An Impact of Capital Adequacy Ratio on the Profitability of Private Sector Banks in India – A Study

Profitability being one of the cardinal principles of bank lending acts as a game changer for the survival and success of private sector banks in India. In order to stay profitable, banks have to capitalise on every penny advanced to yield the expected returns. However, considering the constraints laid down by the Reserve Bank of India, banks have to maintain a minimum capital adequacy ratio, as per the current BASEL III regulations active in India. With the mergers of public sector banks, the challenge has got just tougher for the private sector banks in India. Expansion and Diversification are the key strategies adopted by the key players from the private banking sector, however, with the minimum capital adequacy ratio observed by them, it is necessary to understand its actual impact on the bank’s profitability. This research paper aims to throw light upon the linkage that capital adequacy has with the bank’s profitability. It attempts to establish a relation between the Capital Adequacy Ratio with the Net profits of the bank. For the purpose of this study, data from the past 5 years of the leading private sector banks has been collected, namely, HDFC Bank, ICICI Bank, Kotak Mahindra Bank, AXIS Bank and YES Bank. The collected data has been analysed using Pearson’s Correlation to establish a relation between the CAR Ratio & the bank’s profitability. Hypothesis testing has been further done to study the quantum of proportionate change in the profitability with a change in the CAR Ratio for private sector banks using applicable research tools. The said research tools are applied to achieve the desired results while maintaining the required quantum of accuracy. It also aims to understand the proportionate impact of changes in CAR to the bank’s profitability, which can act as a suggested measure for banks to develop a reliable framework for efficient capital management and increase overall efficiency. The results derived from the data collected and analyzed aim to provide scope for further study on the subject matter

IN VITRO ANTIOXIDANT, ANTIMICROBIAL AND ADMET STUDY OF NOVEL FURAN/BENZOFURAN C-2 COUPLED QUINOLINE HYBRIDS

Objectives: Synthesis of novel 2-(benzofuran-2-yl) and 2-(furan-2-yl) quinoline-4- carboxylates and their [2-(1-benzofuran-2-yl) quinolin-4-yl] methanol, [2-(1-furan-2-yl) quinolin-4-yl] methanol and its derivatives for antioxidant, antimicrobial and ADMET study.Methods: Synthesis was carried with conventional method and the structures were confirmed by IR, 1H NMR, 13C NMR and mass spectral analysis. The antioxidant activity was performed by DPPH and H2O2 radical scavenging method. Antimicrobial investigation was established by cup plate and food poison technique. The in silico absorption, distribution, metabolism, excretion and toxicity (ADMET) study of the drug was carried out in ACD/lab-2.Results: The antioxidant activity results revealed that, compounds 4b-c, 5a-b, 10c and 10f exhibited good DPPH radical and hydrogen peroxide scavenging activity. The antibacterial results revealed that, compounds 4c, 5a-b, 10b, 10d and 10f exhibited good activity against Escherichia coli, Klebsiella pneumonia and Salmonella typhimurium. Further, the antifungal activity results showed that, compounds 4c, 5c and 10c-e were showing good activity against Aspergillus flavus and Candida neoformans.  The mean value of P<0.05 were considered to be statistically significant. The ADMET results revealed that compounds emerged as a potential candidate for antioxidant and antimicrobial agents.Conclusion: The study reveals that compounds containing furan/benzofuran coupled heterocycles are play the important role for activity as they possess potent antioxidant and antimicrobial agents. The in silico ADME analysis also suggesting the compounds were in acceptable range to obey the pharmacokinetic parameters.Â

Deep Low-frequency Radio Observations of A2256. I. the Filamentary Radio Relic

We present deep and high-fidelity images of the merging galaxy cluster A2256 at low frequencies using the upgraded Giant Metrewave Radio Telescope (uGMRT) and LOw-Frequency ARray (LOFAR). This cluster hosts one of the most prominent known relics with a remarkably spectacular network of filamentary substructures. The new uGMRT (300-850 MHz) and LOFAR (120-169 MHz) observations, combined with the archival Karl G. Jansky Very Large Array (VLA; 1-4 GHz) data, allowed us to carry out the first spatially resolved spectral analysis of the exceptional relic emission down to 6″ resolution over a broad range of frequencies. Our new sensitive radio images confirm the presence of complex filaments of magnetized relativistic plasma also at low frequencies. We find that the integrated spectrum of the relic is consistent with a single power law, without any sign of spectral steepening, at least below 3 GHz. Unlike previous claims, the relic shows an integrated spectral index of -1.07 ± 0.02 between 144 MHz and 3 GHz, which is consistent with the (quasi)stationary shock approximation. The spatially resolved spectral analysis suggests that the relic surface very likely traces the complex shock front, with a broad distribution of Mach numbers propagating through a turbulent and dynamically active intracluster medium. Our results show that the northern part of the relic is seen edge-on and the southern part close to face-on. We suggest that the complex filaments are regions where higher Mach numbers dominate the (re)acceleration of electrons that are responsible for the observed radio emission

