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Agrawal, Rachna
- Review of Priority Sector Lending Performance of Indian Commercial Banks
Abstract Views :242 |
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Authors
Affiliations
1 YMCA UST, Faridabad, IN
1 YMCA UST, Faridabad, IN
Source
Asian Journal of Management, Vol 6, No 4 (2015), Pagination: 302-306Abstract
Priority Sector Lending (PSL) is an attempt by Reserve Bank of India to channelize financial assistance to neglected sector of economy. Priority Sector lending includes agriculture, Small scale industries, weaker sections, education and housing etc. RBI has done various changes in PSL guidelines time to time. There are various researches which study the affect of PSL on economy, banks and beneficiaries. It is also found in different studies that there are various quality issues in PSL. In this study researcher try to find out the factors related to banks and beneficiaries of PSL which affect the quality of PSL.Keywords
Priority Sector Lending, Agriculture, Non Performing Assets (NPA), Reserve Bank of India (RBI), Private Banks, Public Banks.
- A Study of Relationship Marketing Strategies in Public and Private Banks with Special Reference to NCR
Abstract Views :248 |
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Authors
Affiliations
1 YMCA University of Science and Technology, Faridabad, IN
2 L, Lingaya’s University, Faridabad, IN
1 YMCA University of Science and Technology, Faridabad, IN
2 L, Lingaya’s University, Faridabad, IN
Source
Asian Journal of Management, Vol 8, No 3 (2017), Pagination: 384-388Abstract
Relationship Marketing is process to attract, interact and retain the profitable customers. In modern world, banks are feeling increasing competitive pressures. Therefore, it has become compulsion for them to follow the concept of relationship marketing. The objective of the paper is to know about the relationship marketing strategies adopted by public and private sector bank. The study has been done from the perspective of employees. For identification of variables, literature review has been done. The data was collected from the employees of banks selected. 36 variables have been reduced to the eight factors. Exploratory Factor Analysis has been done using SPSS 21. Eight factors found are customer service, special treatment to customers, employee empowerment, multichannel approach and channel optimization, customer lifetime value, customization of products, customer database management and last but not the least technical expertise.Keywords
Relationship Marketing Strategies, Customer Service, Customer Database, Customer Lifetime Value, Customer Relationship Management, Exploratory Factor Analysis, Customization, Channel Optimization.References
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- Determining the Efficiency of the Black and Scholes Model in Pricing of Nifty Stock Call Options After Replacing the Spot Price by the Discounted Value of Future Price
Abstract Views :198 |
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Authors
Affiliations
1 Department of Management Studies, YMCA University of Science and Technology, Faridabad, Haryana, IN
1 Department of Management Studies, YMCA University of Science and Technology, Faridabad, Haryana, IN
Source
Asian Journal of Management, Vol 8, No 3 (2017), Pagination: 667-674Abstract
The aim of this research paper is to study the Black-Scholes model and the model after bring change in the spot price. The systematic difference between call option market prices and prices calculated under the Black-Scholes model have been observed for the valuation of call option contracts written on eight Indian stocks quoted on NSE. We have seen that Future prices of stocks are traded less than the market price which causes the negative cost of carry bias. The various pricing errors produced by the Black-Scholes model can be attributed to this difference. The negative cost carry problem has been addressed by Black in commodity market by using Future prices instead of spot prices as the Future prices incorporate cost of carry as well as the various mismatches faced by market. This research paper first examines the pricing errors produced by the Black-Scholes model and at the second stage it replaces spot price (S) in the original Black-Scholes model by the Discounting Value of the Future Price (DVFP) to gauge the pricing accuracy. It has been found that the exhibited errors under the Black- Scholes model are high and the model after replacing spot price by the DVFP shows improvement over the Black-Scholes model.Keywords
Black-Scholes Model, Negative Cost of Carry, DVFP.References
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