PADMALATHA SURESH
Complete list of
published books / book chapters/ research articles/ magazine articles/
interviews
BOOKS
1. 2007, “ Management of Banking and financial services”, Padmalatha Suresh and Justin Paul, Pearson Education, https://www.pearsoned.co.in/paul-suresh
2. 2006, “Project finance – Concepts and Applications”, ed Padmalatha Suresh, Icfai University Press,
http://www.icfaipress.org/books/ProjectFinance_ovw.asp
BOOK CHAPTERS
1. Suresh, Padmalatha., (2007). “An alternative model for infrastructure funding” - article reprint. Infrastructure development: Issues and country experiences.
2. Suresh, Padmalatha., (2007). “Infrastructure Growth in developing countries: role, issues and challenges”- article reprint. Infrastructure development: Issues and country experiences.
3. Suresh,
Padmalatha., (2007). “Airport Privatization and Financing: Experiences from
countries and lessons for
4. Suresh, Padmalatha., (2007). “Is Public Private Participation in Infrastructure losing its sheen?” – article reprint - Infrastructure development: Issues and country experiences.
5. Suresh, Padmaltha., (2007). “Assessing the Economic Impact of infrastructure projects- the ERR” –article reprint - Infrastructure development: Issues and country experiences.
6. Suresh,
Padmalatha., (2007). Airport Privatization and Financing: Experiences from
countries and lessons for
7. Suresh,
Padmalatha., (2007). Airport Privatization and Financing : Experiences from
countries and lessons for
8. Suresh, Padmalatha., (2007). Structure matters in Project finance - article reprint. Structured Finance: An Introduction.
9. Suresh, Padmalatha., (2006). Budget: Overcoming roadblocks to growth- article reprint. Project finance- concepts and cases.
10. Suresh, Padmalatha., (2006). Airport privatization- issues in Lending . Indian aviation industry: Opportunities and challenges.
11. Suresh,
Padmalatha., (2006). Airport Privatization and Financing: Experiences from
countries and lessons for
12. Suresh, Padmalatha., (2006). Project Finance in Developing Countries :The importance of using project finance- article summary. Project finance- concepts and cases.
13. Suresh, Padmalatha., (2006). Assessing the Economic Impact of infrastructure projects- the ERR. Project finance- concepts and cases.
14. Suresh, Padmalatha., (2006). Structure matters in Project finance. Project finance- concepts and cases.
16. 2006 - Web Publications: Article titled 'Can Banks Ensure Eco-Friendly Economic Development?' published in Business line [ May 2006] republished on the web by www.ran.org , an international website for environmental protection
REFEREED ARTICLES
1. Suresh, Padmalatha. (2006). Assessing the Economic Impact of Infrastructure Projects - The ERR. Projects & Profits.
Assessing the
Economic Impact of Infrastructure Projects: The Economic Rate of Return
Padmalatha Suresh
Abstract
Governments would be interested in supporting an infrastructure project only
if the ‘social benefits’ exceed the ‘social costs’. This article explains why social
returns are different from private returns, and outlines the difficulties in
assessing the economic impact of very large projects. The focus of the article
is on the Economic Rate of Return (ERR) used by Multilateral Institutions such
as the International Finance Corporation (IFC) to evaluate the developmental
impact of large projects. The stakeholder analysis for calculating the ERR has
been elaborated, and the related issues dwelt upon. The article concludes that ERR
can be evolved to be a useful tool for assessing the development impact of
large infrastructure projects in the country.
2. Suresh, Padmalatha. (2006). Infrastructure Growth in developing countries-role, issues and chalenges. Icfai Journal of Urban Policy.
Infrastructure
Growth in the Developing Countries: Role, Issues and Challenges
Padmalatha Suresh
Abstract
According to the World Bank estimation, the
next 30 years will witness a growth that is double the size of the existing
urban population in the developing countries. The phenomenon of increasing
urbanization presents unique challenges to the developing countries grappling
with multiple issues of population growth, economic development, and poverty
reduction. The strong link between adequate provision of infrastructure services
and economic productivity and growth has been emphasized time and again, by
development economists and policymakers. It has been discovered that, while the
state-spending on infrastructure has been curtailed due to fiscal and other
pressures, the resulting deficiency in providing infrastructure services has
had major adverse effects on growth, unless offset by an increase in private
sector participation. However, the access rates to basic infrastructure are
quite low and differ among the developing countries. This paper analyzes the
reasons and concludes that low levels of private participation in
infrastructure and huge funding needs are the main challenges for adequate
infrastructure growth in developing countries; and that
3. Suresh, Padmalatha. (2006). Airport Privatization and Financing: Experiences from countries and lessons for India. ICFAI Journal of Infrastructure.
