Profitability Analysis of Selected Public and Private Sector Banks in India

Abstract

The banking is one of the backbone industries of the country which is contributing significantly to the growth of the economy. In the globalised environment the introduction of new private banks and other factors made banking industry more competitive. So it is very essential to analyses the performance of the banks for improving their profitability by knowing where they are lacking. The financial variables only decide the wealth of the banking sector. In this present study 26 financial variables were selected and their ups and downs during the study period is measured with the help of the balance sheet and the data available in RBI and suitable statistical tools are also applied to identify its impact on profitability.