Inventi Impact - Microfinance & Banking
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Journal Scope:
Quarterly published in print and online ‘Inventi Rapid/Impact: Microfinance & Banking’ publishes high quality unpublished as well as high impact pre-published research and reviews catering to the needs of researchers and professionals. The journal welcomes papers in all the areas of banking and finance with particular emphasis on alternative investments, banking efficiency, banking regulation, bank solvency and capital structure, behavioural finance, corporate finance, credit rating, empirical finance, financial applications of decision theory or game theory, financial economics, financial engineering, financial forecasting, financial risk management and analysis etc.
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MUTUAL FUND: WISER INVESTMENT CHOICE, ITS OPPORTUNITIES AND CHALLENGES WITH ANALYTICAL VIEWS
As a universal rule, every investor eyes for best return, however, his appetite to take risk may differ from person to person. It may not be wrong to state that all investors want best return but with least risk This is where, Mutual Funds comes as a blessing. A Mutual Funds Company creates a pool or a reservoir of funds by collecting small savings of individual investors. These companies have Pro...
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THE EFFECT OF CONSUMPTION ON AN INVESTOR’S STRATEGY UNDER ORNSTEIN-UHLENBECK MODEL: THE CASE OF NON-CORRELATING BROWNIAN MOTIONS
An investor’s portfolio is considered to comprise two assets-a risk-free asset governed by stochastic interest rate of return and a risky asset that has its price process driven by the geometric Brownian motion in a financial market where consumption, taxes, transaction costs and dividends are charged and paid. The goal was to find the effect of consumption on an investor’s trading s...
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CASHLESS INDIA IMPLEMENTATION USING IOT
In this paper, the possible business models that can implement IoT in a cashless are examined. In India, cash is the main mode of payment. This makes the country to be heavily cash- based economy. The main objective of IoT is connecting various types of electronic devices together for a great experience in the day-to-day activities. Integration of internet and connectivity into more devices along ...
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OPTIMAL INVESTMENT PROBLEM OF AN INSURER WITH CONSUMPTION AND DIVIDENDS UNDER PROPORTIONAL REINSURANCE AND EXPONENTIAL UTILITY PREFERENCE: THE IMPLICATION OF MODE OF TAXATION AND TRANSACTION COSTS CHARGING
In this study, the implication of mode of taxation and transaction costs charging on an insurer’s investment when dividends, consumption and reinsurance are involved was investigated. The associated H-J-B equation in the optimization problem was established using Ito’s lemma. The insurer’s surplus process was approximated by a Brownian motion with drift. Solving the H-J-B equa...
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THE PORTFOLIOS OF AN INSURER AND A REINSURER UNDER EXPONENTIAL UTILITY FUNCTION, CONSTANT RATE OF RETURNS AND PROPORTIONAL REINSURANCE
This work assumed that an insurer’s and a reinsurer’s surplus processes were approximated by brownian motion with drift and the insurer could purchase proportional reinsurance from the reinsurer and tackled their optimal portfolio selection problem. It was further assumed that the risk reserves of the insurer and the reinsurer followed brownian motion with drift. Both the insurer and...
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DETERMINANTS OF LOAN REPAYMENT: EXPERIENCE FROM INDIAN MICROCREDIT PROGRAMME
This paper provide an empirical analysis of the impact of monitoring within group based lending programmes on moral hazard behavior of its participants, based on the data from an extensive questionnaire held in Uttar Pradesh, India among 200 participants. Study finds new information that agent who is outsider of the group, it may be credit officer or other who nurtured and form the group, may be a...
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