Table 1 Output of descriptive statistics... | Emerald Publishing

Table 1

Output of descriptive statistics for public and private sector banks index returns

Index/Statistics	Mean	Median	Max	Min	Std. dev	Skewness	Kurtosis	Jarque-Bera
State Bank of India	0.038311	0.02639	27.3612	−17.4653	2.590951	0.452766	10.6187	9710.337*
Punjab National Bank	0.005608	0.00000	37.9794	−15.59348	2.595245	0.560586	17.0103	32587.02*
Bank of Baroda	0.006165	−0.1657	18.2322	−19.59537	2.446715	1.089937	11.3605	12314.25*
Canara Bank	0.025439	0.06788	32.2458	−23.18921	2.704017	0.229143	11.5615	12129.04*
Central Bank of India	−0.005345	−0.14323	18.2322	−22.25811	2.794218	0.434703	11.3736	11691.2*
Indian Overseas Bank	−0.019495	−0.16168	18.2327	−16.48919	2.720765	0.875567	9.91878	8402.319*
Indian Bank	0.030524	−0.05535	19.457	−15.84033	2.911546	0.472336	7.73442	3844.709*
Uco Bank	0.009116	−0.17513	18.2001	−15.99646	2.781426	0.858314	8.85692	6144.762*
Union Bank	0.002249	0.00000	29.3186	−14.26196	2.811701	0.342238	7.85102	3959.148*
Bank of Maharashtra	0.006165	−0.1657	18.2322	−19.59537	2.446715	1.089937	11.3605	12314.25*
HDFC Bank	0.0607	0.0500	15.099	−13.475	1.7092	0.023799	1.7786	99.81.574*
ICICI Bank	0.0524	0.011	20.706	−2.19512	2.412	−0.05	11.2149	11133.88*
AXIS Bank	0.0501	0.027	18.525	−3.28705	2.456	−0.398927	16.0027	27994.36*
City Bank	0.0498	0.00000	18.052	−2.22991	2.2027	0.225028	13.3174	17593.09*
Federal Bank	0.0493	0.00000	17.532	−2.74835	2.3361	−0.313047	11.1107	10916.13*
IndusInd Bank	0.0756	0.037	37.204	−2.7317	2.660	0.189725	22.2902	61406.78*
Kotak Mahindra Bank	0.0608	0.043	16.816	−2.32242	2.1675	−0.201294	11.7278	12592.85*

Index/Statistics	Mean	Median	Max	Min	Std. dev	Skewness	Kurtosis	Jarque-Bera
State Bank of India	0.038311	0.02639	27.3612	−17.4653	2.590951	0.452766	10.6187	9710.337*
Punjab National Bank	0.005608	0.00000	37.9794	−15.59348	2.595245	0.560586	17.0103	32587.02*
Bank of Baroda	0.006165	−0.1657	18.2322	−19.59537	2.446715	1.089937	11.3605	12314.25*
Canara Bank	0.025439	0.06788	32.2458	−23.18921	2.704017	0.229143	11.5615	12129.04*
Central Bank of India	−0.005345	−0.14323	18.2322	−22.25811	2.794218	0.434703	11.3736	11691.2*
Indian Overseas Bank	−0.019495	−0.16168	18.2327	−16.48919	2.720765	0.875567	9.91878	8402.319*
Indian Bank	0.030524	−0.05535	19.457	−15.84033	2.911546	0.472336	7.73442	3844.709*
Uco Bank	0.009116	−0.17513	18.2001	−15.99646	2.781426	0.858314	8.85692	6144.762*
Union Bank	0.002249	0.00000	29.3186	−14.26196	2.811701	0.342238	7.85102	3959.148*
Bank of Maharashtra	0.006165	−0.1657	18.2322	−19.59537	2.446715	1.089937	11.3605	12314.25*
HDFC Bank	0.0607	0.0500	15.099	−13.475	1.7092	0.023799	1.7786	99.81.574*
ICICI Bank	0.0524	0.011	20.706	−2.19512	2.412	−0.05	11.2149	11133.88*
AXIS Bank	0.0501	0.027	18.525	−3.28705	2.456	−0.398927	16.0027	27994.36*
City Bank	0.0498	0.00000	18.052	−2.22991	2.2027	0.225028	13.3174	17593.09*
Federal Bank	0.0493	0.00000	17.532	−2.74835	2.3361	−0.313047	11.1107	10916.13*
IndusInd Bank	0.0756	0.037	37.204	−2.7317	2.660	0.189725	22.2902	61406.78*
Kotak Mahindra Bank	0.0608	0.043	16.816	−2.32242	2.1675	−0.201294	11.7278	12592.85*

Note(s): *, ** and *** represents p-value <1%, 5% and 10% respectively

Source(s): Compiled by authors