Online ISSN: 2515-8260

Financial performance analysis of banking sector in India

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1Dr. Divyang Joshi, 2Mr. Samir Thakkar, 3Ravina Machhi, 4Devyesh Chauhan

Abstract

The banking industry is important to a country's economic growth. With a large network of branches and a diverse range of financial services, India's banking system is large. The aim of this research is to study the financial results of India's two largest private and two public banks. The financial performance of banks was analyzed using net profit, assets, liabilities, income, expense, margin ratio, and return on equity ratio. After evaluating financial data from 2015 to 2019, the study concluded that the private banks performed better than public banks. The results of this study will benefit bank, shareholders and customers, as well as bank management.

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