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Does privatization of public sector banks affect stock prices? An event study approach on the Indian banking sector stocks

Varun Kumar Rai, Dharen Kumar Pandey

Asian Journal of Accounting Research (2022) 7 (1): 71–83.

https://doi.org/10.1108/AJAR-06-2021-0078

Published: 04 August 2021

... Market model Abnormal return E44 G14 G21 G32 In 1969, the Government of India nationalized the 14 private banks and, in 1980, six private banks accelerated the country's economic growth. Later in 1993, the Bank of India was merged with Punjab National Bank, the State Bank of Saurashtra...

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Does privatization of public sector banks affect stock prices? An event study approach on the Indian banking sector stocks

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