New filamentary remnant radio emission and duty cycle constraints in the radio galaxy NGC 6086

Radio galaxies are a subclass of active galactic nuclei in which accretion onto the supermassive black hole releases energy via relativistic jets. The jets are not constantly active throughout the life of the host galaxy and alternate between active and quiescent phases. Remnant radio galaxies are detected during a quiescent phase and define a class of unique sources to constrain the AGN duty cycle. We present, a spatially resolved radio analysis of the radio galaxy associated with NGC 6086 and constraints on the spectral age of the diffuse emission to investigate the duty cycle and evolution of the source. We use three new low-frequency, high-sensitivity observations, performed with the Low Frequency Array at 144 MHz and with the upgraded Giant Metrewave Radio Telescope at 400 MHz and 675 MHz. To these, we add two Very Large Array archival observations at 1400 and 4700 MHz. In the new observations, we detect a second pair of larger lobes and three regions with a filamentary morphology. We analyse the spectral index trend in the inner remnant lobes and see systematic steeper values at the lower frequencies compared to the GHz ones. Steeper spectral indices are found in the newly detected outer lobes (up to 2.1), as expected if they trace a previous phase of activity of the AGN. However, the differences between the spectra suggest different dynamical evolution within the intragroup medium during their expansion and/or different magnetic field values. We place constraints on the age of the inner and outer lobes and derive the duty cycle of the source. This results in a total active time of $\sim$39%. The filamentary structures have a steep spectral index ($\sim$1) without any spectral index trend and only one of them shows a steepening in the spectrum. Their origin is not yet clear, but they may have formed due to the compression of the plasma or due to magnetic field substructures

SOPHIE velocimetry of Kepler transit candidates XVII. The physical properties of giant exoplanets within 400 days of period

While giant extrasolar planets have been studied for more than two decades now, there are still some open questions such as their dominant formation and migration process, as well as their atmospheric evolution in different stellar environments. In this paper, we study a sample of giant transiting exoplanets detected by the Kepler telescope with orbital periods up to 400 days. We first defined a sample of 129 giant-planet candidates that we followed up with the SOPHIE spectrograph (OHP, France) in a 6-year radial velocity campaign. This allow us to unveil the nature of these candidates and to measure a false-positive rate of 54.6 +/- 6.5 % for giant-planet candidates orbiting within 400 days of period. Based on a sample of confirmed or likely planets, we then derive the occurrence rates of giant planets in different ranges of orbital periods. The overall occurrence rate of giant planets within 400 days is 4.6 +/- 0.6 %. We recover, for the first time in the Kepler data, the different populations of giant planets reported by radial velocity surveys. Comparing these rates with other yields, we find that the occurrence rate of giant planets is lower only for hot jupiters but not for the longer period planets. We also derive a first measurement on the occurrence rate of brown dwarfs in the brown-dwarf desert with a value of 0.29 +/- 0.17 %. Finally, we discuss the physical properties of the giant planets in our sample. We confirm that giant planets receiving a moderate irradiation are not inflated but we find that they are in average smaller than predicted by formation and evolution models. In this regime of low-irradiated giant planets, we find a possible correlation between their bulk density and the Iron abundance of the host star, which needs more detections to be confirmed.Comment: To appear in Astronomy and Astrophysic

The SDSS-III APOGEE Radial Velocity Survey of M dwarfs I: Description of Survey and Science Goals

We are carrying out a large ancillary program with the SDSS-III, using the fiber-fed multi-object NIR APOGEE spectrograph, to obtain high-resolution H-band spectra of more than 1200 M dwarfs. These observations are used to measure spectroscopic rotational velocities, radial velocities, physical stellar parameters, and variability of the target stars. Here, we describe the target selection for this survey and results from the first year of scientific observations based on spectra that is publicly available in the SDSS-III DR10 data release. As part of this paper we present RVs and vsini of over 200 M dwarfs, with a vsini precision of ~2 km/s and a measurement floor at vsini = 4 km/s. This survey significantly increases the number of M dwarfs studied for vsini and RV variability (at ~100-200 m/s), and will advance the target selection for planned RV and photometric searches for low mass exoplanets around M dwarfs, such as HPF, CARMENES, and TESS. Multiple epochs of radial velocity observations enable us to identify short period binaries, and AO imaging of a subset of stars enables the detection of possible stellar companions at larger separations. The high-resolution H-band APOGEE spectra provide the opportunity to measure physical stellar parameters such as effective temperatures and metallicities for many of these stars. At the culmination of this survey, we will have obtained multi-epoch spectra and RVs for over 1400 stars spanning spectral types of M0-L0, providing the largest set of NIR M dwarf spectra at high resolution, and more than doubling the number of known spectroscopic vsini values for M dwarfs. Furthermore, by modeling telluric lines to correct for small instrumental radial velocity shifts, we hope to achieve a relative velocity precision floor of 50 m/s for bright M dwarfs. We present preliminary results of this telluric modeling technique in this paper.Comment: Submitted to Astronomical Journa

