Faculty Spotlight
Student Spotlight
Apply for Faculty Position
Rachita Gulati
Rachita Gulati Assistant Professor +91 1332285683
Areas of Interest
  • Applied Econometrics, Quantitative Methods, Macroeconometric Analysis
  • Efficiency and Productivity Analysis, Performance Benchmarking using DEA, Financial Service Industry, Regulation and Supervision Practices, Competition Policy Assessment, Governance & Stability
Professional Background
2013CurrentAssistant ProfessorIndian Institute of Technology Roorkee
20122013Assistant ProfessorIndian Institute of Management Kashipur
20112012Assistant ProfessorLal Bahadur Shastri Institute of Management, New Delhi
Honors and Awards
Subir Chowdhury Visiting FellowshipLondon School of Economics and Political Science2017-18
Nominated as Top 10 Outstanding Teacher Awardee (PG Category)IIT Roorkee2018 &2019
Best paper award, CERE 2019 (Co-author: M.Bhatia)IIM Indore 2019
Best paper award, CERE 2018 (Co-author: A. Goswami)IIM Indore 2018
Young Faculty Award in Economics20th Dewang Mehta Business School Award2012
Doctoral FellowshipUniversity Grants Commissio (UGC), JRF/SRF2007-2011
Educational Details
Post-doctoral ResearchEconomicsLondon School of Economics and Political Science2018
Ph.D.EconomicsGuru Nanak Dev University2011
M.Sc. (Hons.) EconomicsGuru Nanak Dev University2007
B.Sc.EconomicsGuru Nanak Dev University2005
Administrative Background
20192021Faculty Coordinator,Economics Lecture Series for M.Sc. Economics ProgrammeDepartment of Humanities and Social Sciences, IIT Roorkee
Feb 2019Feb 2021Member, Department Research CommitteeDepartment of Humanities and Social Sciences, IIT Roorkee
2013CurrentMember, Anti-ragging CommitteeIIT Roorkee
Aug 2017currentMember, Users CommitteeDepartment of Humanities and Social Sciences, IIT Roorkee
Jul 2016Dec 2020Programme Coordinatorm M.Sc. EconomicsDepartment of Humanities and Social Sciences, IIT Roorkee
20132017O.C. Time TableIIT Roorkee
June 2018Jan 2019Convenor, Department Faculty Search CommitteeDepartment of Humanities and Social Sciences, IIT Roorkee
Jan 2016Dec 2018O.C. LibraryIIT Roorkee
Jan 2016Dec 2018Advisory Member, LACIIT Roorkee
20182019WardenSarojini Bhawan
20172018WardenKasturba Bhawan
2017.Faculty Advisor, CognizanceDepartment of Humanities and Social Sciences, IIT Roorkee
20152017Advisory Member, CECIIT Roorkee
20132014Course Coordinator, HS 201, HSS01IIT Roorkee
20122013Chairperson, Learning Resource CentreIIM Kashipur
20112012Member, Academic Grade CommitteeLal Bahadur Shastri Institute of Management
Sponsored Research Projects
TopicFunding AgencyYear
Impact Evaluation of Governance Compliance by BanksIMPRESS, ICSSR2019
Stability and Performance of BanksRBI2019
Testing for Competition in Indian Banking IndustryFIG, SRIC IIT Roorkee2014
Participation in seminars
NamePlaceSponsored ByDate
5th Conference of the International Corporate Governance SocietyEssex Business SchoolMHRD, IIT Roorkee & ICSSROct 2019
7th International Workshop on Efficiency Assessment of Public ServicesiUniversitat Internacional de Catalunya (UIC), Barcelona, SpainMHRD, IIT RoorkeeSep 2019
EFiC 2019 Conference on Banking and Corporate Finance, Essex Finance CentreEssex Business School, University of EssexMHRD, IIT RoorkeeJuly 2019
DEAIC 2019 Kent Business SchoolUniversity of Kent, CanterburyMHRD, IIT RoorkeeJune 2019
First EGrow Conference on Future of Indian Banking NITI Aayog, New DelhiMHRD, IIT RoorkeeFeb 2019
Invited public seminar talkLondon School of Economics and Political ScienceLSE2018
4th India Finance ConferenceIndian Institute of Management BangaloreIIM-A,B,C17-19 2014
GCMRM 2014-17Management Development Institute (MDI) GurgaonManagement Development Institute (MDI) Gurgaon11-13 2015
  • International Econometric Society, Member, 2015-2021
  • International Corporate Governance Society, Member, 2019-2020
  • The Indian Econometric Society (TIES), Life Member
Teaching Engagements
TitleCourse CodeClass NameSemester
Econometric Methods for Economic ResearchHSN 910Ph.D.Autumn
Efficiency and Productivity AnalysisHSN 610M.Sc.EconomicsSpring
Advanced EconometricsHSN 512M.Sc. EconomicsAutumn
Money, Banking and Financial MarketsHSN 506M.Sc. EconomicsAutumn
Basic EconometricsHSN 509M.Sc. EconomicsSpring
Financial EconomcisHSN 611M.Sc. EconomicsAutumn
Research Scholar Groups
Scholar NameInterest
Anju Goswami, Asif Khan, Nirmal SinghEfficiency of Financial Services Industry
Madhur Bhatia, Barkha GoyalCorporate Governance
Itisha Jain, Rukmani MahilaPerformance Benchmarking of Educational Institutions
PHDs Supervised
TopicScholar NameStatus of PHDRegistration Year
Cognitive ScienceDeeksha SharmaA2014
Accounting of Non-performing Loans in Efficiency MeasurementAnju GoswamiA2015
Efficiency of Microfinance InstitutionsAsif KhanO2015
Governance and Performance of BanksMadhur BhatiaO2016
Banking in Indian Sub-continent RegionNirmal SinghO2017
Efficiency of Higher Technical Educational InstitutionsItisha JainO2018
Spatial efficiency, learning achievements and technology in school education in OdishaRukhmani MahilaO2018
Governance of insurance firmsBarkha GoyalO2018
Courses or Conferences Organised
Conference NameSponsored ByDate
LSE IO/ARC Fellows Conference 2020LSE, IIT Roorkee & IIT Kanpur (Organising Secretary, Yet to be organised)2020-21
Capacity Building Programme on Qualitative and Quantitative Methods for Social Science ResearchICSSR (with Prof. S.P.Singh, Yet to be organised)2020-21
Research Methodology Workshop on Econometrics for Economic and Business ResearchICSSR (Course Director, Yet to be organised)2020-21
QIP on “Economics for Non-Economists, Managers and ScientistsAICTE (with Prof. Subir Sen & Prof. Falguni Pattanaik)Nov 2019
Research Methodology in Economics and Allied StudiesICSSR (with Prof. S.P. Singh)Jan. 2016
QIP on Econometric Modelling of Cross-Sectional and Time-Series DataAICTE (with Prof. Subir Sen)June 2015
11th Uttar Pradesh-Uttarakhand Economic Association ConferenceMultiple Sponsors (Joint Secretary)Oct 2015
National International Collaboration
Fiscal and Financial Governance ( School of Economics and Political ScienceRP
Books Authored

