Misra Centre for Financial Markets and Economy (MCFME)

Research webinar on Designing a Market for the Securitization of Non-Performing Loans scheduled on March 23
Research webinar on Designing a Market for the Securitization of Non-Performing Loans scheduled on March 23
Research Seminar on 'Changing Drivers of Inflation' on 3rd March at 11.30 am IST
Research Seminar on "Changing Drivers of Inflation" on 3rd March at 11.30 am IST
Research webinar on Mortgage Origination and residential market segmentation in emerging economies: the case of Ghana scheduled on 2nd February
Research webinar on Mortgage Origination and residential market segmentation in emerging economies: the case of Ghana scheduled on 2nd February
Research webinar on Policy ideas on a few current issues – Privatization, SPACs, Cryptocurrencies & more scheduled on 23 December
Research webinar on Research webinar on Policy ideas on a few current issues – Privatization, SPACs, Cryptocurrencies & more scheduled on 23 December
Panel discussion on 'Understanding REITs: The Asian and US  Perspectives' on 7 December at  7.00 pm
Panel discussion on "Understanding REITs: The Asian and US Perspectives" on 7 December at 7.00 pm
Research webinar on Private Equity and Financial Stability: Evidence from Failed-Bank Resolution in the Crisis  scheduled on 26th October
Research webinar on Private Equity and Financial Stability: Evidence from Failed-Bank Resolution in the Crisis scheduled on 26th October
Research webinar on Money and Mortgages: For Rich and Poor Alike? How Changes in Federal Fund Rate Determine Mortgage Financing scheduled on 27th October
Research webinar on Money and Mortgages: For Rich and Poor Alike? How Changes in Federal Fund Rate Determine Mortgage Financing scheduled on 27th October
Research webinar on  The Revival of Business Groups' Risk Sharing: Evidence from the Japanese Real Estate Investment Trust Market scheduled on 13th October
Research webinar on The Revival of Business Groups' Risk Sharing: Evidence from the Japanese Real Estate Investment Trust Market scheduled on 13th October
Ph.D. Scholars webinar on ''A New Measure of Financial Texts' Readability'' scheduled on 29th September
Ph.D. Scholars webinar on "A New Measure of Financial Texts' Readability" scheduled on 29th September
Research Webinar on Audit Quality and the Interplay between Auditor and Auditee Gender Diversity scheduled on 15th September
Research Webinar on Audit Quality and the Interplay between Auditor and Auditee Gender Diversity scheduled on 15th September
Research Webinar on Political Voice and (Mortgage) Market Participation scheduled on 1st September
Research Webinar on Political Voice and (Mortgage) Market Participation scheduled on 1st September
Research webinar on Predictability and Information in REIT Implied Volatility scheduled on 25th August
Research webinar on Predictability and Information in REIT Implied Volatility scheduled on 25th August
Research webinar on  Flattening the Curve: Pandemic-Induced Revaluation of Urban Real Estate scheduled on 4th August
Research webinar on Flattening the Curve: Pandemic-Induced Revaluation of Urban Real Estate scheduled on 4th August
Research webinar on Investors in Housing Market scheduled on 20th July
Research webinar on Investors in Housing Market scheduled on 20th July
Research webinar on  Demand for Housing in Urban India: an Empirical Approach scheduled on 7th July
Research webinar on Demand for Housing in Urban India: an Empirical Approach scheduled on 7th July
Research webinar on Online Reputation and Debt Capacity scheduled on 29th June
Research webinar on Online Reputation and Debt Capacity scheduled on 29th June
Research webinar on The Effect of Mortgage Securitization on Asset Liquidation Decisions scheduled on 16th June
