Effect Of Demonetization On Equity Growth Of Banks

On 8th November, 2016, the Government of India demonetized Rs. 500 and Rs. 1000 currency notes with immediate effect meaning that these denominations were stripped of their status as legal tender. This decision has made an impact on all the sectors but has majorly impacted the banking sectors. This report studies the impact of demonetization on equity growth of SBI Bank. It is evident that demonetization has a effect on equity growth of SBI Bank and Moreover, it can also be concluded that these two variables (Deliverable quantity & spread high-low) have impact on the equity growth of SBI Bank after demonetization.