NorthEast Now

Banking fraud hits public sector bank stocks harder, Nagaland University study finds

Guwahati: Banking fraud announcements trigger sharper stock market losses for public sector banks than their private sector counterparts, according to a study by researchers from Nagaland University and Pandit Deendayal Upadhyaya Adarsha Mahavidyalaya Tulungia, Assam. The study found that ownership structure, institutional credibility and bank size influence how investors respond to financial misconduct. It also [] The post Banking fraud hits public sector bank stocks harder, Nagaland University study finds appeared first on NorthEast Now .