{"id":22755,"date":"2025-03-25T19:37:16","date_gmt":"2025-03-25T14:07:16","guid":{"rendered":"http:\/\/www.sachdevajk.in\/?p=22755"},"modified":"2025-03-25T19:37:16","modified_gmt":"2025-03-25T14:07:16","slug":"relation-of-suryoday-small-finance-bank-with-nifty50","status":"publish","type":"post","link":"http:\/\/www.sachdevajk.in\/?p=22755","title":{"rendered":"Relation Of Suryoday Small Finance Bank With Nifty50"},"content":{"rendered":"<p class=\"s3\" style=\"margin-top: 12px;margin-bottom: 12px;line-height: 1.08;color: #000000;font-size: 18px\"><span class=\"s2\" style=\"line-height: 19.200001px;font-size: 16px;font-family: 'Times New Roman';font-weight: bold\"><span class=\"bumpedFont15\" style=\"line-height: 28.799999px;font-size: 1.5em\">Title: Relation of\u00a0<\/span><\/span><span class=\"s2\" style=\"line-height: 19.200001px;font-size: 16px;font-family: 'Times New Roman';font-weight: bold\"><span class=\"bumpedFont15\" style=\"line-height: 28.799999px;font-size: 1.5em\">Suryoday<\/span><\/span><span class=\"s2\" style=\"line-height: 19.200001px;font-size: 16px;font-family: 'Times New Roman';font-weight: bold\"><span class=\"bumpedFont15\" style=\"line-height: 28.799999px;font-size: 1.5em\">\u00a0Small Finance Bank with Nifty50<\/span><\/span><\/p>\n<p class=\"s3\" style=\"margin-top: 12px;margin-bottom: 12px;line-height: 1.08;color: #000000;font-size: 18px\"><span class=\"s4\" style=\"line-height: 16.799999px;font-size: 14px;font-family: 'Times New Roman';font-weight: bold\"><span class=\"bumpedFont15\" style=\"line-height: 25.200001px;font-size: 1.5em\">Author: Sahil Gaware<\/span><\/span><\/p>\n<p class=\"s3\" style=\"margin-top: 12px;margin-bottom: 12px;line-height: 1.08;color: #000000;font-size: 18px\"><span class=\"s4\" style=\"line-height: 16.799999px;font-size: 14px;font-family: 'Times New Roman';font-weight: bold\"><span class=\"bumpedFont15\" style=\"line-height: 25.200001px;font-size: 1.5em\">Introduction<\/span><\/span><span style=\"line-height: 21.6px\">\u00a0<\/span><\/p>\n<p class=\"s3\" style=\"margin-top: 12px;margin-bottom: 12px;line-height: 1.08;color: #000000;font-size: 18px\"><span class=\"s5\" style=\"line-height: 21.6px;font-family: 'Times New Roman'\">Suryoday<\/span><span class=\"s5\" style=\"line-height: 21.6px;font-family: 'Times New Roman'\">\u00a0Small Finance Bank Limited (SSFB) is a prominent financial institution in India. It primarily focuses on providing financial services to the underserved and unbanked sectors. Founded to enhance financial inclusion, SSFB delivers a variety of banking products tailored to meet the needs of small and medium enterprises (SMEs) and individual customers.<\/span><\/p>\n<p class=\"s3\" style=\"margin-top: 12px;margin-bottom: 12px;line-height: 1.08;color: #000000;font-size: 18px\"><span class=\"s4\" style=\"line-height: 16.799999px;font-size: 14px;font-family: 'Times New Roman';font-weight: bold\"><span class=\"bumpedFont15\" style=\"line-height: 25.200001px;font-size: 1.5em\">Objective<\/span><\/span><span class=\"s4\" style=\"line-height: 16.799999px;font-size: 14px;font-family: 'Times New Roman';font-weight: bold\"><span class=\"bumpedFont15\" style=\"line-height: 25.200001px;font-size: 1.5em\">:<\/span><\/span><\/p>\n<p class=\"s3\" style=\"margin-top: 12px;margin-bottom: 12px;line-height: 1.08;color: #000000;font-size: 18px\"><span class=\"s5\" style=\"line-height: 21.6px;font-family: 'Times New Roman'\">To determine the key financial characteristics of\u00a0<\/span><span class=\"s5\" style=\"line-height: 21.6px;font-family: 'Times New Roman'\">Suryoday<\/span><span class=\"s5\" style=\"line-height: 21.6px;font-family: 'Times New Roman'\">\u00a0Small Finance Bank and assess its relationship with Nifty50.