He is a faculty member at Mahindra Ecole Centrale. And area of work focus on application of econometrics in issues relating to international trade, market structure and development macroeconomics.
He has publication in International Review of Economics and Finance, Review of Development Economics, Development Policy Review, Journal of World Trade, Asia Pacific Trade and Investment Review, Asian Development Bank Working Paper, Economic and Political Weekly, etc. He has contributed in edited volume with publisher, like, Elsevier, Springer Verlag, Routledge, etc. He also has the distinction of writing editorials for all major English dailies in India, and has written over 150 editorials. He has written a book titled, The Indian Economy: A Macroeconomic perspective, Sage PublicationPvt.Ltd.
Professor Banik has project experience with KPMG India; Australian Department of Foreign Affairs and Trade; Laffer Associates, USA; Research and Information System for Developing Countries (RIS), New Delhi; Indian Council for Research on International Economic Relations (ICRIER), New Delhi; Center for Economic Policy Research, UK; Asian Development Bank Institute, Tokyo; Asian Development Bank, Manila; South Asia Network of Economic Research Institutes (SANEI); UNESCAP-ARTNeT, Thailand; the Australia India Institute, University of Melbourne; CUTS International, India; Geneva Network, UK; and World Trade Organization, Geneva. Prior to joining the Graduate Program in the Department of Economics, Utah State University, Professor Banik worked as a Research Officer with the Rajiv Gandhi Foundation, New Delhi and as Senior Business Analyst with DTA Consultancy Firm, New Delhi.