Research webinar on The Effect of Mortgage Securitization on Asset Liquidation Decisions scheduled on 16th June
Research webinar on Strategic Pay Ratio Estimation under social pressure scheduled on 26th May
Research webinar on Strategic Pay Ratio Estimation under Social Pressure scheduled on 26th May
Dr. Viral Acharya, Deputy Governor, RBI, delivering a talk organised by the Misra Centre, IIMA
Dr. Viral Acharya, Deputy Governor, RBI, delivering a talk organised by the Misra Centre, IIMA
Dr. Viral Acharya explaining how ‘less can be more' when it comes to government borrowings
Dr. Viral Acharya explaining how ‘less can be more' when it comes to government borrowings
'Prof. Errol D'Souza handing over a memento to Dr. Viral Acharya
Prof. Errol D'Souza handing over a memento to Dr. Viral Acharya
Misra Centre, IIMA and the World Bank jointly organised the conference on Financial Distress, Bankruptcy, and Corporate Finance.  Prof. Sanket Mohapatra introducing the panellists (sitting from the left): Dr. M.S. Sahoo (Chairperson, Insolvency and Bankruptcy Board of India);  Prof. Errol D'Souza (Director, IIM Ahmedabad); Mr. U.K. Sinha (Former Chairman, Securities and Exchange Board of India); Dr. Krishnamurthy Subramanian (Chief Economic Advisor, Govt. of India); Mr. Peeyush Misra (Former Partner/Managing Director, Goldman Sachs).
Misra Centre, IIMA and the World Bank jointly organised the conference on Financial Distress, Bankruptcy, and Corporate Finance. Prof. Sanket Mohapatra introducing the panellists (sitting from the left): Dr. M.S. Sahoo (Chairperson, Insolvency and Bankruptcy Board of India); Prof. Errol D'Souza (Director, IIM Ahmedabad); Mr. U.K. Sinha (Former Chairman, Securities and Exchange Board of India); Dr. Krishnamurthy Subramanian (Chief Economic Advisor, Govt. of India); Mr. Peeyush Misra (Former Partner/Managing Director, Goldman Sachs).
Mr. U.K. Sinha (Former Chairman, Securities and Exchange Board of India) delivering a special talk in the Financial Distress, Bankruptcy, and Corporate Finance Conference.
Mr. U.K. Sinha (Former Chairman, Securities and Exchange Board of India) delivering a special talk in the Financial Distress, Bankruptcy, and Corporate Finance Conference.
Prof. Abhiman Das handing over a memento to Prof. Subrata Sarkar, a panellist in the Financial Distress, Bankruptcy, and Corporate Finance Conference.
Prof. Abhiman Das handing over a memento to Prof. Subrata Sarkar, a panellist in the Financial Distress, Bankruptcy, and Corporate Finance Conference.
Misra Centre organised the IIMA Roundtable on Indian Economy. On the dais (from the left), Prof. Errol D'Souza (Director, IIMA); Mr. Pankaj Jain (Additional Secretary, Department of Financial Services, Ministry of Finance, Govt. of India); Mr. Neelkanth Mishra (MD, Credit Suisse, India; and  member of the Prime Minister Economic Advisory Council); Dr. Prachi Misra (MD, Goldman Sachs Macro Research); Prof. Sebastian Morris (IIMA).
Misra Centre organised the IIMA Roundtable on Indian Economy. On the dais (from the left), Prof. Errol D'Souza (Director, IIMA); Mr. Pankaj Jain (Additional Secretary, Department of Financial Services, Ministry of Finance, Govt. of India); Mr. Neelkanth Mishra (MD, Credit Suisse, India; and member of the Prime Minister Economic Advisory Council); Dr. Prachi Misra (MD, Goldman Sachs Macro Research); Prof. Sebastian Morris (IIMA).
IIMA Roundtable on Indian Economy - Mr. Pankaj Jain, Additional Secretary, Department of Financial Services, Ministry of Finance, Govt. of India making a key observation on formal credit to Indian Economy.
IIMA Roundtable on Indian Economy - Mr. Pankaj Jain, Additional Secretary, Department of Financial Services, Ministry of Finance, Govt. of India making a key observation on formal credit to Indian Economy.
IIMA Roundtable on Indian Economy
IIMA Roundtable on Indian Economy

