... the changes in volatility behavior around equity issue announcements, thus contributing to a better understanding of the phenomena of capital markets. Several hypotheses have been proposed to explain market reactions to public equity offerings. Bonus and rights issue announcements (seasoned capital issue...

... the revival of inter‐bank participation certificates. In accordance with the recommendations of the Committee on Financial System (1991), Chaired by M. Narasimham, banking sector reforms and reforms in the money market and capital market have been undertaken. Deregulation of interest rates has led to co...