<\/span><\/p>\n<p class=\"s3\" style=\"margin-top: 12px;margin-bottom: 12px;line-height: 1.08;color: #000000;font-size: 18px\"><span class=\"s4\" style=\"line-height: 16.799999px;font-size: 14px;font-family: 'Times New Roman';font-weight: bold\"><span class=\"bumpedFont15\" style=\"line-height: 25.200001px;font-size: 1.5em\">Literature Review:<\/span><\/span><\/p>\n<p class=\"s3\" style=\"margin-top: 12px;margin-bottom: 12px;line-height: 1.08;color: #000000;font-size: 18px\"><span class=\"s4\" style=\"line-height: 16.799999px;font-size: 14px;font-family: 'Times New Roman';font-weight: bold\"><span class=\"bumpedFont15\" style=\"line-height: 25.200001px;font-size: 1.5em\">New Approaches to Financial Capacity Assessments<\/span><\/span><span class=\"s4\" style=\"line-height: 16.799999px;font-size: 14px;font-family: 'Times New Roman';font-weight: bold\"><span class=\"bumpedFont15\" style=\"line-height: 25.200001px;font-size: 1.5em\">(<\/span><\/span><span class=\"s4\" style=\"line-height: 16.799999px;font-size: 14px;font-family: 'Times New Roman';font-weight: bold\"><span class=\"bumpedFont15\" style=\"line-height: 25.200001px;font-size: 1.5em\">Gourdon<\/span><\/span><span class=\"s4\" style=\"line-height: 16.799999px;font-size: 14px;font-family: 'Times New Roman';font-weight: bold\"><span class=\"bumpedFont15\" style=\"line-height: 25.200001px;font-size: 1.5em\">\u00a0et al., 2023): \u00a0<\/span><\/span><\/p>\n<p class=\"s3\" style=\"margin-top: 12px;margin-bottom: 12px;line-height: 1.08;color: #000000;font-size: 18px\"><span class=\"s5\" style=\"line-height: 21.6px;font-family: 'Times New Roman'\">Gourdon<\/span><span class=\"s5\" style=\"line-height: 21.6px;font-family: 'Times New Roman'\">\u00a0and colleagues present refined methodologies for evaluating financial performance and capacity. The study emphasizes the limitations of traditional assessments and proposes dynamic approaches such as using productivity metrics and average production figures. By incorporating these advanced methodologies, the research offers a comprehensive framework for understanding financial institutions&#8217; capacity, aiding policymakers in tackling inefficiencies and optimizing performance.<\/span><span style=\"line-height: 21.6px\">\u00a0<\/span><\/p>\n<p class=\"s3\" style=\"margin-top: 12px;margin-bottom: 12px;line-height: 1.08;color: #000000;font-size: 18px\"><span style=\"line-height: 21.6px\">\u00a0<\/span><\/p>\n<p class=\"s3\" style=\"margin-top: 12px;margin-bottom: 12px;line-height: 1.08;color: #000000;font-size: 18px\"><span class=\"s4\" style=\"line-height: 16.799999px;font-size: 14px;font-family: 'Times New Roman';font-weight: bold\"><span class=\"bumpedFont15\" style=\"line-height: 25.200001px;font-size: 1.5em\">Impact of Financial Institutions on Economic Growth<\/span><\/span><span class=\"s4\" style=\"line-height: 16.799999px;font-size: 14px;font-family: 'Times New Roman';font-weight: bold\"><span class=\"bumpedFont15\" style=\"line-height: 25.200001px;font-size: 1.5em\">\u00a0<\/span><\/span><span class=\"s4\" style=\"line-height: 16.799999px;font-size: 14px;font-family: 'Times New Roman';font-weight: bold\"><span class=\"bumpedFont15\" style=\"line-height: 25.200001px;font-size: 1.5em\">(David, 2017): \u00a0<\/span><\/span><\/p>\n<p class=\"s3\" style=\"margin-top: 12px;margin-bottom: 12px;line-height: 1.08;color: #000000;font-size: 18px\"><span class=\"s5\" style=\"line-height: 21.6px;font-family: 'Times New Roman'\">David\u2019s research explores the relationship between the growth of financial institutions and national economic development from 1990 to 2015. Using econometric models, the study finds a positive correlation between the expansion of financial institutions and GDP growth, particularly in emerging economies. The findings highlight the pivotal role that financial institutions play in fostering employment, trade, and economic resilience.<\/span><\/p>\n<p class=\"s3\" style=\"margin-top: 12px;margin-bottom: 12px;line-height: 1.08;color: #000000;font-size: 18px\"><span style=\"line-height: 21.6px\">\u00a0<\/span><\/p>\n<p class=\"s3\" style=\"margin-top: 12px;margin-bottom: 12px;line-height: 1.08;color: #000000;font-size: 18px\"><span class=\"s4\" style=\"line-height: 16.799999px;font-size: 14px;font-family: 'Times New Roman';font-weight: bold\"><span class=\"bumpedFont15\" style=\"line-height: 25.200001px;font-size: 1.5em\">Data Collection:<\/span><\/span><\/p>\n<p class=\"s3\" style=\"margin-top: 12px;margin-bottom: 12px;line-height: 1.08;color: #000000;font-size: 18px\"><span class=\"s5\" style=\"line-height: 21.6px;font-family: 'Times New Roman'\">The data for\u00a0<\/span><span class=\"s5\" style=\"line-height: 21.6px;font-family: 'Times New Roman'\">Suryoday<\/span><span class=\"s5\" style=\"line-height: 21.6px;font-family: 'Times New Roman'\">\u00a0Small Finance Bank and Nifty50 was collected for the period 1st January 2024 to 31st December 2024. It includes weekly Friday closing prices for analysis.