(2014) Deregulation and Efficiency of Indian Banks, Springer Science+Business Media, 2014, ISBN 978-81-322-1544-8 (with S Kumar)

(2012) Banking Reforms and Efficiency of Public Sector Banks in India, LAP Lambert Publishers, 2012, ISBN 978-3-8473-3435-4

Refereed Journal Papers

Rachita Gulati (Google Scholar:


1. Gulati, Rachita, (2020) “Demystifying gaps and testing for convergence in bank regulations impacting the competitive environment: A case of India and its peers in BRICS”, Journal of Financial Regulation and Compliance [Emerald], Online first:, [ABDC: B]

2.Gulati, Rachita, (2020) “Assessing total factor productivity growth of the passenger-bus transit systems in Indian metropolitan cities using the sequential Malmquist-Luenberger productivity index approach”, Applied Economics Letters [Taylor & Francis], Online First: : [ABDC: B]

3. Gulati, Rachita, Kattumuri, Ruth, Kumar, Sunil (2020), “A non-parametric index of corporate governance for banking firms: An application to India data”, Socio-Economic Planning and Sciences [Elsevier], Vol. 70, doi: [Ranking: Q1, ABDC: B]

4. Bhatia, Madhur and Gulati, Rachita. (2020) “Does board effectiveness matter for bank performance? Evidence from India’, International Journal of Comparative Management, [Inderscience], Online first:

5. Khan, Asif and Gulati, Rachita (2020), “Efficiency of microfinance institutions of South Asia: A bootstrap DEA approach”, International Journal of Computational Economics and Econometrics [Inderscience], Online First: [Ranking: Q4, ABDC: C]


6. Khan, Asif and Gulati, Rachita (2019), “Assessing the efficiency and ranking of microfinance institutions in India”, International Journal of Business Forecasting and Marketing Intelligence [Inderscience], Vol. 5, No. 1, pp. 23-55 [ABDC: C]

7. Gulati, Rachita, Goswami, Anju and Kumar, Sunil (2019), “What drives credit risk in the Indian banking industry? An econometric exploration”, Economic Systems [Elsevier], Vol. 43, No. 1, pp. 42-62 [Ranking: Q2, ABDC: B]

8. Kumar, Sunil and Gulati, Rachita (2019), “Did the global financial crisis alter the competitive conditions in the Indian banking industry?” Applied Economics Letters [Taylor & Francis], Vol. 26, No. 2, pp.857-865.  [Ranking: Q3, ABDC: B]


9. Tyagi, Shilpi, Nauriyal, D.K. and Gulati, Rachita (2018), “Firm level R&D intensity: evidence from Indian drugs and pharmaceutical industry”, Review of Managerial Science [Springer], Vol. 12, No. 1, pp. 167-202. [Ranking: Q1]


10. Sharma, Deekhsa, Mishra, Indiwar and Gulati, Rachita (2017), “Emotional intelligence: Influencing smoking behavior in young adults”, Jindal Journal of Business Research [Sage], Vol. 6, No. 1, pp. 14-24.

