Online ISSN: 2515-8260

Keywords : public banks

Financial performance analysis of banking sector in India

Dr. Divyang Joshi, Mr. Samir Thakkar, Ravina Machhi, Devyesh Chauhan

European Journal of Molecular & Clinical Medicine, 2021, Volume 8, Issue 3, Pages 3129-3136

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.