Working Papers - Abstract

  1. Venture Capital: Issues, Options & Strategies
  2. Risk Management in Indian Banks
  3. Banking Industry in India : A Backdrop & Changing Strategy

Venture Capital: Issues, Options & Strategies

Venture capital is a growing business of recent origin in India. The main motivation behind taking this work has been the quest for an answer to moderate performance and slow development of venture capital industry in India. Research was made on this aspect by surveying the opeartions of entire venture capital industry and the impcat of their services on the corporate sector. In the light of the empirical findings, the study goes to suggest appropriate measures to enable ventiure capital industry plau a part in consonance with requirements of planned growth of industry in general and the new and small firms in particular.

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Risk Management in Indian Banks

As we look to the 21st century, we can expect the boundaries between Indian banks and markets to disappear. Financial transactions will involve global trading of claims against all kind of assets, with information about these assets globally available electronically at the push of a button. With capital account convertibility finally taking shape in India, regulatory restriction on branches and interstate banking will become irrelevant in the coming age of frictionless global trading. Risks will be enormous and Indian banks may have to take earnest steps in this direction for effective and efficient management of risk in future. Innovative risk management techniques, concerned as it is with "first principles" can provide a solid base for such an understanding. The present paper attempts to provide various dimensions of risk and strategies for risk management to keep exposures within measurable bounds in financial intermediation process.This is the answer to the question.

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Banking Industry in India: A Backdrop & Changing Strategy

Banks have a special place in the financial system. Performance of the banking sector is considered as a proxy for the economy as a whole, due to bank’s wide spectrum of exposures. Indian banks are increasingly becoming a part of globally integrated financial markets, which are expanding rapidly by the imperatives of enlarging volumes of international trade facilitated by technological advancements, offering both opportunities and challenges in its wake. There is certainly a paradigm shift in banking in India in recent past. At present profitability, capital restructuring, and transparency are considered important.While our banking system has been recognised internationally as a safer system, it has historically remained under the impact of non-competitiveness, poor technology integration, high non-performing assets (NPAs) and grossly under productive manpower. Availability of technology has radically altered the traditional ways of banking. Introduction of ATMs, plastic cards, cyber cash, electronic data interchange and automated clearinghouses are few such developments. The process of computerisation in banking industry in India has just begun. The new private sector banks are poised to redefine banking in India, which will lead to immense competition amongst banks. It has become all the more significant keeping in view the fast developments and trends towards consolidation through mergers and acquisitions taking place in the international financial markets and the need for Indian banks to keep pace with them for the emergence of competitive and vibrant banking system in India. The present paper highlights the strategies, which if adopted will help the banks to excel in performance and march towards the new millenium as successful entities.

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Dr. A.K.Mishra
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Revised: September 01, 2000.