Palash Bairagi

@mitwpu.edu.in

Assistant professor |School of Business|
Dr Vishwanath Karad MITWPU Pune,Pune

Palash Bairagi

EDUCATION

Doctorate in Management from Banaras Hindu nuiversity

RESEARCH, TEACHING, or OTHER INTERESTS

Finance, General Economics, Econometrics and Finance, Business, Management and Accounting, Statistics, Probability and Uncertainty
11

Scopus Publications

65

Scholar Citations

4

Scholar h-index

3

Scholar i10-index

Scopus Publications

  • A mini-approach for retail banking with transparent recommendation system enabled by explainable AI
    Palash Bairagi, Shrey Arora
    Discover Artificial Intelligence, 2026
    This study investigates the role of Explainable AI (XAI) in improving the accuracy, efficiency, transparency, and trust in decision-making processes in personalized retail-banking recommendation systems. A thorough examination of machine learning models was conducted using a dataset from Kaggle, comprising 15,168 rows and 12 retail banking demographic features. To understand and validate recommendation model, we used methodologies from popular XAI library packages, such as LIME, SHAP, Yellowbrick, ELI5, and Alibi. The collaborative insights provided by PCA techniques resulted in the identification and removal of detrimental features, which significantly improved the model accuracy and precision. The Results in graphical representations and analyses provide guided model refinement strategies. The overall model accuracy demonstrated a notable improvement, increasing from 0.86 to 0.91, highlights the effectiveness of incorporating banking-related features within XAI-based recommendation systems. This positive performance trajectory further validates the superiority of the XAI models over their non-XAI counterparts across all evaluated features. In particular, the SHAP-enhanced Random Forest model, under the ensemble learning category, not only achieved higher accuracy but also excelled in terms of interpretability and bias detection capabilities. These results underscore the potential of XAI in banking applications, suggesting a pivotal shift towards models that offer enhanced precision and improved transparency, thereby fostering greater trust and reliability in personalized customer service recommendations.
  • Multicriteria Decision Making in Sustainable GRI-G4 Disclosure Framework
    Mahesh Kumar, Palash Bairagi, Padma Charan Mishra
    Studies in Computational Intelligence, 2026
  • Energy Economics: Unraveling Sustainable Convergence of Oil Markets and Macroeconomic Signals
    Shrey Arora, Rishabh Kaushik, Palash Bairagi
    Studies in Computational Intelligence, 2026
  • Economic Sustainability and Humanized Intelligence in Online Buying Behavior: A Human-Centric Perspective
