Functioning Of Banking Sector Research Articles

The effect of Foreign direct investment and financial development on economic growth: Evidence from global income countries

Prior researchers have explored the role of FDI and economic growth or financial development and economic growth in a particular sample of countries or region while no collective studies on the effect of FDI, banks and stock market on economic growth in region or income-based groups have been conducted yet. Using a balanced panel data set of the globe of 193 upper middle income (UMI), lower middle income (LMI) and high income (HMI) countries for the period of 1998 to 2018, the study ever the first time explore the role of FDI, banks and stock markets financial development on economic growth by employing static methods and Dynamic approaches which contributes to the scarce literature on the collective and across income-based groups of countries. All model findings for the global panel indicates that FDI affect economic growth significantly and positively in the global panel, lower middle income (LMI) and upper middle income (UMI) countries where it’s not true for high income (HI) countries. Banking sector development also affect economic growth significantly but negatively in the global panel, high income and upper middle-income countries while not significant for the lower middle income (LMI) countries. Stock market development also affects economic growth significantly but negatively in the global panel. Furthermore, the result concludes that FDI have a larger effect on economic growth than does banks or stock market financial development. This study suggest high income countries regards improving FDI attraction, lower middle income (LMI) countries in regards improve banking sector and collectively suggest to improve major driver and functioning of banking sector and stock markets to spur economic growth. This study is beneficial for the government channels and financial sector of the study countries to make further decision.

Antecedents of Organizational Stress among Bank Executives

Occupational stress affects individual’s potency and its organisation’s work environment. Occupational stress is becoming one of the alarming problems worldwide due to intense pressure, deadlines and competition to survive. Earlier studies reveal that occupational stress can cause serious damage to the health of employees which ultimately incur huge losses to organisation and its environment. The work of nationalised bank employees is one of the stressful jobs in present day as they are dealing with financial transaction and expected with accuracy. The research paper aims to compare the various dimensions of sources of stress among bank Executives under study with respect to their Gender, Length of Service and Designation. Sample of the study has been selected from nationalized banks of Udham Singh Nagar region of Uttarakhand. The functioning of banking sector has witnessed drastic changes because of liberalization, privatisation, and globalisation and information technology. So with these challenges employees leading forward by delivering their services which consequently resulting in pressure and work under consistent pressure results in disturbance in an employee’s mental and physical wellness. The entry of private banks has influenced the expectations of customers as they have initiated numerous value added services. In the light of these grounds it is vital to study the work related stress confronted by bank employees and the stressors responsible for causing stress. In this research paper terms like occupational stress, work stress and job stress are used synonymously.