Financial Markets play an important role in the Indian economy. Study and analysis of financial markets require high quality data, research, and insights to engage in the debate and influence policy makers, institutions, and other stakeholders. In this context, the Misra Centre for Financial Markets and Economy, set up at IIMA, is a Centre of excellence, conducting research on the financial markets and economy in India. This Centre provides impetus for focused research, teaching, and knowledge dissemination on contemporary issues related to financial markets within the overall economic framework.

Activities:

The activities of the Centre broadly consist of:

  1. Applied Research – The Misra Centre undertakes practical and executable research and produces research papers, case studies, and periodic reports on financial markets and economy (in the Indian context with global markets as the reference/benchmark) that address issues related to formulation of policy, market structure/regulations including central banks' mandate, monetary policy, fiscal developments, microstructure including commodities, banking, bond markets, SME Financing, financial inclusion, insurance, real estate etc. This is to facilitate wider scope for research by faculty and the doctoral students working at the intersection of finance and economics. The Centre also procures global financial data available with other agencies, in addition to building quality data, analytics, and insightful knowledge on the Indian financial markets and economy.
  2. Knowledge dissemination – The Centre widely disseminates research reports/findings to policy makers, academia, industry, media, analysts, and other key stake holders through a variety of channels viz. seminars, conferences, roundtable discussions, authored articles, media outreach, etc. The Centre regularly organizes workshops and seminars on the key issues facing the economy and the financial markets
  3. Engagement – The Centre engages with key stakeholders, such as industry leaders, academics, government, and policy makers, about the new developments in the economy and financial markets, including the evolving global economic scenario and developments in India’s trading partners. The Centre occasionally invites visitors (Faculty, PhD students, Fellows/Scholars) from universities and organizations in India and abroad for collaborative research. 

Advisory Board

Prof. Raghuram Rajan

University of Chicago Booth School of Business

Prof. Manju Puri

Duke University, Fuqua School of Business

Prof. Maitreesh Ghatak

London School of Economics

Mr. Neelkanth Mishra

Credit Suisse

Dr. Prachi Mishra

Goldman Sachs

 

Governing Committee

  1. Director: Prof. Errol D'Souza
  2. Chairperson: Prof. Sanket Mohapatra
  3. Faculty representatives from IIMA: Prof. Ajay Pandey
  4. Donor representative: Mr. Peeyush Misra

Executive Committee

  1. Prof. Anindya Chakrabarti
  2. Prof. Ellapulli Vasudevan
  3. Prof. Joshy Jacob
  4. Prof. Naman Desai
  5. Prof. Prashant Das
  6. Prof. Sanket Mohapatra (Chair)

Members of the Centre

  1. Prof. Sobhesh Kumar Agarwalla  (Finance and Accounting)
  2. Prof. Anirban Banerjee  (Finance and Accounting)
  3. Prof. Anindya Chakrabarti (Economics)
  4. Prof. Abhiman Das (Economics)
  5. Prof. Prashant Das  (Finance and Accounting)
  6. Prof. Naman Desai (Finance and Accounting)
  7. Prof. Balagopal Gopalakrishnan (Finance and Accounting)
  8. Prof. Joshy Jacob  (Finance and Accounting)
  9. Prof. Tarun Jain (Economics)
  10. Prof. Ankit Kariya  (Finance & Accounting)
  11. Prof. Adrija Majumdar  (Information System)
  12. Prof. M P Ram Mohan  (Business Policy)
  13. Prof. Sanket Mohapatra (Economics)
  14. Prof. Mohsen Mohaghegh (Economics)
  15. Prof. Ajay Pandey  (Finance and Accounting)
  16. Prof. Jeevant Rampal (Economics)
  17. Prof. Pranav Singh  (Finance and Accounting)
  18. Prof. Ramanathan Subramaniam  (Marketing)
  19. Prof. Poornima Varma  (Center for Management in Agriculture)
  20. Prof. Ellapulli Vasudevan  (Finance & Accounting)

Members are collaborating with the following researchers:

  1. Poorvi Anchalia Research Associate (poorvia@iima.ac.in )
  2. Divesh Pandey, Research Associate (diveshp@iima.ac.in)
  3. Gaurav Kumar Singh, Research Scholar (gauravks@iima.ac.in)
  4. Meera Unnikrishnan, Research Associate (meerau@iima.ac.in)
  5. Varun Yadav, PhD Student, Economics (phd17varuny@iima.ac.in)
  6. Abhinav Sharma, PhD Student, Finance and Accounting (phd16abhinavs@iima.ac.in)
  7. Avijit Bansal, PhD Student, Finance and Accounting (phd16avijitb@iima.ac.in)
  8. Pranjal Srivastava, PhD Student, Finance and Accounting (phd18pranjals@iima.ac.in)
  9. Siddharth Mahendra Purohit, PhD Student, Finance and Accounting (phd18siddharthp@iima.ac.in)
  10. Abinash Mishra, PhD Student, Economics (phd18abinashm@iima.ac.in)
  11. Dhruv Goel, PhD Student, Economics (phd17dhruvg@iima.ac.in)
  12. Amrita Roy, PhD Student, Economics (phd18amritar@iima.ac.in)
  13. Sumit Saurav, PhD Student, Finance and Accounting (phd19sumits@iima.ac.in)

 

 

Staging Enabled