Mayas Publications logo
Buy Books Buy journals

Journal Issues

Back To Archive
A Surge of Unified Payment Interface (UPI) in Soar of Mobile Banking During Pandemic Phase
Anita Malik
Pages: 23-29 | First Published: 05 Dec 2022
Full text | Abstract | Purchase | References | Request permissions

Abstract
The Covid-19 epidemic and associated restrictions have promoted digital transactions in the country. The epidemic is one of the reasons why people are increasingly liking the digital payment mechanism. Indian Government has done remarkable work by improving the infrastructure of digital payments.  During Pandemic phase UPI mechanism plays a very important role facilitating inter-bank transactions.  The paper concludes how the covid-19 pandemic has led to an up swing in digital transactions through mobile banking. It also concludes the journey of Unified Payment Interface system in India. In current study we aim to identify the customer preference and awareness towards unified payment interface and to know the impact of unified payment interface in customer satisfaction during pandemic.  The paper proposes the advantages and barriers of UPI System in India.  
Keywords: Pandemic, Unified Payment Interface, Mobile Banking, Digital Payment, Cashless
 

References

  1. https://bfsi.economictimes.indiatimes.com/news/fintech/upi-transactions-more-than- double-in-a-year-on-covid-19-shift/87476752.

  2. https://www.thehindubusinessline.com/money-and-banking/covid-effect-upi- transactions-up-significantly-post-lockdown/article32543739.ece.

  3. https://www.moneycontrol.com/news/business/covid-19-second-wave-takes-a-toll-
    on-digital-payments-upi-imps-transactions-fall-sharply-between-april-and-may6973921.html

  4. https://www.thehindubusinessline.com/money-and-banking/covid-effect-upitransactions-up-significantly-post-lockdown/article32543739.ece.

  5. https://www.ccavenue.com/article/NPCI-enhances-Fund-Transfer-through-thelaunch-of-UPI.jsp.

  6. Miss Prachi Jawade& Prof Praveen Suryavanshi; “Trend analysis of UPI During Covid19” ISSN: 2249-6661Vol-44, No.-1(III), January-March (2021).

  7.  http://rbi.org.in/scripts/PublicationVisionDocuments.aspx?ID=664 .

  8. UPI Product Statistics: NPCI - National Payments Corporation of India. https://www.npci.org.in/what-wedo/upi/product-statistics 3. https://vikaspedia.in/egovernance/digital-payment/unified-payment-interface/unified-payment-interfaceusage

 

A Comparative Efficiency Analysis of Public Sector General Insurance Companies in India in the Pre and Post Liberalisation Period
Dr. Rajeev.M
Pages: 30-40 | First Published: 05 Dec 2022
Full text | Abstract | Purchase | References | Request permissions

Abstract
Insurance sector in India undergo many changes after the introduction of liberalisation, privatisation and globalisation.Several new players enter in to the market. Opening up of the insurance industry to private players create high competition and efficiency challenges to the existing players in the market. Liberalisation brings many drastic changes in this sector. Here the investigator tries to compare the efficiency of public sector general insurance companies in the pre and post liberalisation period. In the post liberalisation period, due to increased competition, they have to improve their efficiency in order to exist in the market. Efficiency refers to the insurers ability to produce a given set of out puts with the use of inputs. The present study evaluates the efficiency parameters of four public sector general insurance companies in the pre and post liberalisation period. For the evaluating the efficiency of the public sector general insurance companies in India, secondary data are collected from four public sector general insurance companies. To assess the financial performance of the general insurance companies, a  comparative performance of efficiency of public sector general insurance companies during the pre and post liberalization period has been worked out. Then the efficiency parameters are compared and analysed. The efficiency of the general insurance companies is evaluated company-wise using the non-parametric method  viz. Data Envelopment Analysis (DEA). Efficiency is evaluated trilaterally- Technical Efficiency, Pure Technical Efficiency and Scale Efficiency. The hypotheses pertaining to efficiency parameters are tested using Mann-Whitney U Test. The results shows that even after the introduction of liberalisation in the general insurance sector, the four public sector companies performed well in the case of technical efficiency and pure technical efficiency. But the companies fails to maintain scale efficiency during the post liberalisation period. 

Keywords:-Efficiency, General Insurance, Technical Efficiency, Scale Efficiency
 

References

  1. Alhassan,A.L. and Biekpe, N (2015). Efficiency, Productivity and returns  to scale Economics in the Non-life Insurance Market in South Africa. The Geneva Papers on Risk and Insurance- issues and practice, 40(3), 493-515. 

  2. Barros, C.P, Nektarios, M, & Assaf, A. (2010). Efficiency in the Greek Insurance Industry. European Journal of Operational Research, 205(2), 431-436.

  3.  Borges, M.R, Nektarios, M & Barros, C.P. (2008). Analyzing the Efficiency of the Greek Life Insurance Industry. European Research Studies, 11 (3), 35-52. 