    Palash Bairagi, Sheetal Bansude, Samarjit Roy
    Studies in Computational Intelligence, 2026
  • Preface
    Studies in Computational Intelligence, 2026
  • Humanized Intelligent Analytics in Sustainable Finance and Economic Behaviors: Conclusion and Future Research Directions
    Sirshendu Arosh, Samarjit Roy, Palash Bairagi, Siddhartha Bhattacharyya, Debashis De
    Studies in Computational Intelligence, 2026
  • Navigating the Future: Exploring Intelligent Systems for Sustainable and Robust Finance
    Priyanka Dhoot, Anuradha Patil, Abhishek Raidas, Palash Bairagi, Samarjit Roy
    Studies in Computational Intelligence, 2026
  • Empowering MSME Sector: Unleashing Green Finance
    Swati Srivastava, Mayank Kumar, Pallavi Thacker, Pranay Raj Rathore, Palash Bairagi, Samarjit Roy
    Studies in Computational Intelligence, 2026
  • Humanized Intelligent Analytics in Sustainable Finance and Economic Behaviours: A Systematized Outline
    Samarjit Roy, Palash Bairagi, Shuddhasatta Chowdhury, Ambarish Deb, Siddhartha Bhattacharyya, Debashis De, Takaaki Goto, Debadrita Panda
    Studies in Computational Intelligence, 2026
  • Comparing the Best-Fit and Integrating Generative Deep Learning with Time Series Models for Metal Price Forecasting: A Predictive Analysis
    Palash Bairagi, Shrey Arora, Anindita Chakraborty
    2024 1st International Conference for Women in Computing Incowoco 2024 Proceedings, 2024
    Forecasting metal prices in volatile financial markets is a challenging task due to the non-linear and stochastic nature of price movements. This research integrates deep learning techniques with time series models to predict metal prices, focusing on the MCX Index. A novel Generative Adversarial Network (GAN) framework, coupled with a Convolutional Neural Network (CNN) as a discriminator and Gated Recurrent Units (GRU) as a generator, is proposed. Historical NSE metal spot price data, specifically gold and silver, were used for model training and evaluation. The empirical results demonstrated that the proposed GAN-based architecture outperformed other deep learning models, including LSTM and Bi-LSTM, in terms of forecasting accuracy. The study provides valuable insights into the application of deep generative models for financial forecasting, addressing key challenges associated with modeling non-stationary and noisy financial data.
  • DewMetrics: Demystification of the Dew Computing in Sustainable Internet of Things
    Samarjit Roy, Debadrita Panda, Byung-Gyu Kim, Palash Bairagi, Tamal Mondal, Sirshendu Arosh, Suprabhat Sinha, Debashis De, Yingwei Wang, Karolj Skala, Davor Davidovic
    Internet of Things, 2024