11. Gulati, Rachita and Kumar, Sunil (2017), “Analysing banks’ intermediation and operating efficiencies using the two-stage network DEA model: The case of India”, International Journal of Productivity and Performance Management [Emerald], Vol. 66, No. 4, pp. 500-516. [Ranking: Q1, ABDC: B]


12. Gulati, Rachita and Kumar, Sunil (2016), “Assessing the impact of global financial crisis on the profit efficiency of Indian Banks”, Economic Modelling [Elsevier], Vol. 58, pp. 167-181. [Ranking: Q2, ABDC: A]

13. Gulati, Rachita* and Kumar, Sunil (2016), “Assessing the productivity growth of Indian banks during the post-deregulation period using non-radial Malmquist productivity index”, International Journal of Operational Research [Inderscience], Vol. 25, No. 2, pp. 169-195. [Ranking: Q3, ABDC: B]


14. Gulati, Rachita (2015), “Trends of cost efficiency in response to financial deregulation: The case of Indian banks”, Benchmarking: An International Journal [Emerald], Vol. 22, No. 5, pp. 808-838. [Ranking: Q2, ABDC: B]

15. Garg, Ashish and Gulati, Rachita (2013), “Do investors herd in Indian market”, Decision [Springer], Vol. 40, No. 3, pp. 181-196.

16. Gulati, Rachita and Kumar, Sunil (2011), “Impact of Non-traditional Activities on the Efficiency of Indian Banks: A Non-parametric Approach”, Macroeconomics and Finance in Emerging Market Economies [Taylor & Francis], Vol. 4, No. 1, pp. 125-166. [Ranking: Q4, ABDC: C]


17. Kumar, Sunil and Gulati, Rachita (2010), “Measuring Efficiency, Effectiveness and Performance of Indian Public Sector Banks”, International Journal of Productivity and Performance Management [Emerald], Vol. 59 No. 1, pp. 51-74. [Ranking: Q1, ABDC: B]

18. Kumar, Sunil and Gulati, Rachita (2010), “Assessing the Effect of Ownership on the Efficiency of Indian Domestic Banks”, The IUP Journal of Bank Management, 2010, Vol. 9, No. 3, pp. 76-104. [UGC/EBSCO listed]

19. Kumar, Sunil and Gulati, Rachita (2009), “Did Efficiency of Indian Public Sector Banks Converge with Banking Reforms?”, International Review of Economics [Springer], 2009, Vol. 56, No. 1, pp. 47-84. [Ranking: Q3, ABDC: C]

20. Kumar, Sunil and Gulati, Rachita (2009), “Technical Efficiency and its Determinants in Indian Domestic Banking Industry: An Application of DEA and Tobit Analysis”, American Journal of Finance and Accounting [Inderscience], 2009, Vol. 1, No. 3, pp. 256-296. [ABDC: C]

21. Kumar, Sunil and Gulati, Rachita (2009), “Income-generating efficiency of public sector banks in India: An application of data envelopment analysis”, Artha Vijnana, 2009, Vol.51, pp. 103-126.

22. Gulati, Rachita and Kumar, Sunil (2009), “Efficiency-Profitability Relationship in Indian Domestic Banks: A Disaggregate Analysis”, Asian Economic News, Vol. 51, No. 3, p. 411.2

23. Kumar, Sunil and Gulati, Rachita (2008), “An examination of technical, pure technical, and scale efficiencies in Indian public sector banks using data envelopment analysis”, Eurasian Journal of Business and Economics, 2008, Vol.1, No.2, pp. 33-69 [ABDC: C]

24. Kumar, Sunil and Gulati, Rachita (2008), “The impact of size and group affiliation on technical efficiency of Indian public sector banks: an empirical investigation”, The IUP Journal of Bank Management, Vol. VII, No. 4, pp. 18-40. [UGC/EBSCO listed]

25. Kumar, Sunil and Gulati, Rachita (2008), “The impact of size and group affiliation on technical efficiency of Indian public sector banks: an empirical investigation”, The IUP Journal of Bank Management, Vol. VII, No. 4, pp. 18-40. [UGC/EBSCO listed]