Table 1 Definitions/descriptions of the... | Emerald Publishing

Table 1

Definitions/descriptions of the terms

Term	Definitions/Descriptions
FED Rates	Federal Funds Rate is set by the Federal Reserve, U.S. which refers to the rate at which commercial banks borrow and lend their excess reserves to each other overnight
Granger Causality	The Granger causality is defined in terms of whether historical information set on a variable can predict another variable
Foreign Direct Investment(FDI)	Foreign Direct investment is the investor of a foreign company/firm or ownership in a company which is of other country
Public Sector Banks(PSBs)	Public Sector Banks are those banks where majority ownership lies with the state
Private Sector Banks	Private sector Banks are those banks where majority of the stake is held by individuals/groups
Cash Reserve Ratio(CRR)	It is the percentage of the certain position of deposits which are to be maintained with the Central Bank in order to maintain the liquidity position of the banks
SLR(Statutory Liquidity Ratio)	It is the investment that a bank makes in liquid assets like Government Securities (G-Sec), gold instead of cash to maintain the solvency of the banks
Repo Rate(Repurchase Rate)	It is the rate which financial institutions pays to the Central Bank/Reserve Bank of India for loans secured by securities. The RBI changes the rates in order to regulate the interest to be charged in loans and deposits and influences the borrowing cost of banks
Reverse Repo Rate	It is the rate which is paid by the Central Bank/Reserve Bank Of India when banks park their excess liquidity/money with RBI
Nifty 50	The Nifty 50 is a diversified 50 stock index accounting for 13 sectors of the economy. The Nifty 50 Index represents about 59% of the free float market capitalization of the stocks listed on NSE(National Stock Exchange) as on September 29, 2023.(Source: nse.india.com)
Nifty Bank Index	It refers to the diversified stock index of Banks (Public Sector Banks and Private Sector Banks)

Term	Definitions/Descriptions
FED Rates	Federal Funds Rate is set by the Federal Reserve, U.S. which refers to the rate at which commercial banks borrow and lend their excess reserves to each other overnight
Granger Causality	The Granger causality is defined in terms of whether historical information set on a variable can predict another variable
Foreign Direct Investment(FDI)	Foreign Direct investment is the investor of a foreign company/firm or ownership in a company which is of other country
Public Sector Banks(PSBs)	Public Sector Banks are those banks where majority ownership lies with the state
Private Sector Banks	Private sector Banks are those banks where majority of the stake is held by individuals/groups
Cash Reserve Ratio(CRR)	It is the percentage of the certain position of deposits which are to be maintained with the Central Bank in order to maintain the liquidity position of the banks
SLR(Statutory Liquidity Ratio)	It is the investment that a bank makes in liquid assets like Government Securities (G-Sec), gold instead of cash to maintain the solvency of the banks
Repo Rate(Repurchase Rate)	It is the rate which financial institutions pays to the Central Bank/Reserve Bank of India for loans secured by securities. The RBI changes the rates in order to regulate the interest to be charged in loans and deposits and influences the borrowing cost of banks
Reverse Repo Rate	It is the rate which is paid by the Central Bank/Reserve Bank Of India when banks park their excess liquidity/money with RBI
Nifty 50	The Nifty 50 is a diversified 50 stock index accounting for 13 sectors of the economy. The Nifty 50 Index represents about 59% of the free float market capitalization of the stocks listed on NSE(National Stock Exchange) as on September 29, 2023.(Source: nse.india.com)
Nifty Bank Index	It refers to the diversified stock index of Banks (Public Sector Banks and Private Sector Banks)

Source(s): Table by author