Impact of Russia Ukraine War on Returns of Banking Stocks in India

Banking is the lifeline of an economy. India as an emerging economy aspiring to achieve the status of a developed economy needs robust and inclusive banking sector. Russia Ukraine war has impacted global supply chain and currency exchange rate. This paper examines the impact of war between Ukraine and Russia on the performance of banking stocks. Secondary data is collected from National Stock Exchange. Data is analysed using paired T- test. The findings have implications for banking sector, policy makers and investors