<\/span><\/p>\n<p class=\"s3\" style=\"margin-top: 12px;margin-bottom: 12px;line-height: 1.08;color: #000000;font-size: 18px\"><span class=\"s4\" style=\"line-height: 16.799999px;font-size: 14px;font-family: 'Times New Roman';font-weight: bold\"><span class=\"bumpedFont15\" style=\"line-height: 25.200001px;font-size: 1.5em\">Data Analysis:<\/span><\/span><span style=\"line-height: 21.6px\"><br \/><\/span><span class=\"s5\" style=\"line-height: 21.6px;font-family: 'Times New Roman'\">Equation:<\/span><span class=\"s5\" style=\"line-height: 21.6px;font-family: 'Times New Roman'\">\u00a0<\/span><span class=\"s5\" style=\"line-height: 21.6px;font-family: 'Times New Roman'\">Suryoday<\/span><span class=\"s5\" style=\"line-height: 21.6px;font-family: 'Times New Roman'\">\u00a0<\/span><span class=\"s5\" style=\"line-height: 21.6px;font-family: 'Times New Roman'\">Small Finance = a + b(Nifty50) \u00a0<\/span><\/p>\n<p class=\"s3\" style=\"margin-top: 12px;margin-bottom: 12px;line-height: 1.08;color: #000000;font-size: 18px\"><span class=\"s4\" style=\"line-height: 16.799999px;font-size: 14px;font-family: 'Times New Roman';font-weight: bold\"><span class=\"bumpedFont15\" style=\"line-height: 25.200001px;font-size: 1.5em\">Interpretation:<\/span><\/span><span style=\"line-height: 21.6px\">\u00a0<\/span><\/p>\n<p class=\"s3\" style=\"margin-top: 12px;margin-bottom: 12px;line-height: 1.08;color: #000000;font-size: 18px\"><span class=\"s5\" style=\"line-height: 21.6px;font-family: 'Times New Roman'\">The regression equation describes the relationship between Nifty50 (X) and\u00a0<\/span><span class=\"s5\" style=\"line-height: 21.6px;font-family: 'Times New Roman'\">Suryoday<\/span><span class=\"s5\" style=\"line-height: 21.6px;font-family: 'Times New Roman'\">\u00a0Small Finance&#8217;s share price (Y), indicating that\u00a0<\/span><span class=\"s5\" style=\"line-height: 21.6px;font-family: 'Times New Roman'\">Suryoday<\/span><span class=\"s5\" style=\"line-height: 21.6px;font-family: 'Times New Roman'\">\u00a0Small Finance&#8217;s share price is the dependent variable, while Nifty50 is the independent variable. \u00a0<\/span><\/p>\n<p class=\"s3\" style=\"margin-top: 12px;margin-bottom: 12px;line-height: 1.08;color: #000000;font-size: 18px\"><span class=\"s5\" style=\"line-height: 21.6px;font-family: 'Times New Roman'\">With 46 observations ((N = 46)), the F-value for the model is 5.9, and the p-value for the slope is 0.019, which is less than the conventional threshold of 0.05. This indicates that the relationship between Nifty50 and\u00a0<\/span><span class=\"s5\" style=\"line-height: 21.6px;font-family: 'Times New Roman'\">Suryoday<\/span><span class=\"s5\" style=\"line-height: 21.6px;font-family: 'Times New Roman'\">\u00a0Small Finance&#8217;s share price is statistically significant at the 5% level. Consequently, this model provides evidence to suggest a significant linear relationship between Nifty50 and\u00a0<\/span><span class=\"s5\" style=\"line-height: 21.6px;font-family: 'Times New Roman'\">Suryoday<\/span><span class=\"s5\" style=\"line-height: 21.6px;font-family: 'Times New Roman'\">Small Finance&#8217;s share price.