RECENT SCHOLAR PUBLICATIONS

  • Economic Sustainability and Humanized Intelligence in Online Buying Behavior: A Human-Centric Perspective
    P Bairagi, S Bansude, S Roy
    Humanized Intelligence in Sustainable Finance and Economic Behaviours … , 2026
    2026
  • A mini-approach for retail banking with transparent recommendation system enabled by explainable AI
    P Bairagi, S Arora
    Discover Artificial Intelligence , 2026
    2026
  • Navigating the Future: Exploring Intelligent Systems for Sustainable and Robust Finance
    Priyanka Dhoot, Anuradha Patil, Abhishek Raidas, Palash Bairagi, Samarjit Roy
    Humanized Intelligence in Sustainable Finance and Economic Behaviours … , 2026
    2026
  • Multicriteria Decision Making in Sustainable GRI-G4 Disclosure Framework
    M Kumar, P Bairagi, MP Charan
    Humanized Intelligence in Sustainable Finance and Economic Behaviours … , 2026
    2026
    Citations: 1
  • Empowering MSME Sector: Unleashing Green Finance
    Swati Srivastava, Mayank Kumar, Pallavi Thacker, Pranay Raj Rathore, Palash ...
    Humanized Intelligence in Sustainable Finance and Economic Behaviours … , 2026
    2026
  • Humanized Intelligent Analytics in Sustainable Finance and Economic Behaviors: Conclusion and Future Research Directions
    S Arosh, S Roy, P Bairagi, S Bhattacharyya, D De
    Humanized Intelligence in Sustainable Finance and Economic Behaviours … , 2026
    2026
    Citations: 1
  • Energy Economics: Unraveling Sustainable Convergence of Oil Markets and Macroeconomic Signals
    S Arora, R Kaushik, P Bairagi
    Humanized Intelligence in Sustainable Finance and Economic Behaviours … , 2026
    2026
  • Humanized Intelligent Analytics in Sustainable Finance and Economic Behaviours: A Systematized Outline
    Samarjit Roy, Palash Bairagi, Shuddhasatta Chowdhury, Ambarish Deb ...
    Humanized Intelligence in Sustainable Finance and Economic Behaviours … , 2026
    2026
    Citations: 1
  • Examining hotel sustainable performance through triple bottom line lens
    Padma Charan Mishra, Rashmi Ranjan Panigrahi, Palash Bairagi, Sitanath Raiguru
    International Journal of Applied Systemic Studies , 2026
    2026
  • Humanized Intelligence in Sustainable Finance and Economic Behaviours: Concepts, Frameworks, and Applications
    Samarjit Roy, Palash Bairagi, Siddhartha Bhattacharyya, Debashis De
    https://link.springer.com/book/10.1007/978-981-95-0599-9 1, XIV, 287 , 2026
    2026
    Citations: 1
  • Comparing the Best-Fit and Integrating Generative Deep Learning with Time Series Models for Metal Price Forecasting: A Predictive Analysis
    P Bairagi, S Arora, A Chakraborty
    2024 First International Conference for Women in Computing (InCoWoCo), 1-8 , 2025
    2025
  • DewMetrics: Demystification of the Dew Computing in Sustainable Internet of Things
    Samarjit Roy, Debadrita Panda, Byung-Gyu Kim, Palash Bairagi, Tamal Mondal ...
    Dew Computing The Sustainable IoT Perspectives 1, 3-39 , 2023
    2023
    Citations: 10
  • GST & Its Implication to Industry, Retail Investors in India
    P Bairagi
    Intl.J.Adv.Res.Comm&Mgmt 6 (3), 1-4 , 2020
    2020
    Citations: 1
  • Corporate Social Responsibility: A Case of JK Organisation
    HL Bhaskar, P Bairagi
    Perspectives in Finance 2, 103-120 , 2020
    2020
    Citations: 1
  • Firm Size Effect and Cross-Sectional Returns: A Study of Automobile Sector
    P Bairagi, A Chakraborty
    JOURNAL OF ADVANCED RESEARCH IN ACCOUNTING AND FINANCE MANAGEMENT 1 (1), 1-4 , 2019
    2019
  • Influence of Risk Tolerance and Risk Perception on Investment Decisions A Behavioural Finance Perspective
    P Bairagi
    Varanasi , 2018
    2018
  • Effect Of Gender, Age And Income On Investors' Risk Perception In Investment Decision: A Survey Study
    P Bairagi, A Chakraborty
    IUJ Journal Of Management 6 (2), 44-49 , 2018
    2018
    Citations: 12
  • Influence of Risk-Perception on Retail Investors’ Decision Making
    P Bairagi, A Chakraborty
    Asian Journal of Management 9 (2), 999-1004 , 2018
    2018
    Citations: 31
  • Industry-Academia collaboration: Paradigm shifts and avenues for the future
    N Singh, S Yadav, P Bairagi
    Akinik Publications , 2016
    2016
    Citations: 2
  • Impact of Stock Splitting on Volatility and Returns: A Study of Indian Stock Market
    P Bairagi, A Chakraborty
    Contemporary Issue in Commerce, Himalaya Publisher. 1, 1-9 , 2014
    2014

