Disclosure of frauds hit public sector bank stocks harder: Study | Guwahati News
Dimapur: A joint study by researchers from Nagaland University and Pandit Deendayal Upadhyaya Adarsha Mahavidyalaya, Tulungia, has found that announcements of banking frauds triggered sharp negative reactions in the stock market.The trend was more pronounced in public sector banks, which suffered steeper losses than their private sector counterparts, a Nagaland University release said on Thursday.The…
