ISSN (Print) - 0012-9976 | ISSN (Online) - 2349-8846

Articles by Yuko NikaidoSubscribe to Yuko Nikaido

India's Capital Adequacy Regime

This note presents an analytical review of the Basel I capital adequacy regime and the current level of the capital to riskweighted asset ratio (CRAR) of India's banking sector. Under Basel I, the banking system is performing reasonably well, with an average CRAR of about 12 per cent, that is higher than the internationally accepted 8 per cent. A discussion from the Indian perspective of several issues relating to the Basel II norms that are to be introduced in March 2008.

Technical Efficiency of Small-Scale Industry

In the 1950s, the focus of policy-making for SSI was on protection. With the onset of liberalisation in 1991, SSI was recognised as a growth engine of the economy and the government urged to make the attendant policy changes. Section II of the paper measures the technical efficiency of SSI by using a stochastic production frontier model. Section III analyses the impact of firm size and individual agglomeration on the measured technical efficiency in order to arrive at policy implications for SSI sector.
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