Empirical Study of Performance of Bank Nifty with Reference to Pre & Post Declaration Union Budget Of India

2026-07-02T11:35:24+00:00

Purpose: To know the average rate of return of pre- and post-budget positions of Bank Nifty (in NSE) since 2005.

Methodology: After reviewing various kinds of literature related to Bank Nifty. Knowing the pre- and post-budget impact on the share market will affect the whole capital and money market of India. Here, for this study purpose, around two decades of pre & post (30, 15, 7, & 3 days before & after the budget are released) The budget was declared as collected from various related websites of the stock market. This is properly analysed. A suitable statistical test was applied to that data to know the sentiments of the stock market and the investor's investment trends.

Findings: Pre- and post-budget, the average rate of return of Bank Nifty was different. If investors invest for 30 or 15 days and withdraw after 30 or 15 days have passed, it has a positive effect. In case of investment in 07 or 03 days and withdrawal of the same, it has had a neutral or negative effect for the last fifteen years.

Practical implications: This study will be helpful to investors, agents, and banks' CEOs who want to launch IPOs in the market and helpful for trend analysis agencies/brokers.

Originality: The paper is fully original, as secondary data were collected from the official website of NSE. Furthermore, in this area, no research scholars have yet studied this kind of work previously.

Banking and Microfinance: Main Functions, Mechanisms, Effects and Policy Implications

2026-07-08T06:47:33+00:00

This article discusses the important role of banks in the evolution and extension of microfinance services for the enhancement of financial inclusion of the low-income communities. Banks are the critical intermediates in providing credit, savings, insurance and other financial services to individuals and small businesses that are not connected to the regular banking system. The paper examines the roles of banks in supporting microfinance firms in terms of funding, regulatory advice, technological infrastructure, and risk management methods. It also covers the role of microfinance in poverty reduction, women empowerment, rural development and entrepreneurship generation. But such development has not stopped microfinance from suffering from problems such as expensive operations, difficulties in recovering loans, restricted outreach and regulatory limits. The study concludes that more partnerships between banks, governments and microfinance institutions are necessary to achieve sustained financial inclusion and economic development.

How to cite this article:
Basil Hans V, Kottary A G. Banking and Microfinance: Main Functions, Mechanisms, Effects and Policy Implications. J Adv Res Acct Fin Mgmt 2026; 9(2):7-14.

Journal of Advanced Research in Accounting and Finance Management

Empirical Study of Performance of Bank Nifty with Reference to Pre & Post Declaration Union Budget Of India

Banking and Microfinance: Main Functions, Mechanisms, Effects and Policy Implications