Airport Privatization and Financing – Country Experiences
and Lessons for
Padmalatha Suresh
Abstract
Since the privatization of the British Airport
Authority (BAA) in 1987, private sector participation in airport infrastructure
has expanded and evolved by leaps and bounds. A well functioning air transport
sector offers significant economic development benefits, contributing to
poverty alleviation. When this sector starts making a positive contribution to
the expanded economy, the respective governments could restrict their focus to
safety and security regulation, along with competition policy and economic and
environmental regulation. The commercial viability of operating airport infrastructure
for the private sector arises from being able to price its services
effectively, and the customers being able and willing to pay for these
services. Airport Infrastructure privatization is promising to be a global mega
trend, with more and more governments and private players being pushed in that
direction. Most mature airports remain profitable through the vagaries of the
airline industry, due to the fact that
they earn a high proportion of their income from non-aeronautical revenues!
Airport Ltd is the first PPP Greenfield
project in
4. Suresh,
Padmalatha. (2005). Operational
Risk Management in Banks: More Capital or Control? Professional Banker
Operational
Risk Management in Banks More Capital or Control?
Padmalatha Suresh
Abstract
Operational Risk (OR) management has got its due attention recently. The management
of operational risk requires more intuitive power because there are several
instances which cause higher losses even though their frequency is too low.
While capital is important for any unexpected operational shocks, extremely
vital for operational risk is avoidance management..
5. Suresh, Padmalatha. (2005). Project Finance: The Need to Treat Large Projects Differently. Projects & Profits.
Project Finance:
The Need to Treat Large Projects Differently
Padmalatha Suresh
Abstract
Large infrastructure projects are unique. Usually they take 5 to 7 years
to structure, require huge upfront capital, comprise of mostly large and
tangible assets, and have a very long life. The risks of such projects are
different from those of capital investments for shorter time frames. Traditionally,
the government was financing infrastructure projects. However, increasing under
pressure, government finances are necessitating greater private participation
in financing such projects. The article outlines the evolution of modern
project finance and the global project finance market, contrasts it with
conventional corporate financing, and concludes that project finance is
relevant for
6. Suresh, Padmalatha. (2005). Structure Matters in Project Finance. Projects & Profits.
Structure Matters in Project Finance
-Padmalatha Suresh
Abstract
What are the structural attributes of project companies that enable them
to find the financial and other resources for very large projects? Having found
the resources, how do the project companies structure the project organization
to take care of its long-term needs? How do project companies take care of the
risks involved in constructing, financing and operating very large projects?
What are the structural features of project companies that enable lenders and
equity holders to invest substantial funds? This article summarizes the rationale
for and various types of contracts and models that form the backbone of project
financing transactions.
7. Suresh,
Padmalatha. (2005). Airport
Privatization: Look Before You Lend. Professional Banker
Airport
Privatization: Look Before You Lend
Padmalatha Suresh
Abstract
Lending to
ARTICLES IN BUSINESS
DAILIES
1. Suresh,
Padmalatha (2007) “Deriving new ways to finance infrastructure” The Hindu Businessline,
http://www.thehindubusinessline.com/2007/05/10/stories/2007051000580800.htm
2. Suresh,
Padmalatha (2007) “How to bridge funding gap for infrastructure?” The Hindu
Businessline,
http://www.thehindubusinessline.com/2007/03/26/stories/2007032600150900.htm
3. Suresh,
Padmalatha. (2006). Can banks ensure eco-friendly economic
development? The Hindu Businessline,
http://www.thehindubusinessline.com/2006/05/10/stories/2006051002301100.htm
4. Suresh,
Padmalatha (2006). An
alternative model for infrastructure funding Transferring loan assets
from banks by pooling securities that can be sold to investors . The
Hindu Businessline.,
http://www.thehindubusinessline.com/2006/02/24/stories/2006022401881100.htm
5. Suresh,
Padmalatha. (2005). Greenfield
airport projects - Time for private-public partnerships to take off . The
Hindu Businessline. ,
http://www.thehindubusinessline.com/2005/07/29/stories/2005072900130800.htm
5. Suresh, Padmalatha. (2005). Monetary
Policy 2005-06 -Lending priority to infrastructure . The Hindu
Businessline. ,
http://www.thehindubusinessline.com/2005/05/12/stories/2005051200020800.htm
6. Suresh, Padmalatha. (2005). Budget:
Overcoming Roadblocks to Growth. The Hindu Businessline.,
http://www.thehindubusinessline.com/2005/03/22/stories/2005032200810800.htm
7. Suresh, Padmalatha. (2004). IIM
imbroglio -A social cost-benefit perspective . The Hindu Businessline.
