Impact of Lock-Down on Banking Sector in India

Abstract

As we all are living in lock-down situation due to COVID-19, we have witnessed many ups and downs in Indian economy, especially in banking sector. However, finance sector is backbone for the growth of any country developing as well as developed economy. During last five years Indian banking sector has been facing many problems and challenges. Banks are basic necessity for any human-being irrespective of his economic class. Thus, here, researcher has tried to find out impact of lock-down on two important banking indices; S & P BSE Bankex and Nifty Bank in respect of banking returns by using paired t-test one month pre and post lock-down period. The findings will be useful to many investors as well as banks and policy makers. No doubt, there are many reforms in banking industry since last five years due to demonetisation and various scamps, such study will give insight about performance of Indian Banking Industry.