Physical insights from the spectrum of the radio halo in MACS J0717.5+3745

We present new LOFAR observations of the massive merging galaxy cluster MACS J0717.5+3745. The cluster hosts the most powerful radio halo known to date. These new observations, in combination with published uGMRT (300$-$850 MHz) and VLA (1$-$6.5 GHz) data, reveal that the halo is more extended than previously thought, with a largest linear size of $\sim2.2 \rm Mpc$. The halo shows a steep spectrum ($\alpha_{144\,\text{MHz}}^{1.5\,\text{GHz}}\sim-1.4$) and a steepening ($\alpha_{1.5 \text{GHz}}^{5.5 \text{GHz}}\sim-1.9$) above 1.5 GHz. We find a strong scattering in spectral index maps on scales of 50$-$100 kpc. We suggest that such a strong scattering may be a consequence of the regime where inverse Compton dominate the energy losses of electrons. The spectral index becomes steeper and shows an increased curvature in the outermost regions of the halo. We combined the radio data with \textit{Chandra} observations to investigate the connection between the thermal and non-thermal components of the intracluster medium (ICM). Despite a significant substructure in the halo emission, the radio brightness correlates strongly with the X-ray brightness at all observed frequencies. The radio-versus-X-ray brightness correlation slope steepens at a higher radio frequency (from $b_{144 \text{MHz}}=0.67\pm0.05$ to $b_{3.0 \text{GHz}}=0.98\pm0.09$) and the spectral index shows a significant anti correlation with the X-ray brightness. Both pieces of evidence further support a spectral steepening in the external regions. The compelling evidence for a steep spectral index, the existence of a spectral break above 1.5 GHz, and the dependence of radio and X-ray surface brightness correlation on frequency are interpreted in the context of turbulent reacceleration models. Under this scenario, our results allowed us to constrain that the turbulent kinetic pressure of the ICM is up to 10%.Comment: 16 pages, 12 figures, accepted for publication in A&

Physical insights from the spectrum of the radio halo in MACS J0717.5+3745

We present new LOw-Frequency ARray observations of the massive merging galaxy cluster MACS J0717.5+3745, located at a redshift of 0.5458. The cluster hosts the most powerful radio halo known to date. These new observations, in combination with published uGMRT (300-850 MHz) and VLA (1-6.5 GHz) data, reveal that the halo is more extended than previously thought, with a largest linear size of ∼2.2 Mpc, making it one of the largest known halos. The halo shows a steep spectrum (α144 MHz1.5 GHz ∼-1.4) and a steepening (α1.5 GHz5.5 GHz ∼-1.9) above 1.5 GHz. We find a strong scattering in spectral index maps on scales of 50-100 kpc. We suggest that such a strong scattering may be a consequence of the regime where inverse Compton dominates the energy losses of electrons. The spectral index becomes steeper and shows an increased curvature in the outermost regions of the halo. We combined the radio data with Chandra observations to investigate the connection between the thermal and nonthermal components of the intracluster medium (ICM). Despite a significant substructure in the halo emission, the radio brightness correlates strongly with the X-ray brightness at all observed frequencies. The radio-versus-X-ray brightness correlation slope steepens at a higher radio frequency (from b144? MHz? =? 0.67? ±? 0.05 to b3.0? GHz? =? 0.98? ±? 0.09) and the spectral index shows a significant anticorrelation with the X-ray brightness. Both pieces of evidence further support a spectral steepening in the external regions. The compelling evidence for a steep spectral index, the existence of a spectral break above 1.5 GHz, and the dependence of radio and X-ray surface brightness correlation on frequency are interpreted in the context of turbulent reacceleration models. Under this scenario, our results allowed us to constrain that the turbulent kinetic pressure of the ICM is up to 10%

The SDSS-III APOGEE Radial Velocity Survey Of M Dwarfs. I. Description Of The Survey And Science Goals

