TENTATIVE PROGRAM OF THE SIXTH ANNUAL CONFERENCE ON MONEY AND FINANCE IN THE INDIAN ECONOMY:
Day1: March 25th, 2004
Inauguration: 9:30 a.m. - 11:00 a.m.
Chair: Dr. Y. V. Reddy , Governor, Reserve Bank of India
Welcome: Dr. R. Radhakrishna , Director, IGIDR
Overview of Sixth Money and Finance Conference: Dr. D.M.Nachane , Senior Professor, IGIDR
Keynote Address: "The Elusive Search for Monetary and Financial Stability" Dr. Claudio Borio, Head of Research and Policy Analysis, Bank of International Settlements, Switzerland.
Vote of Thanks: Dr. R Nagaraj , Associate Professor, IGIDR
Session I : Monetary Policy: 11:30 a.m. - 1.00 p.m.
Chair: Dr. Pulapre Balakrishnan , Professor, IIM, Kozhikode
Principal Discussant: Dr. Ashima Goyal , Professor, IGIDR
Corporate Governance, Relationship, Lending and Monetary Policy: Firm Level Evidence from India	Authors: Saibal Ghosh, Rudra Sensarma
The Interest Rate Term Structure In The Indian Money Market	Authors: Mayank Shivam, Dr. M.Jayadev
Macro economic effects of changes in selected monetary and fiscal variables for India	Authors: A. Soumya, K. N. Murty
The Annoncement Impact of Bank Rate on Commercial Paper Rate	Authors: Dr. M. Jayadev, Sunil Kumar
Session II : Issues in Corporate Finance : 02:30 p.m. - 4:00 p.m.
Chair: Dr. Romar Correa, Director, Economics Dept, Mumbai University
Principal Discussant: Dr. Rajendra Vaidya , Associate Professor, IGIDR
Financial Constraints, Inventory Investment, and Fixed Capital	Author: T.V.S.Ramamohan Rao
Corporate Governance and Dividends Payout in India	Author: Jayesh Kumar
Determinants of Fixed Investment Behavior: A Study of Indian Private Corporate Sector With Emphasis on Financial Liberalisation	Author: Prabhakaran Nair V.R
Determination of Board and CEO Compensation in Emerging Economy	Author: Arijit Ghosh
Financial Constraints and Lender Selection : An Empirical Analysis	Authors: Sumitra Das, Dr. Malabika Roy
Session III : Microfinance : 04:30 p.m. - 6:00 p.m.
Chair: Dr.Bibhas Saha , Associate Professor, IGIDR
Principal Discussant: Dr. K. V. Ramaswamy , Associate Professor, IGIDR
Reducing Default Rate in RuralCredit: How effective is Enhanced Supervision Approach for Formal Financial Institutions?	Author: Ashutosh Kumar
Resuscitating Rural Financial Institutions in India: Catalytic Role of Micro Finance	Author: Manoranjan Sharma
Emerging Microfinance Practices: with special reference to Forest Dwelling community in Andhra Pradesh and Madhya Pradesh states.	Authors: Dr. B.P. Pethiya, Dr. Teki Surayya
Microfinance and Bank Sustainability	Author: Mahendra Varman
Dinner talk (7:00 p.m.- 8:00 p.m.): " Quantum Leap in Indian Capital Market During the Last Decade " Dr. R. H. Patil, Chairman, The Clearing Corporation of India Ltd. Chair: Dr. A. Vasudevan, Professor, Gokhale Institute of Politics and Economics, Pune and Former Executive Director, Reserve Bank of India, Mumbai
Day 2: March 26th, 2004
Session IV: The Stock Market : 9:30 a.m. - 11:00 a.m.
Chair: Dr. Bandi Kamaiah , CAS, Professor, Central University Hyderabad
Principal Discussant: Kausik Chaudhury , Assistant Professor, IGIDR
Characterisation of Tail Behaviour of Financial Returns: An Empirical study from Indian Stock Market	Author: Mandira Sharma
What Moves Indian Stock Markets: A Study on the Linkage With Real Economy in Post-Reform Era	Authors: Prantik Ray & Vina Vani
Determinants of Liquidity in Open Electronic Limit Order Book Market	Author: Santosh Kumar
Integration of Financial Markets in India : An Empirical Analysis	Authors: Pradyot Ranjan Jena, Dr. K. N. Murty, V. Narasimhan
Session V: Open Economy : 11:30 a.m. - 1:00 p.m.
