Basel III in India: a double-edged sword

Noor Ulain Rizvi is a PhD (finance) from the Department of Management Studies, IIT Delhi. She has been a teaching assistant for the courses Banking and Financial Services, Financial Management and International business. She has taught at the University of Delhi from where she holds a degree of master’s in Commerce (scholarship holder and silver medalist for academic excellence) after a bachelor’s in the same area (second rank holder in the college). Her research interest focuses on Basel regulatory norms in banking and credit risk. She has received travel grants from ICSSR and IIT Delhi for presenting papers at international conferences. She has published research papers in reputed international journals with a high ABDC ranking.

Dr Smita Kashiramka is an Associate Professor in the area of Finance at the Department of Management Studies, IIT Delhi. She holds a PhD from Birla Institute of Technology and Science, Pilani, Pilani Campus, in the area of Mergers and Acquisitions. She has more than 10 years of academic experience along with a brief corporate experience in the insurance industry. Her areas of interest include Accounting, the Indian Financial System, Corporate Restructuring and Financial Management. She has published papers in international and national journals of repute. She has also presented papers in international peer reviewed conferences.

Shveta Singh is an Associate Professor of Finance at the Department of Management Studies, Indian Institute of Technology (IIT Delhi), India. She is also the co-coordinator of the National Centre for Business Ethics, Corporate Governance and Corporate social responsibility (CSR) (NCBECG and CSR), a Centre of Excellence at IIT Delhi, accredited by the National Foundation on Corporate Governance (NFCG). She teaches courses like Managerial Accounting and Financial Management, Security Analysis and Portfolio Management and corporate Governance. She has contributed to various consulting assignments for organizations such as the Directorate General of Supplies and Disposals and the National Buildings Construction Corporation. She is also the Area Chair of Finance and the Program Coordinator of the generic MBA program at DMS.

Overall, she has more than a decade of professional experience, having spent three years in the corporate sector prior to joining academics. She has published more than 40 research papers in journals/conferences of national and international repute. She has co-authored two research monographs titled “Equity Market in India: Returns, Risk and Price Multiples” and “Financial Management Practices: An Empirical Study of Indian Corporates” published by Springer. She has been honored by the “Leadership” award which she accepted on behalf of IIT Delhi from the Institute of Business and Finance Research at the Global Conference on Business and Finance in the USA. She also won the “Best in Session” award at the same conference. She was also honored with the “Literati” award for outstanding research by Emerald Publishing Inc. She also received a mention for the “Most Downloaded Paper” by the Journal of Advances in Management Research, UK.