RESUME Educational Background PhD Thesis titled ”Regulation of Securities Markets in ” Highly commended by examiner Prof James Angel Georgetown University USA, 1998.

M.A. in Economics, Jadavpur University Kolkata Specialisation Econometrics 1979.

B.A in Economics, University of Calcutta Economics (Hons) 1975.

GCE (O) Level London University First Class 1970.

PROFESSIONAL EXPERIENCE Oct 2009 onwards Associate Professor Union Bank Chair for Excellence at Madras School of Economics Oct 2008 to Sep 2009 Visiting Associate Professor Madras School of Economics July 2005 to Sep 2008 Visiting Fellow Madras School of Economics May 2004 to June2005 Visiting Professor Great Lakes Institute of Management , Affiliated to the Illinois Institute of Technology, Stuart Graduate School of Business USA Jul 1999to Jul 2005 Visiting Tutor Edinburgh Business School: Heriot Watt University IIBM Chennai, Promoted by Financial Times London and Pearson Education Group Jul 1999 to Dec 2003 Visiting Fellow Madras School of Economics Affiliated to Jul 2003 to Jun 2005 Visiting Professor Chennai Business School Sep 2000 to Jul 2003 Visiting Professor Loyola Institute of Business Administration LIBA Jul 1997 to Jun 1999 Associate Professor D.G. Vaishnav College Department of Management Madras University June1993 to Nov 1993 Lecturer leave vacancy Stella Maris College (Autonomous) Madras University Jun 1988 - May 1990 Lecturer Meenakshi College for Women Madras University

Curriculum Design Key team member in designing and preparing the curriculum for the MSc Financial Economics Course launched in July 2006 at Madras School of Economics affiliated to the Anna University. Supervisor & Panel member Supervisor and Panel members for MSc 4th Semester in the following research topic:

1. Overview Of The Financial Derivatives Market In The Late Twentieth Century: 2. Testing for Validity of the Purchasing Power Parity under Flexible Exchange Rate Regime in India. 3. Impact of Introducing Equity Derivatives on the Underlying Index of National Stock Exchange 4. A Link Between the Financial and Real Sectors 5. Measuring the Integration of Indian Stock Markets 6. Feedback Trading of Foreign Institutional Investors in India 7. Analysis of Price Discovery Function of Sugar Futures in Indian Commodity Market . 8. Analysis of Hedging Effectiveness and Convenience Yield of Oil Futures:. 9. Impact Of Regulatory Control On FII Flows 10. Real Estate Bubbles in USA: An Indicator Model 11. Developments in International Currency Derivative Market: Implications for India 12. Corporate Governance Practices and Financial Distress: Evidence from India. 13. Procyclicity of Banks: The Indian Experience 14. Study on Basel Accord for Capital Adequacy and its effect on the Indian Banking System 15. Feasibility of an Optimum Common Currency Area for ASEAN Region 16. Delivering Microfinance in India an Over view 17. Corporate Governance ;an Overview 18. A Comparative Study of and Bank of Korea. 19. A Study Of Relationship Between Economic Variables and Exchange Rate. 20. Inflation Targeting in India: Issues and Prospects. 21. An Analytical Study of Option Greeks in Indian Derivatives Markets:

INVITED LECTURES

Microfinance Institutions Services and Institutional Approach to Empowerment Jadavpur University Department of Economics Centre for Advanced Studies Kolkata 21st Dec 2005.

Measurement of Macro aggregates - Data Sources and Limitations Reserve Bank of India Staff Training College for the participants of the Economic and Statistic Analysis programme. April 28, 2006

Macroeconomic Environment for Investors in Capital Market Investment Group at 11th Nov 2006.

Money Laundering: Assessing the loss to National Income Account from Money Laundering at Workshop on New Forms of Crime Victimization with reference to Money Laundering, Department of Criminology under the Indian Society of Victimology Madras University 18th Nov 2006.

Analysis of Basis Risk and the Convergence of Commodity futures price; Measuring Convenience Yields of Sugar and Pepper” Indian Institute of Finance Ashok Vihar, Phase II, New Delhi on 9th March 2007.

Financial Environment in India: Banking System History , Current Scenario, Problems, Issues and Regulation at Institute of Financial Management and Research Chennai; for the Centre for Microfinance TIP Training Programme on June 5th 2007.

“An Overview of the Banking Sector in India and The Basel Accord and Capital Adequacy requirements in Banks in India” for participants at the Refresher Course for College Teachers sponsored by the UGC conducted by Madras School of Economics in Dec.2007.

