Performance of the Indian Banking Sector – An Empirical Examination
Ainsley Granville Andre Jorge Bernard1, Brahma Edwin Barreto2, Rodney D’Silva3
1Ainsley Granville Andre Jorge Bernard, Assistant Professor, Department of Commerce, V.V.M’s Shree Damodar College of Commerce & Economics, College, Margao (Goa), India.
2Dr. Brahma Edwin Barreto, Associate Professor, Department of Commerce, V.V.M’s Shree Damodar College of Commerce & Economics, College, Margao (Goa), India.
3Dr. Rodney D’Silva, Associate Professor, Department of Management V.V.M’s Shree Damodar College of Commerce & Economics, College, Margao (Goa), India.
Manuscript received on 30 September 2019 | Revised Manuscript received on 12 November 2019 | Manuscript Published on 22 November 2019 | PP: 1471-1475 | Volume-8 Issue-6S3 September 2019 | Retrieval Number: F12620986S319/19©BEIESP | DOI: 10.35940/ijeat.F1262.0986S319
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© The Authors. Blue Eyes Intelligence Engineering and Sciences Publication (BEIESP). This is an open access article under the CC-BY-NC-ND license (http://creativecommons.org/licenses/by-nc-nd/4.0/)
Abstract: A fundamental role of the banking sector in India is observed with regards to the social as well as economic development of the country. Sustainable economic growth can be achieved only if a healthy and robust banking system exists within the country. The banking sector’s performance is a closer link to the economy than perchance that of other segments. After nationalization of banks in 1969, a remarkable level of prominence as well as expansion of nationalized and public sector banks were witnessed and today the banking sector in India is well regulated and adequately capitalized. In recent years, there has also been tremendous growth and expansion in private banks in India. The current research aims at mapping the performance and financial health of banks based on basic parameters like income, expenditure, profit, loans, deposits and interest. Ratio analysis is used to scrutinize performance of the banks considered for the purpose of this study. T-Test has been used to establish the existence of any noteworthy difference between financial ratios of the considered Indian private and public sector banks.
Keywords: Performance, Financial Ratios, Public Sector Banks, Private Sector Banks.
Scope of the Article: High Performance Computing