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Joint research study reveal banking fraud hits PSU bank stocks harder

Chennai, Oct 22 (UNI) A joint study by Nagaland University and Pandit Deendayal Upadhyaya Adarsha Mahavidyalaya Tulungia researchers revealed that major banking fraud announcements leads to major negative stock market reactions and this trend stood more pronounced in public sector banks, which experienced sharper losses than their private sector counterparts.

#Joint research study reveal banking fraud hits PSU bank stocks harder