<\/span><\/p>\n<p class=\"s3\" style=\"margin-top: 12px;margin-bottom: 12px;line-height: 1.08;color: #000000;font-size: 18px\"><span style=\"line-height: 21.6px\">\u00a0<\/span><\/p>\n<p class=\"s3\" style=\"margin-top: 12px;margin-bottom: 12px;line-height: 1.08;color: #000000;font-size: 18px\"><span class=\"s4\" style=\"line-height: 16.799999px;font-size: 14px;font-family: 'Times New Roman';font-weight: bold\"><span class=\"bumpedFont15\" style=\"line-height: 25.200001px;font-size: 1.5em\">Conclusion:<\/span><\/span><\/p>\n<p class=\"s3\" style=\"margin-top: 12px;margin-bottom: 12px;line-height: 1.08;color: #000000;font-size: 18px\"><span class=\"s5\" style=\"line-height: 21.6px;font-family: 'Times New Roman'\">The report highlights\u00a0<\/span><span class=\"s5\" style=\"line-height: 21.6px;font-family: 'Times New Roman'\">Suryoday<\/span><span class=\"s5\" style=\"line-height: 21.6px;font-family: 'Times New Roman'\">\u00a0Small Finance Bank&#8217;s role as a key player in India&#8217;s banking sector. Future data analysis will help derive insights into its market behavior and relationship with broader indices like Nifty50.<\/span><\/p>\n<p class=\"s3\" style=\"margin-top: 12px;margin-bottom: 12px;line-height: 1.08;color: #000000;font-size: 18px\"><span class=\"s4\" style=\"line-height: 16.799999px;font-size: 14px;font-family: 'Times New Roman';font-weight: bold\"><span class=\"bumpedFont15\" style=\"line-height: 25.200001px;font-size: 1.5em\">Reference<\/span><\/span><span class=\"s4\" style=\"line-height: 16.799999px;font-size: 14px;font-family: 'Times New Roman';font-weight: bold\"><span class=\"bumpedFont15\" style=\"line-height: 25.200001px;font-size: 1.5em\">:<\/span><\/span><\/p>\n<p class=\"s3\" style=\"margin-top: 12px;margin-bottom: 12px;line-height: 1.08;color: #000000;font-size: 18px\"><span class=\"s5\" style=\"line-height: 21.6px;font-family: 'Times New Roman'\">1.\u00a0<\/span><span class=\"s5\" style=\"line-height: 21.6px;font-family: 'Times New Roman'\">Gourdon<\/span><span class=\"s5\" style=\"line-height: 21.6px;font-family: 'Times New Roman'\">, D. et al., 2023. *New Approaches to Financial Capacity Assessments.* OECD Publications. \u00a0<\/span><\/p>\n<p class=\"s3\" style=\"margin-top: 12px;margin-bottom: 12px;line-height: 1.08;color: #000000;font-size: 18px\"><span class=\"s5\" style=\"line-height: 21.6px;font-family: 'Times New Roman'\">2. David Perry, 2017. *Economic Impact of Financial Institutions.* University of Calgary.<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Title: Relation of\u00a0Suryoday\u00a0Small Finance Bank with Nifty50 Author: Sahil Gaware Introduction\u00a0 Suryoday\u00a0Small Finance Bank Limited (SSFB) is a prominent financial institution in India. It primarily focuses on providing financial services to the underserved and unbanked sectors. Founded to enhance financial inclusion, SSFB delivers a variety of banking products tailored to meet the needs of small&hellip; <a class=\"more-link\" href=\"http:\/\/www.sachdevajk.in\/?p=22755\">Continue reading <span class=\"screen-reader-text\">Relation Of Suryoday Small Finance Bank With Nifty50<\/span><\/a><\/p>\n","protected":false},"author":139808,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-22755","post","type-post","status-publish","format-standard","hentry","category-uncategorized","entry"],"_links":{"self":[{"href":"http:\/\/www.sachdevajk.in\/index.php?rest_route=\/wp\/v2\/posts\/22755","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/www.sachdevajk.in\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/www.sachdevajk.in\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/www.sachdevajk.in\/index.php?rest_route=\/wp\/v2\/users\/139808"}],"replies":[{"embeddable":true,"href":"http:\/\/www.sachdevajk.in\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=22755"}],"version-history":[{"count":1,"href":"http:\/\/www.sachdevajk.in\/index.php?rest_route=\/wp\/v2\/posts\/22755\/revisions"}],"predecessor-version":[{"id":22756,"href":"http:\/\/www.sachdevajk.in\/index.php?rest_route=\/wp\/v2\/posts\/22755\/revisions\/22756"}],"wp:attachment":[{"href":"http:\/\/www.sachdevajk.in\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=22755"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/www.sachdevajk.in\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=22755"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/www.sachdevajk.in\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=22755"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}