A Study On Profitability Indicators Of Housing Finance Companies In India

Priya, P. Krishna; Rengarajan, Dr.P.

doi:10.9790/487x-1810052126

Cited by 2 publications

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“…It is well noted that the accounting-based financial ratio models and the Altman Z-score models are widely used in financial distress area of research despite their cited criticisms because of their popularity and easy-to-use feature, Al Zaabi (2011), Chieng (2013, Lundqvist and Strand (2013), Priya and Rengarajan (2016), Liang and Pathak (2016), Sreekala, Santhi, & Kumar, (2016).…”

Section: Literature Reviewmentioning

confidence: 99%

Are The Sudanese Banks Financially Sound?

Elhussein,

Eldawaha

2024

IJFR

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This study attempts to investigate whether the banks operating in Sudan are solvent and financially sound as well as to examine whether there are roots for a banking panic. The research is also intended to determine whether there are candidate bankrupt banks. The study employs quantitative and qualitative research methods and utilizes both secondary and primary data and covers the eight-year period 2013-2020. The annual audited financial reports of banks published for the period under study represent the source of the secondary data and the primary data is collected through questionnaires distributed to depositors. The sample comprises 30 banks out of a total population of 37 banks. Also, responses from 416 participants in the questionnaire are considered for constructing the depositors’ confidence index. To test the hypotheses a number of quantitative models, namely, univariate financial ratios models, Ahmed (2003) Z-score model, Altman (2002) emergent markets Z-score model, and depositor’s confidence index (DCI) model are utilized. The statistical results of three out of the four models, namely, the univariate financial ratios model, Ahmed (2003) Z-score model, and depositor’s confidence index, document that banks operating in Sudan are financially unsound and financially distressed and none of those banks is thoroughly healthy. However, the results of EM Z-score model show that banks operating in Sudan can be categorized as healthy and financially sound and that there are no roots for a banking panic in the country.

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Section: Literature Reviewmentioning

confidence: 99%

Are The Sudanese Banks Financially Sound?

Elhussein,

Eldawaha

2024

IJFR

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“…The study remarks that the observed profitability is low among the HFCs, and there exists a considerable mismatch in assets and liabilities. Recently, Priya [11]. and Menon [5].…”

Section: Review Of Literaturementioning

confidence: 99%

Determinants of Profitability in Indian Housing Finance Companies: An Empirical Analysis

Sharma

Kumar

2023

IJMH

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Housing Finance Companies (HFCs) are essential non-banking financial institutions (NBFIs) in emerging economies where housing remains an active area of development. To ensure that low-cost and hassle-free housing finance is accessible to customers, it is crucial that HFCs function profitably. While previous studies have studied determinants of risk in financial intermediaries that provide housing finance, this is the first study which focuses on the issue of profitability in the case of HFCs. Specifically, this empirical study identifies determinants of profitability in the case of Indian Housing Finance Companies (HFCs) using the panel data regression method. The study employs a panel dataset of 57 Indian HFCs for the period 2011-2019. The profitability of HFCs is measured using the Return on Assets ratio. The results present three interesting findings. First, HFCs with a larger size exhibit higher profitability, suggesting that smaller HFCs face diseconomies of scale and scope. Second, an increase in interest expenses and compensation to employees is associated with reduced HFC profitability. Lastly, ownership characteristics of the HFC are key determinants of profitability. Specifically, we find that being a subsidiary of a commercial bank increases HFC’s profitability. Contrarily, being government-owned and being affiliated to a large business group is negatively associated with HFC profitability.

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A Study On Profitability Indicators Of Housing Finance Companies In India

Cited by 2 publications

References 0 publications

Are The Sudanese Banks Financially Sound?

Are The Sudanese Banks Financially Sound?

Determinants of Profitability in Indian Housing Finance Companies: An Empirical Analysis

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