We are carrying out a large ancillary program with the Sloan Digital Sky Survey, SDSS-III, using the fiber-fed multi-object near-infrared APOGEE spectrograph, to obtain high-resolution H-band spectra of more than 1200 M dwarfs. These observations will be used to measure spectroscopic rotational velocities, radial velocities, physical stellar parameters, and variability of the target stars. Here, we describe the target selection for this survey, as well as results from the first year of scientific observations based on spectra that will be publicly available in the SDSS-III DR 10 data release. As part of this paper we present radial velocities and rotational velocities of over 200 M dwarfs, with a v sin i precision of similar to 2 km s(-1) a measurement floor at v sin i = 4 km s(-1). This survey significantly increases the number of M dwarfs studied for rotational velocities and radial velocity variability (at similar to 100-200 m s(-1)), and will inform and advance the target selection for planned radial velocity and photometric searches for low-mass exoplanets around M dwarfs, such as the Habitable Zone Planet Finder, CARMENES, and TESS. Multiple epochs of radial velocity observations enable us to identify short period binaries, and adaptive optics imaging of a subset of stars enables the detection of possible stellar companions at larger separations. The high-resolution APOGEE spectra, covering the entire H band, provide the opportunity to measure physical stellar parameters such as effective temperatures and metallicities for many of these stars. At the culmination of this survey, we will have obtained multi-epoch spectra and radial velocities for over 1400 stars spanning the spectral range M0-L0, providing the largest set of near-infrared M dwarf spectra at high resolution, and more than doubling the number of known spectroscopic a sin i values for M dwarfs. Furthermore, by modeling telluric lines to correct for small instrumental radial velocity shifts, we hope to achieve a relative velocity precision floor of 50 m s(-1) for bright M dwarfs. With three or more epochs, this precision is adequate to detect substellar companions, including giant planets with short orbital periods, and flag them for higher-cadence followup. We present preliminary, and promising, results of this telluric modeling technique in this paper.Center for Exoplanets and Habitable WorldsPennsylvania State UniversityEberly College of SciencePennsylvania Space Grant ConsortiumNSF AST 1006676, AST 1126413National Science FoundationNational Aeronautics and Space Administration NNX-08AE38A, NNX13AB03GAlfred P. Sloan FoundationU.S. Department of Energy Oce of ScienceUniversity of ArizonaBrazilian Participation GroupBrookhaven National LaboratoryUniversity of CambridgeCarnegie Mellon UniversityUniversity of FloridaFrench Participation GroupGerman Participation GroupHarvard UniversityInstituto de Astrosica de CanariasMichigan State/Notre Dame/JINA Participation GroupJohns Hopkins UniversityLawrence Berkeley National LaboratoryMax Planck Institute for AstrophysicsMax Planck Institute for Extraterrestrial PhysicsNew Mexico State UniversityNew York UniversityOhio State UniversityUniversity of PortsmouthPrinceton UniversitySpanish Participation GroupUniversity of TokyoUniversity of UtahVanderbilt UniversityUniversity of VirginiaUniversity of WashingtonYale UniversityMcDonald Observator

Understanding the radio relic emission in the galaxy cluster MACS J0717.5+3745: Spectral analysis

Radio relics are diffuse, extended synchrotron sources that originate from shock fronts generated during cluster mergers. The massive merging galaxy cluster MACS J0717.5+3745 hosts one of the more complex relics known to date. We present upgraded Giant Metrewave Radio Telescope band 3 (300-500 MHz) and band 4 (550-850 MHz) observations. These new observations, combined with published VLA and the new LOFAR HBA data, allow us to carry out a detailed, high spatial resolution spectral analysis of the relic over a broad range of frequencies. The integrated spectrum of the relic closely follows a power law between 144 MHz and 5.5 GHz with a mean spectral slope αâ€., =â€., -1.16†±â€ 0.03. Despite the complex morphology of this relic, its subregions and the other isolated filaments also follow power-law behaviors, and show similar spectral slopes. Assuming diffusive shock acceleration, we estimated a dominant Mach number of ∼3.7 for the shocks that make up the relic. A comparison with recent numerical simulations suggests that in the case of radio relics, the slopes of the integrated radio spectra are determined by the Mach number of the accelerating shock, with α nearly constant, namely between -1.13 and -1.17, for Mach numbers 3.5†-†4.0. The spectral shapes inferred from spatially resolved regions show curvature, we speculate that the relic is inclined along the line of sight. The locus of points in the simulated color-color plots changes significantly with the relic viewing angle. We conclude that projection effects and inhomogeneities in the shock Mach number dominate the observed spectral properties of the relic in this complex system. Based on the new observations we raise the possibility that the relic and a narrow-angle-tailed radio galaxy are two different structures projected along the same line of sight