Inflation Rate Modelling Through a Hybrid Model of Seasonal Autoregressive Moving Average and Multilayer Perceptron Neural Network

This study examines the performance of seasonal autoregressive integrated moving average (SARIMA), multilayer perceptron neural networks (MLPNN), and hybrid SARIMA-MLPNN model(s) in modelling and forecasting inflation rate using the monthly consumer price index (CPI) data from 2010 to 2019 obtained from the South African Reserve Bank (SARB). The forecast errors in inflation rate forecasting are analyzed and compared. The study employed root mean squared error (RMSE) and mean absolute error (MAE) as performance measures. The results indicate that significant improvements in forecasting accuracy are obtained with the hybrid model (SARIMA-MLPNN) compared to the SARIMA and MLPNN. The MLPNN model outperformed the SARIMA model. However, the hybrid SARIMA-MLPNN model outperformed both the SARIMA and MLPNN in terms of forecasting accuracy/accuracy performance.

UPI Challenges and Direction in Fund Management with Special Reference Banking Sector

After demonetization, there was a massive requirement for currency notes, but the government was unable to provide the required quantity of currency notes, and also Indian government wanted to promote cashless transactions. UPI is built over Immediate Payment Service (IMPS) for transferring funds using Virtual Payment Address (a unique ID provided by the bank). Unified Payments Interface is a payment system launched by (NPCI), which is National Payments Corporation of India, and is regulated by the (RBI) Reserve Bank of India, which provides the facility of instant fund transfer between two bank accounts online through payment apps. Digital transactions by UPI have been made very easy. The UPI service is available 24X7, and it is not like RTGS and NEFT, which do not work on holidays and non-banking hours. This will bring tremendous efficiency to the system and help India become a cashless economy. Keywords: Digital illiteracy, Online payments, cashless economy UPI, Mobile phone, digital payment mode

Using blockchain technology to facilitate property transactions

Background: As a medium of exchange, money enables the transfer of economic value and forms the basis of financial transactions. The transition from the third to the fourth industrial revolution has brought about technologies such as blockchain and cryptocurrencies that are transforming monetary transactions and methods of payments.Objectives: This article discusses an exploratory qualitative study into the use of the blockchain technology to facilitate the processes and payments related to land and landed property administration.Method: Nineteen semi-structured face-to-face interviews were conducted with role-players who are involved in an authoritative capacity in the current property transfer process.Findings: The findings show that blockchain technologies could significantly improve the processes involved in maintaining the electronic records associated with landed property. Blockchain technology has only been associated with cryptocurrencies before, and the argument advanced is that fiat currency should be able to be used with the same technology. To maintain the integrity of the property register, the deeds office and the South African Reserve Bank (SARB) must remain in control of the processes. Irrevocable payments should be made against registration confirmation, thus replacing the current paper-based processes with electronic records.

IDEAS RePEc Rankings Việt Nam tháng 11-2021

Dữ liệu này được trích xuất từ CSDL RePEc do Research Division of the Federal Reserve Bank ofSt. Louis quản trị và cập nhật hơn 25 năm qua. RePEc Rankings trích xuất cho nhiều hạng mục,trong đó có xếp hạng các đơn vị nghiên cứu - giảng dạy về kinh tế - quản trị, và các nhà nghiêncứu.

YES Bank Fiasco: Arrogance or Negligence

The present case study is based on the nation’s biggest-ever banking failure of India’s fastest-growing private bank, YES Bank. The YES Bank fiasco showcases the prevalent flaws of uprising NPAs and mounting bad debts in the financial sector. Post Asset Quality Review (AQR) conducted by RBI elucidate that the NPA of YES Bank is seven times higher than the actual reported amount in their audit book. The sudden trauma reflected the events unfolding in the bank as the share market plummets drastically and the losses enlarged exponentially. To stymie further deterioration, the Reserve Bank of India (RBI) stepped in and took over YES Bank management. The economy is already set to decelerate to an 11-year low following demonetization and the outbreak threatens to delay a revival in an emerging economy like India. The subject that this case will fit in is Capital Structure, Corporate Governance and Ethics and Auditing.

An Overview of Agriculture Finance in India

Purpose: As a result of limited financial resources, agriculture has been plagued by a lack of profitability. Diverse policy initiatives have been made to improve access to finance, including: Affordability has always been an issue for policymakers in India, and it will continue to be. As the title suggests, the aim of this study is to explore the requirements and policy interventions in the domains of farm financing. Design/Methodology/Approach: Attempts are made in this article to examine the government’s agricultural policy measures in this country. Information for the article was culled from the Reserve Bank of India and numerous annual documents. Findings: It was found in the study that most of today’s treatments have been tried or recommended in the past, but was not successful for various reasons. However, if such measures had been undertaken at that time, India would have ranked among the top countries in terms of access to finance. Originality/Value: This study is unusual in that it attempts to trace the history of agricultural finance in India, as well as the numerous agricultural policies that have been enacted as a result of agricultural finance. Paper Type: Research Case Study

Financial Performance Analysis of NBFC-MFIs in India using TOPSIS and IV-TOPSIS

The policymakers around the globe have been emphasizing on financial inclusion in line with sustainable development goals 2030 of the United Nations. Developing countries are still behind in ensuring greater financial inclusion especially for women. While banks are the apex financial institutions in any country, microfinance institutions proved to be promising in advancing financial inclusion because of its better reach to women in remote areas. Thus in a country like India, the outreach and sustainability of microfinance institutions is of utmost importance. This paper aims to rank the performance of microfinance institutions listed by Reserve Bank of India on the basis of their outreach, sustainability, quality and efficiency. The ranking is done separately for five years (2014-15 to 2018-19) using Technique for Order of Preference (TOPSIS) method while overall ranking and benchmarking for five years has been done using interval valued TOPSIS (IV-TOPSIS) method. The robustness of the study has been checked through sensitivity analysis. The overall results portray Satin Creditcare Network Limited as the best performing NBFC-MFI while BWDA Finance Limited as the worst performer for the combined period of 5 years