Indian Journal of Finance and Banking 2018-11-02T07:22:42+00:00 Prof. Dr. Meera Mehta Open Journal Systems Financial Deepening and Deposit Mobilization of Commercial Banks in Nigeria: A Time Variant Model 2018-10-29T07:05:12+00:00 Azu- Nwangolo Blessing Ogechi <p>The purpose of this study was to examine the effect of financial deepening on customer deposit of Nigerian commercial banks. Time series data was sourced from Central Bank of Nigeria Statistical Bulletin, from 1981-2017. Percentage of total customers’ deposit to total assets was used as dependent variables while percentage of narrow money supply, broad money supply, money market development, money outside the bank and private sector credit to gross domestic product was used as independent variables. Multiple regression with ordinary least square properties of cointegration, augment Dickey Fuller unit root test, Granger causality test and vector error correction model was used to examine the relationship between the dependent and the independent variables. The regression result found that narrow money supply and money market development have negative effect on total customer’s deposit of commercial banks while private sector credit, broad money supply and money outside the bank have positive effect on customer’s deposit of commercial banks in Nigeria. The unit root test shows that the variables are stationary at first difference; the cointegration test validates the existence of long run relationship while the causality test found no causal relationship. The study concludes that financial deepening has significant impact on total customer deposit. We recommend that policies should be deepened to enhance the performance of the Nigeria financial market.</p> <p>&nbsp;</p> 2018-06-13T00:00:00+00:00 ##submission.copyrightStatement## Validity of CAPM by Using Portfolios: Evidence from Indian Capital Market 2018-10-29T07:05:12+00:00 K.M. Yaseer K.P. Shaji <p>This article tests the validity of Capital Asset pricing Model and compares the results of 16 periods including 14 sub periods which comprises 3 years each for the prediction of the expected returns in the Indian capital Market. The tests were conducted on portfolios having different security combinations. By using Black Jenson and Scholes methodology (1972) the study tested the validity of the model for the whole and different sub periods. The study used daily data of the BSE 100 index for the period from January 2001 to December 2010. Empirical results mostly in favor of the standard CAPM model. However, the result does not find conclusive evidence in support of CAPM</p> <p>&nbsp;</p> 2018-07-25T00:00:00+00:00 ##submission.copyrightStatement## Determinants of Commercial Banks Credit to the Domestic Economy in Nigeria: Examinations of Dynamics Principles 2018-10-29T07:05:12+00:00 Akani, Henry Waleru Oparaordu, Beauty <p>This study examined determinants of commercial banks credit to the domestic economy in Nigeria. The objective was to examine the extent to which banks variables, macroeconomic and monetary policy variables affects credit allocation of Nigerian Commercial Banks. Time series data was sourced from Central Bank of Nigeria Statistical bulletin and financial statement of commercial banks. Percentage of total commercial banks loans to gross domestic product was proxy for dependent variable while the banks specific variables are peroxide by operational efficiency, liquidity, number of commercial banks branches, Commercial Banks Deposit Liabilities and deposit rate. The independent variables in macroeconomic model comprises of real gross domestic product, public expenditure, openness of the economy, inflation rate and exchange rate while monetary policy variables comprises of treasury bills rate, real interest rate, monetary policy rate, growth of money supply and financial sector development. The study employed ordinary least square properties of augmented Dickey Fuller test, co-integration test, and granger causality test and vector error correction model. Findings from the study revealed that; banks specific variables shows that deposit liabilities and liquidity ratio have positive impact on total loans and advances while deposit rate, number of commercial banks branches and openness of the economy have negative impact. Model II found that; exchange rate, inflation rate and Real Gross Domestic Product have positive impact while public expenditure and openness of the economy have negative impact on total commercial bank loans and advances. Model III found that; financial sector development and monetary policy rate have negative impact while growth of money supply, real interest rate and Treasury bills rate have positive impact on total loans and advances of commercial banks. We conclude that monetary policy, bank specific variables or internal variables and macroeconomic variables are strong determinants of Nigerian commercial banks loans and advances. We therefore, recommend for the interplay and the strengthening of macroeconomic variables, monetary policy variables and banks specific variables (internal policies) in order to enhance commercial banks credit in Nigeria.</p> <p>&nbsp;</p> 2018-08-08T00:00:00+00:00 ##submission.copyrightStatement## A Study on Evaluation of Capital Structure 2018-11-02T07:22:42+00:00 G.D.V. Kusuma <p>Capital is the back bone of any organization. Everyone should utilize the capital in a proper way; otherwise their business will be washed away from the market. The present paper is an attempt to present the capital structure of My Home Industries Ltd. In this paper the researcher/s made an attempt to evaluate the capital structure by considering different elements like debt and equity.</p> <p><strong>&nbsp;</strong></p> 2018-11-02T07:22:42+00:00 ##submission.copyrightStatement##