A Study on the Impact of Demonetization and GST on the Indian Banking Sector

Ayush Somani.1

1

Publication Date: 2019/07/14

Abstract: The subject of the study is to analysis the impact of Demonetization and GST in the banking sector in India. The analysis focuses on the stock price of these banks. BSE listed public and private sector banks of bank index are used for this study. Hereby we found that there is no significant impact of Demonetization and GST on the public banks and private banks. Therefore we conclude that there is no impact caused due to Demonetization or GST on the banking sector, of companies listed in BSE. We used market return model for making the result more accurate.

Keywords: Demonetization, GST, Event Study, BSE Listed Banks, BSE Bankex, Market Return.

DOI: No DOI Available

PDF: https://ijirst.demo4.arinfotech.co/https://ijisrt.com/wp-content/uploads/2019/04/IJISRT19MA479.pdf

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