While government led bank capital infusions in US and other developed markets have been usually contingent on an external shock or crisis episode, India presents a unique setting where significant capital infusions happen regularly to stabilize the weak balance sheets of the public sector banks. “Do such repeated government sponsored bank capital infusions lower the financial risks and improve the financial stability?”, we shed light on the question through micro-level data of Indian banks and rigorous empirical methods .

Speaker:

Prof. Madhu Kalimipalli, Wilfrid Laurier University

Prof. Madhu is a full professor in finance at the School of Business and Economics, Wilfrid Laurier University. He is also an affiliated member of the Waterloo Research institute in Insurance, Securities and Quantitative finance (WatRISQ), University of Waterloo. He holds a PhD in Finance from the Bauer College of Business, University of Houston, and MA degrees in Economics from Rutgers University and the Gokhale Institute of Politics and Economics, Pune, India. Prior to joining Laurier in 2000, he was a visiting assistant professor at the Faculty of Management in McGill University.

Moderators

Prof. Anuja Sethia
Prof. Anuja Sethiya is an Assistant Professor – Finance at FLAME University. She received her Doctorate Degree in Finance from IIT Madras. She has completed MBA from Indian Institute of Information Technology, Allahabad and holds a Bachelor’s Degree in Business Administration from Devi Ahilya University, Indore.

Prof. Anuja has over three years of work experience and was associated with D.Y. Patil International University, Pune and Rajiv Gandhi University of Knowledge Technologies, Andhra Pradesh.

During her Ph.D., she received the best paper award at the International Conference on Financial Markets and Corporate Finance (ICFMCF), IIT Kharagpur. She has also been the recipient of gold medal for her all round performance in MBA from IIIT Allahabad. She has a keen interest in the research areas which involve corporate governance, CSR activities, start-up funding and corporate finance.

In her spare time, she enjoys writing songs, poetries, short stories and dancing.

Prof. Pawan Kumar
Prof. Pawan Kumar is Assistant Professor - Finance at FLAME University. He is pursuing his Ph.D. in Systemic Risk Analysis of Financial Asset Class: In the context of India from the National Institute of Industrial Engineering, Mumbai, India. He has completed his Master's Degree in Business Education (MBA) from McMaster University, Hamilton, Canada. He has his bachelor's in Computer Science & Engineering from the National Institute of Technology Prayagraj.

Prof. Pawan has worked in IBM and BlueStacks and provided consulting to the Indian Institute of Banking & Finance, Freedom 55 Financials Canada, and Municipal Corporation of Brantford, Canada. Prof. Pawan has several publications in top-tier journals of the Australian Business Dean Council and serves as a reviewer in Journals of repute, viz. Energy Economics, International Review of Financial Analysis. His current interest lies in developing a portfolio framework for investors that proactively captures the risk associated with extreme events and provide a better reward to risk. In his free time, he likes to have an interdisciplinary discourse that can help him to bring a new perspective to his research