MOST CITED SCHOLAR PUBLICATIONS

  • Influence of Risk-Perception on Retail Investors’ Decision Making
    P Bairagi, A Chakraborty
    Asian Journal of Management 9 (2), 999-1004 , 2018
    2018
    Citations: 31
  • Effect Of Gender, Age And Income On Investors' Risk Perception In Investment Decision: A Survey Study
    P Bairagi, A Chakraborty
    IUJ Journal Of Management 6 (2), 44-49 , 2018
    2018
    Citations: 12
  • DewMetrics: Demystification of the Dew Computing in Sustainable Internet of Things
    Samarjit Roy, Debadrita Panda, Byung-Gyu Kim, Palash Bairagi, Tamal Mondal ...
    Dew Computing The Sustainable IoT Perspectives 1, 3-39 , 2023
    2023
    Citations: 10
  • Impact of changes in Oil Price on Indian Stock Market
    VPR Palash Bairagi
    MANEGMA – 2014, 204-208 , 2014
    2014
    Citations: 4
  • Industry-Academia collaboration: Paradigm shifts and avenues for the future
    N Singh, S Yadav, P Bairagi
    Akinik Publications , 2016
    2016
    Citations: 2
  • Multicriteria Decision Making in Sustainable GRI-G4 Disclosure Framework
    M Kumar, P Bairagi, MP Charan
    Humanized Intelligence in Sustainable Finance and Economic Behaviours … , 2026
    2026
    Citations: 1
  • Humanized Intelligent Analytics in Sustainable Finance and Economic Behaviors: Conclusion and Future Research Directions
    S Arosh, S Roy, P Bairagi, S Bhattacharyya, D De
    Humanized Intelligence in Sustainable Finance and Economic Behaviours … , 2026
    2026
    Citations: 1
  • Humanized Intelligent Analytics in Sustainable Finance and Economic Behaviours: A Systematized Outline
    Samarjit Roy, Palash Bairagi, Shuddhasatta Chowdhury, Ambarish Deb ...
    Humanized Intelligence in Sustainable Finance and Economic Behaviours … , 2026
    2026
    Citations: 1
  • Humanized Intelligence in Sustainable Finance and Economic Behaviours: Concepts, Frameworks, and Applications
    Samarjit Roy, Palash Bairagi, Siddhartha Bhattacharyya, Debashis De
    https://link.springer.com/book/10.1007/978-981-95-0599-9 1, XIV, 287 , 2026
    2026
    Citations: 1
  • GST & Its Implication to Industry, Retail Investors in India
    P Bairagi
    Intl.J.Adv.Res.Comm&Mgmt 6 (3), 1-4 , 2020
    2020
    Citations: 1
  • Corporate Social Responsibility: A Case of JK Organisation
    HL Bhaskar, P Bairagi
    Perspectives in Finance 2, 103-120 , 2020
    2020
    Citations: 1
  • Economic Sustainability and Humanized Intelligence in Online Buying Behavior: A Human-Centric Perspective
    P Bairagi, S Bansude, S Roy
    Humanized Intelligence in Sustainable Finance and Economic Behaviours … , 2026
    2026
  • A mini-approach for retail banking with transparent recommendation system enabled by explainable AI
    P Bairagi, S Arora
    Discover Artificial Intelligence , 2026
    2026
  • Navigating the Future: Exploring Intelligent Systems for Sustainable and Robust Finance
    Priyanka Dhoot, Anuradha Patil, Abhishek Raidas, Palash Bairagi, Samarjit Roy
    Humanized Intelligence in Sustainable Finance and Economic Behaviours … , 2026
    2026
  • Empowering MSME Sector: Unleashing Green Finance
    Swati Srivastava, Mayank Kumar, Pallavi Thacker, Pranay Raj Rathore, Palash ...
    Humanized Intelligence in Sustainable Finance and Economic Behaviours … , 2026
    2026
  • Energy Economics: Unraveling Sustainable Convergence of Oil Markets and Macroeconomic Signals
    S Arora, R Kaushik, P Bairagi
    Humanized Intelligence in Sustainable Finance and Economic Behaviours … , 2026
    2026
  • Examining hotel sustainable performance through triple bottom line lens
    Padma Charan Mishra, Rashmi Ranjan Panigrahi, Palash Bairagi, Sitanath Raiguru
    International Journal of Applied Systemic Studies , 2026
    2026
  • Comparing the Best-Fit and Integrating Generative Deep Learning with Time Series Models for Metal Price Forecasting: A Predictive Analysis
    P Bairagi, S Arora, A Chakraborty
    2024 First International Conference for Women in Computing (InCoWoCo), 1-8 , 2025
    2025
  • Firm Size Effect and Cross-Sectional Returns: A Study of Automobile Sector
    P Bairagi, A Chakraborty
    JOURNAL OF ADVANCED RESEARCH IN ACCOUNTING AND FINANCE MANAGEMENT 1 (1), 1-4 , 2019
    2019
  • Influence of Risk Tolerance and Risk Perception on Investment Decisions A Behavioural Finance Perspective
    P Bairagi
    Varanasi , 2018
    2018