A STUDY ON FUNDAMENTAL ANALYSIS OF BANKING SECTOR (WITH SPECIAL REFERENCE TO PUBLIC SECTOR BANKS)

The study consist of fundamental analysis so it focuses on the overall state of the economy, and considers factors including interest rates, production, earnings, employment, GDP, housing, manufacturing and management. When analyzing a stock, futures contract, or currency using fundamental analysis there are two basic approaches one can use: bottom up analysis and top down analysis. So the researcher gives the problem as A study on fundamental analysis of banking sector with special reference to public sector banks. The main objective is to study the fundamental analysis of three banks which Punjab National Bank (PNB), Bank of Baroda (BOB) and State Bank of India (SBI). To evaluates the price to earnings, price to growth, and dividend ratios, and finally the comparative study between the selected public banks. The researcher used the secondary data from the annual report of selected banks. The data are analyzed and its findings, suggestions and it also concluded that the all the three banks which is Punjab National Bank (PNB), Bank of Baroda (BOB) and State Bank of India (SBI) are financial sound and good in their performance.