Sitaram Pandey - Academia.edu (original) (raw)

Papers by Sitaram Pandey

IMIB Journal of Innovation and Management, Dec 1, 2022

Trinity Journal of Management, IT & Media, 2019

The study is basically capturing the effect of increasing non-performing assets on different dime... more The study is basically capturing the effect of increasing non-performing assets on different dimensions of Indian banking sector. These dimensions include liquidity, solvency, profitability, capital adequacy & operating capability. The dimensions will be measured through different financial ratios. Financial reports of 06 banks composed of three public sector banks, namely Punjab national bank (PNB), State bank of India (SBI), and Union Bank of India (UBI) and three of private sector banks namely HDFC Bank, ICICI Bank & Axis Bank was used to analyze effect of NPA’s for ten years (2010-2019) on financial ratios comparing the net NPA to net advances, liquid asset to total asset ratio, total liabilities to total shareholder’s fund, return on assets, bank’s capital to risk weighted assets and operating expenses to total assets. Through correlation and regression analysis, a model was established, and it is found that only one variable ROA turns as a significant influencer among them. It...

International journal of innovative research and development, 2016

This paper investigates calendar anomalies in stock returns which occur due to deviation in norma... more This paper investigates calendar anomalies in stock returns which occur due to deviation in normal behaviors of stocks with respect to time periods. The anomaly under study is one of the most common calendar anomaly detected in various International markets, the January effect. The research used secondary data from the stock market. The empirical research is conducted using daily logarithmic percentage returns of the S&P CNX Nifty. It is taken as a proxy of National Stock Exchange because it represents about 66.17% of the free float market capitalization of the stocks listed on NSE as on March 31, 2015 . The data is taken over a period of twelve years (April 2002 – March 2014) and divided into two equal sub-periods, one from April 2002 – March 2008 as sub-period I& other from April 2008 – March 2014 as sub-period II, to take the impact of the crisis into account and to check the robustness of the results. Analysis part contains descriptive statistics of the variables, graphical repr...

This study examines the random walk hypothesis to determine the validity of weak-form efficiency ... more This study examines the random walk hypothesis to determine the validity of weak-form efficiency for one of the major stock market in India. Daily returns from February 1, 2008 to December 30, 2011 of the Nifty Index are used in this study. To verify the normality of the data series, Anderson-Darling Normality test was taken and visualized the skewness and kurtosis. The results reveal that Anderson-Darling Normality test rejects the normal distribution of Indian Stock Market, because they are positively skewed and leptokurtic and to verify the weak-form of efficiency four statistical tests, namely a serial autocorrelation test, an Augmented Dickey-Fuller unit root test & a non-parametric runs test were applied for this purpose. The statistical tests are conducted for full sample period. The empirical results of this study support previous studies that Indian stock markets are weak-form inefficient. Thus excess returns can be earned in the long run by using investment strategies base...

Shodh Sankalp Journal, 2021

This research is focusing on evaluation of the impact of credit risk on the profitability of sele... more This research is focusing on evaluation of the impact of credit risk on the profitability of selected commercial banks listed on National Stock Exchange. The financial ratios are taken as a proxy to evaluate credit risk and bank’s profitability. Profitability was measured through Return on Equity and Return on Assets whereas credit risk was measured by Pre-Provision Profit to Total Loans and Advances, Loan to Asset Ratio, Capital Adequacy Ratio, Credit to Deposit Ratio and Advances over Loan Funds. Based on the financial information of 2009 to 2017, the study concludes that Credit risk, as calculated from Pre-Provision Profit to Total Loans and Advances, Loan to Asset Ratio, Capital Adequacy Ratio, Credit to Deposit Ratio and Advances over Loan Funds have a non-significant relationship with profitability measured by Return on Assets whereas there is significant relationship exist only between Advances over Loan Funds and profitability measured by Return on Equity. The regression mod...