“Designing and Planning Course in Financial Economics” at Madras University at the National Seminar on Upgrading teaching of Economics and Finance at Post-graduate level , co-sponsored by CII on January 30 2009.

“Teaching Techniques of Finance” for new college teachers recruited at Madras University sponsored by TANSCHE in July 2009

“Strategic Risk Management” for the final students Institute of Cost and Works Accountant of India, in the ICWAI Modular Training Program on 13th Nov 2009.

PUBLICATIONS Books Managerial Economics: Economic Tool for Today’s Decision Makers by P.G. Keat, P.K.Y Young and Sreejata Banerjee, Pearson Education Publishers New Delhi September 2006.

Journal Articles Post Issue Operating Performance of Firms and Investor’s Perception in Two Regulatory Regimes in Decision, Indian Institute of Management Calcutta Vol. 23 No. 1-4 January-December 1996.

The Indian Capital Market Regulatory Framework and Recent Developments in Emerging Markets Quarterly, Pub Institutional Investor Inc., NY, Vol. 2 No 3 Fall 1998.

“Pricing of Initial Public Offerings: A Multivariate Model for IPO Issuers to Reduce Under pricing Without Risking Under-Subscription,” co-author Narasimhan, M S in “Management & Accounting Research” (Journal of Institute of Chartered Accountants of India), Vol. 5 No. 3, January-March, 2002

“Measuring Market Integration: How Integrated is the Stock Market in India? ” Finance India journal of Indian Institute of Finance Ashok Vihar, Phase II, Delhi 110052. India co- author S. Sundaresh (refreed) September 2006

Contribution to Edited Volumes

Evolution of Stock Exchanges, Their Regulation and Experiences of Some Developed and Emerging Markets in Themes on Economic Development” ed: Joyshree Roy and Manash R. Gupta Allied Publishers and Jadavpur University (Calcutta) 2000 (refereed).

Pricing of Initial Public Offerings: A Multivariate Model for IPO Issuers to Reduce Under pricing Without Risking Under-Subscription, co-author Narasimhan, M S in “Management & Accounting Research”(Journal of Institute of Chartered Accountants of India), Vol. 5 No. 3, January- March, 2002.

Exchange Rate Variability and Stock Market Volatility: Evidence From India co-authors B. Batavia P. Nandakumar in “The Global Economy: Financial, Legal And Technological Asymmetries” ed Mark Hay ford, Anastasios G. Malliaris and Mary Malliaris the Athenian Policy Forum Toronto Canada. 2003.

Investor’s Decision Behaviour and Post-Issue Performance of Firms under Alternative Regulatory Regimes in Topics in applied Economics Tools, Issues and Institutions” A Feschrift Volume for Prof.U Sankar ed. G. .Mythili and R.Hema, Academic Foundation New Delhi 2005 .

Structural Issues Of Empowerment Under Micro-Finance co-author S.J.S.Swamidoss in “Microfinance Challenges: Empowerment or Disempowerment of the Poor” ed. Isabelle Geurin and Jane Palier Institut Francais de Pondicherry 2005.

“An Analysis of Trading Behaviour of Foreign Institutional Investors in India” conference volume of the International Conference on Issues of Finance and Empirics Jadavpur University. (forthcoming)

“Foreign Currency Futures : Issues and Prospects in India” by in Globalization and Economic Asymmetries, ed. Bala Batavia, P. Nandakumar & C. Wague Athenian Policy Forum (forthcoming)

Working Papers and Reports

“Analysis of Response to IPOs in India” Working Paper Centre for Financial Information IFMR Co-authored M.S. Narasimhan IIMB Sep 1998.

“Financial Services” Chapter in the Pondicherry Vision 2020, Madras School of Economics, Feb 2003.

Other Research Activities • Tata McGraw Hill appointed Reviewer for the textbook “Macro Economics Theory and Policy” by D.N. Dwivedi April 2007. • Sage Publication appointed reviewer. • Guided one student from Mumbai University for MBA dissertation on Commodity Futures in India May 2006. • Participated at the Conference on DERIVATIVES: new ideas, new instrument and new markets at New York University Stern School of Business Salomon Centre May 18th 2007. • Doctoral Committee member for PhD candidate at IIT Madras Dept of Humanities and Sciences 2005. • External Examiner for PhD thesis of candidate for Jadavpur University, 2005.

Research Interest Banking, Derivatives, Financial Regulation, and International Finance.