A STUDY ON PATTERN OF ROE OF SELECTED INDIAN PRIVATE BANKS |
Author : G. Madan Mohan , Anushree Baruah |
Abstract | Full Text |
Abstract :Return on Equity (ROE) portrays the profitability of an institution. ROE compares the profit after tax with equity of the company. Better ROE reveals better utilisation of resources, resulting in better returns for owners. ROE is important for banks as they need high returns to meet their operational and administrative expenses and honour their obligations towards deposit-holders in the form of payment of interest and principal. This descriptive research intends to trace the pattern of ROE of 13 selected private banks of India using Du Pont Analysis and tries to identify the impact exerted by Margin on Sales, Asset Turnover and Leverage on ROE. This research is based on five year figures of these 13 private banks relating to the period of 2008-09 to 2012-13. Results suggest that Asset Turnover exerts the maximum impact on ROE followed by Margin on Sales, and Leverage exerts the least impact. Furthermore, the study has revealed that banks with high margin on sales and modest leverage are associated with banks with high ROE.
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HIGHLIGHTS OF COMPANIES ACT 2013 |
Author : Monu Chauhan , Sarita and Khushboo Sagar |
Abstract | Full Text |
Abstract :The Companies Act1956 has now been replaced by The Companies Act, 2013 after receiving the assent of the President of India on Thursday, 29 August 2013. The Companies Act, 2013 is divided into 29 chapters containing 470 Sections as against 658 Sections in the Companies Act, 1956. The Central Government has appointed Thursday, 12 September 2013 as the date on which some notified sections the Companies Act, 2013 shall come into force. The Ministry of Corporate Affairs has notified 183 sections of the new Companies Act, 2013, which comes into effect from April 1, 2014. With this, 283 of 470 sections of the Act have got notified in a phased manner. The new law has been passed and is considered as trend changer in Indian Corporate law the new law has been rewritten extensively with several new provisions for investor protection, better corporate governance and corporate social responsibility etc. It defines a number of new terms that have come into vogue in recent times. The bill provides for class action suit, which is key weapon for individual shareholders to take collective action against errant companies. Better disclosure requirements in financial statements and disclosure of interests of directors etc. It has also streamlined procedures relating to disclosure of transactions with parties related to directors, promoters etc.
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COMPARATIVE ANALYSIS OF COMPANIES ACT, 2013 AND COMPANIES ACT, 1956 |
Author : Pandit C. Bilamge |
Abstract | Full Text |
Abstract :The current economy has witnessed sea changes after the liberalisation. The information technology is playing a great role in the administration of all kinds of business houses. The current economic and regulatory environment in India needs effective law to suit the changing needs of companies. Constant efforts are being made to amend and adapt the laws to suit the demands of modern times. The existing companies Act 1956 has been amended several times to bring about changes required under present situations. As per records the present act has been amended 78 times to bring changes. Even then certain provisions are found to be outdated and inadequate.
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DIRECT INSTITUTIONAL CREDIT TO INDIAN AGRICULTURE |
Author : Suryawanshi Santosh D |
Abstract | Full Text |
Abstract :This research paper have examine the progress of short & long term direct institutional credit to supplying agricultural sector in India & bank branches expansion post economic reform period. The institutional credit has considered playing a key role in the agricultural development of India.A large number of institutional agencies are involved in the payment of credit to agriculture. The relevant data have taken from Handbook of Statistics on the Indian economy (2014) and Report on state of Indian agriculture (2014). Research period is 1990-91 to 2013-2014. Total Number of bank branches have increased after 2003 more rapidly, it show in fig 1 percentage of change line upwards.
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IMPLEMENTATION STATUS OF HUMAN RESOURCE ISSUES OF CHILD LABOUR IN UNORGANIZED RETAILING (A CASE STUDY OF JALGAON DISTRICT) |
Author : Neelima P. Warke and Parag A. Narkhede |
Abstract | Full Text |
Abstract :1.0 Preamble to Topic Child labour is the single most important source of child exploitation and child abuse in today’s world. Children are an asset of a nation and hence it’s a nation’s responsibility to nurture them through various stages of their development to enable them to realize their full human potential. However, every child who is out of school or participating in the labour force for the sake of family support conflicts directly or indirectly with its natural growth and education which in turn prevent him for attaining proper childhood and training (Chandar 2004). Thus, by virtue of human capital or human capacity and capability perspective the incidence of working children in any society leads to lower human capital and human capacity and capability which at last results in an enormous loss to the economy.
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