Financial Parameters of Selected Nationalised Banks in India
S.Sumathy1, S.Venkatachalam2
1S. Sumathy, Research Scholar, Karpagam Academy of Higher Education, Coimbatore (TamilNadu), India.
2S. Venkatachalam, Associate Professor, Karpagam Academy of Higher Education, Coimbatore (TamilNadu), India.
Manuscript received on 04 May 2019 | Revised Manuscript received on 09 May 2019 | Manuscript Published on 13 May 2019 | PP: 63-70 | Volume-8 Issue-7S May 2019 | Retrieval Number: G10140587S19/19©BEIESP
Open Access | Editorial and Publishing Policies | Cite | Mendeley | Indexing and Abstracting
© 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: The core of the monetary position of a country is Banks. They are the backbone of a sound economy which helps the nation as a whole in the growth path. After globalisation, many foreign and private sector banks have been set up in India and it has given rise to a tough competition among public sector, private sector and foreign banks. So, it is vital to analyse the performance of the banks, which may throw light on their strengths and weaknesses relating to an overall improvement. In this study, the performance is analysed using ratios like Profitability Ratio, Management Efficiency Ratio, Debt Coverage Ratio and Balance Sheet Ratio. The top five Nationalised banks (based on their Market Capitalisation in June 2018) have been selected for the study. They are Bank of Baroda, IDBI Bank, Punjab National bank, Central Bank of India and Canara Bank. The study has been done for a term of five fiscal years from 2013-14 to 2017-18. For this purpose, secondary data have been sourced from RBI and the individual banks’ annual reports and statistical tools like Mean and ANOVA used.
Keywords: Profitability, Nationalised Banks, Coefficient of variation, ANOVA.
Scope of the Article: Industrial, Financial and Scientific Applications of All Kinds