  4. Charnes, A, Cooper, W.W., &Rhodes, E (1978) Measuring the Efficiency of decision-making units, European Journal of Operational Research, 2 (6), 429-444.

  5.  Cummins, J. D. and Xie, X. (2013), Efficiency, Productivity and Scale economies in the U.S Property-Liability Insurance Industry. Journal of Productivity Analysis, 39(2), 141-164. 

  6. Diacon, S. R (2001). The Efficiency of U.K General Insurance Companies, CRIS Discussion paper series. Centre for Risk and Insurance Studies. The University of Nottingham, 3(1), 1-32. 

  7. Ennsfellner K. C., Lewis, D. and Anderson, R.I. (2004) Production Efficiency in the Austrian Insurance Industry: a Bayesian examination. Journal of Risk and Insurance, 71(1), 135-159.

  8.  Fukuyama, H and Weber, W.L. (2001) Efficiency and Productivity change of Non-lige Insurance Companies in Japan. Pacific Economic Review, 6(1), 129-145. 

  9. Ilyas, A.M. and Rajasekharan, S. (2019). An Empirical Investigation of Productivity and Efficiency in the Indian Non-life Insurance Market. Benchmarking: An International Journal, 26(7), 1243-2371. 

  10. Yao, S, Han, Z., & Feng, G (2007). On Technical Efficiency of China’s Insurance Industry after WTO accession. China Economic Review, 18(1), 66-86. 

Investors Perception towards Commodity Trading in India
N.Vanaja
Pages: 41-58 | First Published: 05 Dec 2022
Full text | Abstract | Purchase | References | Request permissions

Abstract 

This study aims to measure the investors’ perception and attitude towards Indian stock market especially in Commodity Trading with reference to the investors in Tamilnadu. This research is descriptive research and it is going to measure the variables which influencing the investors' perception and attitude towards commodity trading. So the descriptive research is taken to describe the features in testing the current scenario. Convenient sampling technique has been adopted. Universe of this study was infinite in nature. So it is appropriate to apply non probability sampling. Trail survey was used to select the sample size measuring internal and construct validity and reliability of the instrument being tested. Based on the pilot study, researcher infers that the standard deviation of the population is low. Major findings of this study include, Income has significant impact on frequency of trading in commodity market, selection of mode of trading and selection of market segments. Age and income has significant impact on taking exposure. Forty six functional variables are used in this study to measure investors' perception. These variables have been explained 72% influence on measuring investor perception.

 Keywords: Investor Perception, Commodity Trading, Indian stock market and Stock Exchange

REFERENCES 

1. upural in organization behaviour”, Suren Chahan & Company Limited,2006. 2. Subba Rao. P., “Essentials of portfolio Management and Industrial Relations”, Himalaya Publishers, 1990. 3. C. R .Kothari – Research Methodology from investors perception - Prakasham Publication – 3 th edition 2008. 4. Rajendran P.N –organisational behavioural research factors. Edition 7 leonen publishing. 5. Karan finch.M Investment and awareness from the organisation behaviour 2 edition 2008. 6. Prasanna Chandra, Investment Analysis and Portfolio Management, Tata Mc G rahill, New Delhi, 2012. Emperor Journal of Finance Mayas Publication 58 7. Kothari. C.R., Research Methodology, New Age International, New Delhi, 2013. 8. Gupta S.P., Statistical Methods, Sulthan Chand, New Delhi, 2013. 9. Vijayakumar, N., Mayakkannan, R. (2021) Impact on risk quantification of Indian equity markets adopted by beta analysis Turkish Journal of Physiotherapy and Rehabilitation, 2021, 32(2), pp. 1923–1928 10. R. Mayakkannan (2018) Impact of Buying Behaviour of Consumers towards Instant Food Products in Chennai District; International Journal of Pure and Applied Mathematics Volume 119 No. 12 2018, 16279- 16286; ISSN: 1314-3395 (on-line version)url:http: Yoganandan, G. (2015). Carrying out and understanding MBA Students’ summer project - A practical guide. The International Journal of Business & Management, 3(1), 73-76. 11. Raman, M., Kaliappen, N., Suan, C.L.A Study on Machine Learning Classifier Models in Analyzing Discipline of Individuals Based on Various Reasons Absenteeism from Work2020 International Conference on Decision Aid Sciences and Application, DASA 2020, 2020, pp. 360–364, 9317017 12. R.Mayakkannan(2018) //www.ijpam.eu Special Issue (PDF) Impact of Buying Behavior of Consumers towards Instant Food Products in Chennai District. Available from: https://www.researchgate.net/publication/340633912_Impact of Buying Behaviour of Consumers towards Instant Food Products in Chennai District [accessed May 02 2020] 13. Thiruchelvam, C., & Mayakkannan, R. (2011) An Empirical Study of Indian Individual Investor's Behavior. Singaporean Journal Scienific Research, Vol.4, No.2, pp.315- 322.