A Study on Effectiveness of Training in HDFC Banks
Source: (Pooja Singh - Journal of advanced research in accounting and finance management)
Since the reforms process of Indian Banking Sector, foreign and the new generation private sector banks have entered in the market with certain distinct advantages like high technology, younger and talented staff with newer skills and competencies, a market related compensation structure, high marketing orientation, newer methods for acquiring and retaining customers, and a lean organization structure. So, it becomes very important to know what kinds of training programs they organized for developing competencies and skills among their employees. Thus, keeping this point in mind, researcher present article is concerned with study the training practices offered by the HDFC Bank to their employees, evaluate the effectiveness of the training practices and also seek the suggestions from by the employees on improving the present system in HDFC Bank.
This article is quantitative in nature. Data for the article have been collected through primary and secondary source. Primary sources include questionnaires surveys and secondary sources include information get from journals, RBI Governor Speeches and websites and so on. We analyze responses on two bases one is position held in the organization and other one is gender. The result showed that there are significant relations. Relevant literatures were also studied about topics related to this research. Recommendation and conclusion are the last part of this article.
A Study on Impact of Union Budget on Stock Market (NIFTY)
Source: (Hemendra Gupta- Journal of advanced research in accounting and finance management)
This research article analyses the impact of budget on stock market by studying the returns in S&P CNX NIFTY for a period ranging from 1991 to 2014. NIFTY returns are analyzed on the day of budget and also 30 days before and after the budget. It is observed from the study that as regard to volatility of returns in market, budget only brings about short-term volatility in daily return of Index; however, there has not been any significant change in daily return near budget days as compared to other days. The stock market seems to adjust and absorb the information within a short period itself.