International Journal of Trend in Scientific Research and Development, 2017

Regular Issue, 2020

Corona virus disease (COVID -19) has changed the world completely due to unavailability of its ex... more Corona virus disease (COVID -19) has changed the world completely due to unavailability of its exact treatment. It has affected 215 countries in the world in which India is no exception where COVID patients are increasing exponentially since 15th of Feb. The objective of paper is to develop a model which can predict daily new cases in India. The autoregressive integrated moving average (ARIMA) models have been used for time series prediction. The daily data of new COVID-19 cases act as an exogenous variable in this framework. The daily data cover the sample period of 15th February, 2020 to 24th May, 2020. The time variable under study is a non-stationary series as 𝒚𝒕 is regressed with 𝒚𝒕−𝟏 and the coefficient is 1. The time series have clearly increasing trend. Results obtained revealed that the ARIMA model has a strong potential for short-term prediction. In PACF graph. Lag 1 and Lag 13 is significant. Regressed values implies Lag 1 and Lag 13 is significant in predicting the curre...

GST is one of the revolutionary changes in the indirect taxation system of India since its indepe... more GST is one of the revolutionary changes in the indirect taxation system of India since its independence. The main objective behind implementing it is to avoid the duplication of taxes. The focus is on one nation one tax. Further, it aims at increasing the tax base. Real estate sector in India is expected to grow 12% annually till 2020. Also, real estate sector is going through structural reforms with the implementation of new acts and norms. The government of India is focusing on affordable housing programs so that it can achieve its target of providing houses to all by 2022. This paper aims to study the impact of GST on real estate sector of India. In addition to that this paper aims at understanding the effect of taxes that were levied earlier and effect of GST on Real Estate in the present scenario. Niraj Dhar Dubey | Dr Devesh Kumar | Sitaram Pandey"An Enquiry Into the Effect of GST on Real Estate Sector of India" Published in International Journal of Trend in Scientif...

This paper investigates calendar anomalies in stock returns which occur due to deviation in norma... more This paper investigates calendar anomalies in stock returns which occur due to deviation in normal behaviors of stocks with respect to time periods. The anomaly under study is one of the most common calendar anomaly detected in various International markets, the January effect. The research used secondary data from the stock market. The empirical research is conducted using daily logarithmic percentage returns of the S&P CNX Nifty. It is taken as a proxy of National Stock Exchange because it represents about 66.17% of the free float market capitalization of the stocks listed on NSE as on March 31, 2015. The data is taken over a period of twelve years (April 2002 – March 2014) and divided into two equal sub-periods, one from April 2002 – March 2008 as sub-period I & other from April 2008 – March 2014 as sub-period II, to take the impact of the crisis into account and to check the robustness of the results. Analysis part contains descriptive statistics of the variables, graphical representation of means of variables, cross-correlation among the variables, unit root test to check the stationarity of time series data for the applicability of a regression model. A regression model using dummy variables is run to test the presence of these seasonal effects as used by NPR Deyshappriya in his paper in all the above mentioned three periods separately, but the results provide no support for the existence of January effect in the Indian Stock returns except significant negative October effect in sub-period II.

This study examines the random walk hypothesis to determine the validity of weak-form efficiency ... more This study examines the random walk hypothesis to determine the validity of weak-form efficiency for one of the major stock market in India. Daily returns from February 1, 2008 to December 30, 2011 of the Nifty Index are used in this study. To verify the normality of the data series, Anderson-Darling Normality test was taken and visualized the skewness and kurtosis. The results reveal that Anderson-Darling Normality test rejects the normal distribution of Indian Stock Market, because they are positively skewed and leptokurtic and to verify the weak-form of efficiency four statistical tests, namely a serial autocorrelation test, an Augmented Dickey-Fuller unit root test & a non-parametric runs test were applied for this purpose. The statistical tests are conducted for full sample period.The empirical results of this study support previous studies that Indian stock markets are weak-form inefficient. Thus excess returns can be earned in the long run by using investment strategies based on historical share prices.

IRA-International Journal of Management & Social Sciences (ISSN 2455-2267), 2016

European Food Research and Technology, 1989

Der Gehalt an Curcuminoiden inCurcuma longa L. (Zingiberaceae) wurde vor, während und nach der no... more Der Gehalt an Curcuminoiden inCurcuma longa L. (Zingiberaceae) wurde vor, während und nach der normalen Erntezeit untersucht. Das Pflanzenmaterial stammt aus dim Kathmandu-Tal in Nepal. Der Hauptinhaltsstoff ist Bisdemethoxycurcumin. Im Laufe von 17 Wochen konnten keine signifikante Schwankungen observiert werden. The content of curcuminoids inCurcuma longa L. before, during and after a normal harvesting period was investigated. The plant material was grown in the Kathmandu area. Bis-demethoxycurcumin was found to be the main constituent. No significant change in the curcuminoid content was observed during a 17-week sampling period.

