Contribution of Bancassurance on the Performance of Bank: A Case Study of Acquisition of Shares in Max New York Life Insurance by Axis Bank

Leepsa, N. M.; Singh, Ranjit

doi:10.4172/2167-0234.1000283

Cited by 7 publications

(10 citation statements)

References 8 publications

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“…On the other side, banks can also increase their income, diversify offered financial products, and by providing different services under one roof, they can gain more customer loyalty and satisfaction. Some financial and actuarial aspects for this legal and independent organizational entity, Bancassurance, can be found in [24], [25], [26] and references therein. Basically, in our formulation, insurance company gives a certain amount of its surplus to the bank as a commission, which becomes the initial value of the wealth process of the bank.…”

Section: An Application: Bancassurancementioning

confidence: 99%

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A stochastic control approach for constrained stochastic differential games with jumps and regimes

Savku¹

2023

Preprint

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We develop an approach for two player constraint zero-sum and nonzero-sum stochastic differential games, which are modeled by Markov regime-switching jump-diffusion processes. We provide the relations between a usual stochastic optimal control setting and a Lagrangian method. In this context, we prove corresponding theorems for two different type of constraints, which lead us to find real valued and stochastic Lagrange multipliers, respectively. Then, we illustrate our results for a nonzero-sum game problem with stochastic maximum principle technique. Our application is an example of cooperation between a bank and an insurance company, which is a popular, well-known business agreement type, called Bancassurance.

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Section: An Application: Bancassurancementioning

confidence: 99%

“…Let us solve the Equations ( 24)- (25). Firstly, in order to find a solution for p 1 2 (t), t ∈ [0; T ] let us try:…”

Section: An Application: Bancassurancementioning

confidence: 99%

A stochastic control approach for constrained stochastic differential games with jumps and regimes

Savku¹

2023

Preprint

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“…Awareness about investment is continuously changing so for a better understanding of this entire phenomenon, a crosssectional and longitudinal study is required to be conducted. Impact of acquisition of another company by the bank and its impact on subsequent offerings also needs further study (Leepsa & Singh, 2017). Moreover, the impact of digitalization on awareness about mutual fund investment can also be studied .…”

Section: Research Implicationmentioning

confidence: 99%

Measuring Awareness About Mutual Funds: A Study on Bank Employees in Tripura

2023

ijafr

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This paper aims to find out bank employees' awareness level towards mutual funds and their impact on investment in the mutual fund. The study was conducted using a simple random sampling design of 262 employees working in different banks in Tripura, India. The size of the population was 815 employees. The data was collected using a structured questionnaire. Ordinal logistic regression analysis and chi-square test were used to assess the impact of employees' awareness on investment in mutual funds. It was found that the overall level of awareness of bank employees in Tripura towards mutual funds was high, and the level of awareness and volume of investment in the mutual fund are directly related. We conducted a preliminary evaluation study on the awareness level of mutual funds of bank employees using ten multiple questions having one option correct. This study will provide a complete informative summary to the policymaker, bank employees, and non-bank employees to make decisions for investment. It will help to take all necessary steps to spread updated awareness about mutual funds among investors. The study consists of several vital inputs which will be useful to the academician to go for further study in detail. Further research may be done in this field by taking another variable factor that needs to be considered to measure the employees' awareness level.

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“…In contrast, from the angle of future scope, the sample size can be increased to go as accurately as possible because, as we know, the larger the sample size, the higher the accuracy rate. A similar study can also be taken to study the impact of the merger of one bank with another bank; later on, their employees have to work for another bank (Leesa & Singh, 2017). The impact of digital payments on mutual fund investment can also be an important area of study .…”

Section: Future Scope Of the Studymentioning

confidence: 99%

Assessing Relative Weight of Determinants of Investment in Index Scheme of Mutual Funds

2022

IJFB

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The main aim of this study is to assess the relative weight of determinants of investment in Index schemes of mutual funds. The target population for the study came out to be 880. Using a simple random sampling method, the sample size was determined to be 268. Of these, 262 bank employees responded to the questionnaire, and the rest 6 were reluctant. A 95% confidence interval and ±5% margin of error have been used to estimate the overall sample confidence level. For the practice of data, the collection questionnaire method was used. Ordinal logistic regression and Kendall are used to assess the relative weight of determinants of investment in different index schemes of mutual funds. The study discovered that various psychological characteristics like risk perception and attitude are significant determinants of mutual fund investment in Tripura. Also, the interaction effect with demographic and psychological factors influences the volume of investment in mutual funds in Tripura. The study has good inputs for the fund managers of mutual fund Companies. They can know the determinants of investments in mutual funds and their impact on the volume of investment. This study will guide the policymaker on which determinants should be given more weight. The study will assist in designing a strategy for what level of training is required to improve psychological factors toward investment in the mutual fund. The study is very original. It is first attempted to assess the relative weight of determinants for preferring index schemes of the mutual fund.

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Contribution of Bancassurance on the Performance of Bank: A Case Study of Acquisition of Shares in Max New York Life Insurance by Axis Bank

Cited by 7 publications

References 8 publications

A stochastic control approach for constrained stochastic differential games with jumps and regimes

A stochastic control approach for constrained stochastic differential games with jumps and regimes

Measuring Awareness About Mutual Funds: A Study on Bank Employees in Tripura

Assessing Relative Weight of Determinants of Investment in Index Scheme of Mutual Funds

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