Chair: Dr. Veena Mishra , Professor, IGIDR
Principal Discussant: Dr. Pushpa Trivedi , Associate Professor, HSS Dept., IIT Bombay
Inflation-Openness Relationship: A Panel Approach for Developing Countries	Authors: Ankita Agarwal, G. Badri Narayanan
Macroeconomic Fundamentals and Exchange Rate Dynamics in India: Some Survey Resem>	Author: N. R. Bhanumurthy
The Theory of Current Accounts and the Developing World : An Exploratory Empirical Analysis	Author: Chandra Kiran B. K.
The Relationship between Interest Rate and Exchange Rate in India	Author: Pradyumna Dash
Session VI: Banking: 2:30 p.m. - 4:00 p.m.
Chair: Dr. T.V.S. Rammohan Rao , Professor, IIT Kanpur
Principal Discussant: Dr. K.N.Murthy , Professor and Head, Central University, Hyderabad
Market Structure and Entry: A Study of the Determinants of Market Concentration in Private Domestic Banking Industry in India	Author: Ashis Taru Deb
Determinants of NPAs in the Indian Public Sector Banks: A Critique of Policy Reforms	Authors: Dr Pradip Kumar Biswas, Ashis Taru Deb
The Post Offering Performance of IPOs From the Banking Industry	Author: Sourabh Ghosh
Panel Discussion on Microfinance 5:00 p.m.
Chair: Dr. Kirit Parikh, Professor Emeritus, IGIDR.
Panelists: Dr. Y. S. P. Thorat, Managing Director, NABARD. Dr. Dinkar Rao, Professor, NIBM, Pune. Dr. Prakash Bakshi, Chief G.M., NABARD. Dr. Tara Nair, MICA, Ahmedabad. Ms. Shaheen Pathan, ICICI Bank, Mumbai.
Dinner talk (7:00 p.m.- 8:00 p.m.): " Forecasting Interest Rates in India " Dr. Pami Dua, Professor, Delhi School of Economics. Chair: Dr. B.B. Bhattacharya, Director, Institute of Economic Growth, New Delhi
Day 3: March 27th, 2004
IGIDR-EPWRF project on the data base of the Indian Economy
Morning Session : 9:30 a.m. - 1:00 p.m. Chair: Dr. A. Vaidyanathan, Professor Emeritus, Madras Institute of Development Studies, Chennai. Principal Discussant: Dr. S.L.Shetty, Director, EPW Research Foundation.
Data base of the Indian Economy : National Statistical Commission Report and the IGIDR -EPWRF research initiative
Speakers: Dr. Gulab Singh, Director,NSC Implementation Cell, CSO. Dr. A.K. Nag, Adviser, DESACS, Reserve Bank of India. Dr. R. Nagaraj, Associate Professor, IGIDR. Shri Partha Ray, Director, DEAP, Reserve Bank of India. Shri Sharat Malik, Research and Training Department, SEBI. Shri K. Subramanyam, Executive Director, IRDA. Dr. Jiban K. Mukhopadhyay, Ex -Economic Adviser, Tata Group. Shri K.G.K. Subba Rao, Ex-Adivser, DESACS, Reserve Bank of India.
Afternoon Session : 2:30 p.m. - 4:30 p.m. Chair: Dr. R. Barman, Executive Director, RBI Principal Discussant: Dr. Mridul Saggar, Director, Monetary Policy Department, RBI.
Data Base on the Scheduled Commercial Banks System in India: 1970-2002 (33 years) - A Brief Presentation.
Speakers: Shri Radhey Shyam, Director,Banking Statistics Div., DESACS, RBI. Dr. Rupa Rege Nitsure, Chief Economist, Bank of Baroda.
Valedictory address (5:00 p.m.- 6:00 p.m.): " Macroeconomic Reforms in India " Dr. A. Vaidyanathan, Professor Emeritus, Madras Institute of Development Studies, Chennai. Chair: Prof. Mihir Rakshit, Director, Monetary Research Project, ICRA Ltd., Calcutta.