IMIB Journal of Innovation and Management, Dec 1, 2022

Trinity Journal of Management, IT & Media, 2019

The study is basically capturing the effect of increasing non-performing assets on different dime... more The study is basically capturing the effect of increasing non-performing assets on different dimensions of Indian banking sector. These dimensions include liquidity, solvency, profitability, capital adequacy & operating capability. The dimensions will be measured through different financial ratios. Financial reports of 06 banks composed of three public sector banks, namely Punjab national bank (PNB), State bank of India (SBI), and Union Bank of India (UBI) and three of private sector banks namely HDFC Bank, ICICI Bank & Axis Bank was used to analyze effect of NPA’s for ten years (2010-2019) on financial ratios comparing the net NPA to net advances, liquid asset to total asset ratio, total liabilities to total shareholder’s fund, return on assets, bank’s capital to risk weighted assets and operating expenses to total assets. Through correlation and regression analysis, a model was established, and it is found that only one variable ROA turns as a significant influencer among them. It...

International journal of innovative research and development, 2016

This paper investigates calendar anomalies in stock returns which occur due to deviation in norma... more This paper investigates calendar anomalies in stock returns which occur due to deviation in normal behaviors of stocks with respect to time periods. The anomaly under study is one of the most common calendar anomaly detected in various International markets, the January effect. The research used secondary data from the stock market. The empirical research is conducted using daily logarithmic percentage returns of the S&P CNX Nifty. It is taken as a proxy of National Stock Exchange because it represents about 66.17% of the free float market capitalization of the stocks listed on NSE as on March 31, 2015 . The data is taken over a period of twelve years (April 2002 – March 2014) and divided into two equal sub-periods, one from April 2002 – March 2008 as sub-period I& other from April 2008 – March 2014 as sub-period II, to take the impact of the crisis into account and to check the robustness of the results. Analysis part contains descriptive statistics of the variables, graphical repr...

This study examines the random walk hypothesis to determine the validity of weak-form efficiency ... more This study examines the random walk hypothesis to determine the validity of weak-form efficiency for one of the major stock market in India. Daily returns from February 1, 2008 to December 30, 2011 of the Nifty Index are used in this study. To verify the normality of the data series, Anderson-Darling Normality test was taken and visualized the skewness and kurtosis. The results reveal that Anderson-Darling Normality test rejects the normal distribution of Indian Stock Market, because they are positively skewed and leptokurtic and to verify the weak-form of efficiency four statistical tests, namely a serial autocorrelation test, an Augmented Dickey-Fuller unit root test & a non-parametric runs test were applied for this purpose. The statistical tests are conducted for full sample period. The empirical results of this study support previous studies that Indian stock markets are weak-form inefficient. Thus excess returns can be earned in the long run by using investment strategies base...

Shodh Sankalp Journal, 2021

This research is focusing on evaluation of the impact of credit risk on the profitability of sele... more This research is focusing on evaluation of the impact of credit risk on the profitability of selected commercial banks listed on National Stock Exchange. The financial ratios are taken as a proxy to evaluate credit risk and bank’s profitability. Profitability was measured through Return on Equity and Return on Assets whereas credit risk was measured by Pre-Provision Profit to Total Loans and Advances, Loan to Asset Ratio, Capital Adequacy Ratio, Credit to Deposit Ratio and Advances over Loan Funds. Based on the financial information of 2009 to 2017, the study concludes that Credit risk, as calculated from Pre-Provision Profit to Total Loans and Advances, Loan to Asset Ratio, Capital Adequacy Ratio, Credit to Deposit Ratio and Advances over Loan Funds have a non-significant relationship with profitability measured by Return on Assets whereas there is significant relationship exist only between Advances over Loan Funds and profitability measured by Return on Equity. The regression mod...

International Journal of Trend in Scientific Research and Development, 2017

Regular Issue, 2020

Corona virus disease (COVID -19) has changed the world completely due to unavailability of its ex... more Corona virus disease (COVID -19) has changed the world completely due to unavailability of its exact treatment. It has affected 215 countries in the world in which India is no exception where COVID patients are increasing exponentially since 15th of Feb. The objective of paper is to develop a model which can predict daily new cases in India. The autoregressive integrated moving average (ARIMA) models have been used for time series prediction. The daily data of new COVID-19 cases act as an exogenous variable in this framework. The daily data cover the sample period of 15th February, 2020 to 24th May, 2020. The time variable under study is a non-stationary series as 𝒚𝒕 is regressed with 𝒚𝒕−𝟏 and the coefficient is 1. The time series have clearly increasing trend. Results obtained revealed that the ARIMA model has a strong potential for short-term prediction. In PACF graph. Lag 1 and Lag 13 is significant. Regressed values implies Lag 1 and Lag 13 is significant in predicting the curre...

