investigate the impact of work experience and span of supervision on the choice of behavioral influence tactics. The research examines the consultation tactic and exemplification tactic as the dependent variables. Path coefficient and Multivariate analysis identified a significant relationship between work experience and …
Paper Number: WP37/2024
Publication Year: March 2024
Authors:
Jiji T Mathew, jiji@nibmindia.org
The main objective of this article is to critically assess the monetary tightening measures adopted by Reserve Bank of India (RBI) since April, 2022, and analyse its effects on money, bond, deposit and credit markets, including the real economy. It briefly looks at India’s quarterly inflation performance and also …
Paper Number: WP36/2024
Publication Year: March 2024
Authors:
Deepankar Roy, d_roy@nibmindia.org
Following demonetization, India experienced a significant increase in cashless transactions, propelled by initiatives such as PMJDY and the digital revolution driven by e-KYC and UPI. PMJDY, launched in 2014, facilitated the opening of a remarkable 420 million bank accounts, while UPI, introduced in 2016, emerged as a leading platform …
Paper Number: WP35/2024
Publication Year: March 2024
Authors:
Deepankar Roy, d_roy@nibmindia.org
Sarika Lohana
Fraud detection and prevention is a national concern. Fraud prevention is important for the national economy's corporate image, and an efficient mechanism must exist to identify and stop the continuation of the frauds, as well as strict prosecution. This study investigates the nature and types of bank frauds, as …
