Journal of Advanced Research in Accounting and Finance Management

A Secondary Study on Hybrid Human–AI Models for Enhancing Credit Risk Assessment in the Indian Banking Sector: Evidence from SBI

2026-04-02T06:35:03+00:00

Credit risk assessment is a fundamental function in the banking sector, directly influencing financial stability and loan performance. Traditional credit evaluation methods, primarily based on financial ratios, credit history, and human judgement, often face limitations in handling large-scale and complex datasets. With the rapid advancement of artificial intelligence (AI) and machine learning (ML), financial institutions are increasingly adopting data-driven approaches to improve the accuracy and efficiency of credit risk prediction.
This secondary research paper explores the effectiveness of hybrid Human–AI models in enhancing credit risk assessment, with a specific focus on the State Bank of India (SBI). The study is based on an extensive review of existing literature, including academic journals, RBI reports, and industry publications. It examines how AI-based models such as logistic regression, random forest, and neural networks contribute to improved predictive accuracy while identifying their limitations, including algorithmic bias and lack of transparency.
The research highlights that integrating human expertise with AI systems creates a balanced decision-making framework. While AI provides data-driven insights and predictive analytics, human judgement ensures contextual understanding, fairness, and accountability. This hybrid approach not only improves risk prediction but also enhances operational efficiency and
reduces non-performing assets (NPAs).
The findings suggest that hybrid human–AI models can significantly strengthen credit risk management in large public sector banks. The study also emphasises the need for regulatory guidelines and strategic implementation to ensure responsible and effective use of AI in banking.

Advances in Accounting and Finance Management: A Systematic Review of Financial Markets, Risk, and Corporate Practices

2026-03-13T10:46:35+00:00

Accounting and finance management play a vital role in supporting organisational performance, investment decisions, and economic development. Over the last two decades, rapid globalisation, technological advancement, and financial market integration have transformed financial management practices. This study presents a systematic review of the literature on accounting and finance management with a particular focus on financial markets, risk management, and corporate practices. The review synthesises scholarly work published in leading journals to identify major research themes, theoretical developments, and emerging trends in the field. The findings highlight the importance of corporate governance, financial reporting quality, financial risk management, and market competition in shaping financial performance. Additionally, the review identifies the growing role of digital technologies, big data analytics, and regulatory frameworks in improving transparency and decision-making in financial systems. The paper concludes by discussing research gaps and suggesting directions for future research in accounting and finance management.

Transforming Accounting and Bookkeeping Through Artificial Intelligence Technologies

2026-03-13T11:01:47+00:00

Artificial intelligence (AI) is moving quickly and changing accounting and bookkeeping by automating mundane activities, making data more accurate, and allowing for real-time financial analysis. This article looks at how AI-powered tools are used in modern accounting, such as automated data entry, smart reconciliation, fraud detection, and predictive financial reporting. AI helps accountants focus on more important tasks like strategy planning, advisory services, and compliance management by cutting down on manual effort and mistakes made by people. The paper also talks about the problems that come with using AI, such as data security, ethical issues, following the rules, and the need to train accountants. The article says that AI doesn't replace the professional judgement of accountants, but it does change the profession a lot, making accountants and bookkeepers key partners in making decisions based on data.

To study the GenZ's awareness about private equity market, a wealth growth option in Bhopal & Ahmedabad.

2026-03-13T10:54:15+00:00

The study aims to analyse the level of awareness and perception of private equity as an investment option among individual investors. A structured questionnaire was used to collect responses from 154 participants through a purposive sampling method. The data were analysed using SPSS software, employing descriptive statistics, reliability tests, and chi-square tests to identify associations between demographic factors and investment awareness. The results revealed that while most respondents are highly familiar with traditional investment avenues such as bank fixed deposits, mutual funds, and gold, the awareness of private equity remains relatively low. However, respondents who are financially literate and professionally engaged in finance or business sectors show comparatively higher understanding and interest in private equity. The reliability analysis (Cronbach’s alpha = 0.938) indicated strong internal consistency of the questionnaire. Crosstab results suggested significant associations between demographic variables such as age, education, and occupation with awareness and risk perception toward private equity. The study concludes that there is a growing yet limited awareness of private equity among Indian investors, emphasising the need for investor education and financial inclusion initiatives to broaden investment perspectives beyond conventional options.

AI-Driven Digital Transformation in Finance: Enhancing Efficiency, Inclusion, and Governance

2026-03-13T11:00:09+00:00

The swift progress of digital technology and artificial intelligence (AI) is radically transforming the global financial environment. This article looks at how new technologies like AI, machine learning, big data analytics, blockchain, and automation are changing financial services, markets, and the rules that govern them. It looks at how AI-powered systems can make decisions better, manage risks better, find fraud better, trade better using algorithms, and improve the client experience, as well as operational efficiency and financial inclusion. The essay also looks at the problems that come with using technology in banking, such as data privacy, cybersecurity threats, algorithmic bias, model transparency, and changing regulatory requirements. The paper synthesises recent academic literature and commercial advancements, elucidating the opportunities and constraints of AI integration in finance while examining future trends that will influence digital financial innovation. The results indicate that although technology and AI provide significant competitive and societal advantages, their sustainable implementation necessitates strong governance, ethical frameworks, and flexible regulatory monitoring.

An Initiative for Flotel and Botel Through Cooperative Tourism: A Feasibility Study and The Financial Support of Cooperative Banks

2026-03-13T10:57:44+00:00

Tourism in Kerala, known as “God’s Own Country", has long thrived on its unique geography, rich cultural heritage, and biodiversity. The state’s extensive coastline, interlaced with rivers, backwaters, and beaches, provides an exceptional environment for innovative tourism models such as flotels (floating hotels) and botels (boat hotels). These ventures offer immersive experiences that blend hospitality, mobility, and proximity to nature, contributing to sustainable tourism and regional development.

In recent years, the state has witnessed a surge of interest in cooperative tourism initiatives—an alternative paradigm that emphasises collective ownership, participatory management, and community benefit. Kerala’s robust network of cooperative banks provides a promising financial infrastructure for supporting such projects, especially where traditional investors may hesitate due to the unique risks and capital requirements of floating hospitality ventures.

Despite the potential, the implementation of flotel and botel operations in Kerala’s beach tourism zones faces challenges: technical, environmental, regulatory, social, and financial. Conducting comprehensive feasibility studies, as established in knowledge-based systems and infrastructure projects, is essential for ensuring the viability, sustainability, and scalability of these cooperative tourism models. ^{1, 2}

This research paper examines the feasibility of flotel and botel operations in Kerala, focusing on their adaptation to cooperative tourism models supported by cooperative banks. It synthesises frameworks from knowledge-based feasibility studies, packaged software implementation, and infrastructure development to propose a structured approach for evaluation, implementation, and management. The discussion is grounded in lessons from related domains, highlighting the interplay between community participation, technology, financial innovation, and operational resilience.