,
http://www.thehindubusinessline.com/2004/05/25/stories/2004052500421000.htm
8. Suresh, Padmalatha. (2004). Beyond
institutional marriages - Real issues in infrastructure financing . The
Hindu Businessline.,
http://www.thehindubusinessline.com/2004/04/02/stories/2004040200010800.htm
9. Suresh, Padmalatha. (2004). SC
verdict on Securitisation Act - More bark than bite? . The Hindu
Businessline. ,
http://www.thehindubusinessline.com/2004/04/15/stories/2004041500120800.htm
10. Suresh, Padmalatha. (2006). Project Finance in Developing Countries: The Importance of Using Project Finance [Article summary – Article by IFC]. Projects & Profits.
INVITED ARTICLES/
INTERVIEWS
1. Suresh, Padmalatha (2007), “Managing
and measuring the
2. Siresh, Padmalatha (2007),
“Credit risk models”, Chartered financial analyst, February 2007 [Interview]
3. Suresh, Padmalathaa, (2006) –“Veteran’s recipe for cracking
the CAT”, Interview by 'the Hindu' –
http://www.hindu.com/2006/10/25/stories/2006102504870200.htm
4. Suresh, Padmalatha. (2006, September). Woman as
entrepreneur. Invited presentation at CII conference on Women
empowerment,
http://www.hindu.com/2006/10/01/stories/2006100109380300.htm
http://www.hindu.com/2006/10/01/stories/2006100120040200.htm
5.. Suresh, Padmalatha. (2006). Is Public Private Participation in Infrastructure losing its sheen? ICFAI Journal of Infrastructure., September 2006
Is Public–Private Participation in Infrastructure
Losing its Sheen?
Padmalatha Suresh
Abstract
Modern infrastructure services play a vital role in economic growth and poverty alleviation. Prior to about two decades, most governments developed and delivered the requisite infrastructure services, or entrusted the responsibility to state-owned enterprises. But in many countries, the results were disappointing, and private sector participation was sought for resource availability and managerial expertise. Private sector investment in developing countries’ infrastructure peaked during the 1990s, and then started declining. The important issue here is to determine whether the apparent slowdown is a short-term phenomenon, or indicative of a major reverse shift from private participation to an entirely public sector-oriented model. This paper concludes that private participation in infrastructure would continue only if governments carry out substantial reforms in the regulatory, legal and financing frameworks of their countries, while de-risking the political environment in the interests of the countries’ economic development.
6. Suresh, Padmalatha. (2006). It's boom time
ahead. Project Monitor, May 2006
http://www.projectsmonitor.com/detailnews.asp?newsid=11193
7. Suresh, Padmalatha, (2005). Interview by 'Project monitor' on SPV for funding infrastructure projects - Dec 2005
http://www.projectsmonitor.com/detailnews.asp?newsid=10023
7. Suresh, Padmalatha (2005). “Lenders have first right
over project cash flows”, Interview by
Projects Monitor,
http://www.projectsmonitor.com/detailnews.asp?newsid=9915
http://www.projectsmonitor.com/detailnews.asp?newsid=9916
8. Suresh,
Padmalatha, (2005): Interview by 'Business World' on infrastructure
financing- Issue dated
9. Suresh, Padmalatha, (2004). Interview by Chartered Financial Analyst on ‘Securitization Act’
SEMINARS/ CONFERENCE
PAPERS
1. Suresh,
Padmalatha (2007), CDS in Infrastructure financing, Invited speaker at
Seminar on Credit Default Swaps, organized by the Indian Institute of Capital
Markets, Mumbai,
2. Suresh,
Padmalatha. (2006). Project finance for infrastructure. Invited
Speaker at National Seminar on infrastructure financing, Chennai, organized by
the
3. Suresh,
P. (2006, February). Transport infrastructure in India and China: Has World
bank made the difference? Presented at IBS National Conference On
Banking & Economics,
4. Suresh,
Padmalatha. (2004). Bank Mergers In