GST is one of the revolutionary changes in the indirect taxation system of India since its indepe... more GST is one of the revolutionary changes in the indirect taxation system of India since its independence. The main objective behind implementing it is to avoid the duplication of taxes. The focus is on one nation one tax. Further, it aims at increasing the tax base. Real estate sector in India is expected to grow 12% annually till 2020. Also, real estate sector is going through structural reforms with the implementation of new acts and norms. The government of India is focusing on affordable housing programs so that it can achieve its target of providing houses to all by 2022. This paper aims to study the impact of GST on real estate sector of India. In addition to that this paper aims at understanding the effect of taxes that were levied earlier and effect of GST on Real Estate in the present scenario. Niraj Dhar Dubey | Dr Devesh Kumar | Sitaram Pandey"An Enquiry Into the Effect of GST on Real Estate Sector of India" Published in International Journal of Trend in Scientif...

This paper investigates calendar anomalies in stock returns which occur due to deviation in norma... more This paper investigates calendar anomalies in stock returns which occur due to deviation in normal behaviors of stocks with respect to time periods. The anomaly under study is one of the most common calendar anomaly detected in various International markets, the January effect. The research used secondary data from the stock market. The empirical research is conducted using daily logarithmic percentage returns of the S&P CNX Nifty. It is taken as a proxy of National Stock Exchange because it represents about 66.17% of the free float market capitalization of the stocks listed on NSE as on March 31, 2015. The data is taken over a period of twelve years (April 2002 – March 2014) and divided into two equal sub-periods, one from April 2002 – March 2008 as sub-period I & other from April 2008 – March 2014 as sub-period II, to take the impact of the crisis into account and to check the robustness of the results. Analysis part contains descriptive statistics of the variables, graphical representation of means of variables, cross-correlation among the variables, unit root test to check the stationarity of time series data for the applicability of a regression model. A regression model using dummy variables is run to test the presence of these seasonal effects as used by NPR Deyshappriya in his paper in all the above mentioned three periods separately, but the results provide no support for the existence of January effect in the Indian Stock returns except significant negative October effect in sub-period II.

This study examines the random walk hypothesis to determine the validity of weak-form efficiency ... more This study examines the random walk hypothesis to determine the validity of weak-form efficiency for one of the major stock market in India. Daily returns from February 1, 2008 to December 30, 2011 of the Nifty Index are used in this study. To verify the normality of the data series, Anderson-Darling Normality test was taken and visualized the skewness and kurtosis. The results reveal that Anderson-Darling Normality test rejects the normal distribution of Indian Stock Market, because they are positively skewed and leptokurtic and to verify the weak-form of efficiency four statistical tests, namely a serial autocorrelation test, an Augmented Dickey-Fuller unit root test & a non-parametric runs test were applied for this purpose. The statistical tests are conducted for full sample period.The empirical results of this study support previous studies that Indian stock markets are weak-form inefficient. Thus excess returns can be earned in the long run by using investment strategies based on historical share prices.

IRA-International Journal of Management & Social Sciences (ISSN 2455-2267), 2016

European Food Research and Technology, 1989

Der Gehalt an Curcuminoiden inCurcuma longa L. (Zingiberaceae) wurde vor, während und nach der no... more Der Gehalt an Curcuminoiden inCurcuma longa L. (Zingiberaceae) wurde vor, während und nach der normalen Erntezeit untersucht. Das Pflanzenmaterial stammt aus dim Kathmandu-Tal in Nepal. Der Hauptinhaltsstoff ist Bisdemethoxycurcumin. Im Laufe von 17 Wochen konnten keine signifikante Schwankungen observiert werden. The content of curcuminoids inCurcuma longa L. before, during and after a normal harvesting period was investigated. The plant material was grown in the Kathmandu area. Bis-demethoxycurcumin was found to be the main constituent. No significant change in the curcuminoid content was observed during a 17-week sampling period.