A COMPARATIVE STUDY OF THE SELECTED TOP INDIAN PUBLIC AND PRIVATE BANKS
Journal: International Journal of Management (IJM) (Vol.11, No. 10)Publication Date: 2020-10-31
Authors : Nikhil Kumar Rai;
Page : 636-644
Keywords : HDFC Bank; ICICI Bank; AXIS bank; SBI bank; IDBI bank; PNB bank; mean; standard deviation; public sector banks; private sector bank;
Abstract
This paper is written for the purpose of comparing the difference between private and public banks by taking top Indian Public and private banks and using certain parameters which are very valuable for a bank. We know the banking sector is any country is the backbone of the economy. But in the case of country like India it's the soul. Just because the nature of Indian population and the economic condition they heavily depend on banks to boast the economic activities. In this study top 3 banks from both public and private sectors where taken as they are leaders in the banking industry in terms of reach and data was extracted from the annual report from 2016 to 2020. Statistical techniques where used to interpret the data. This study revealed even with the vast difference in resources how private banks are performing way better then public banks. The study has done proper literature gap review and explored the area which was not done before. This will very helpful for managers and researchers to take a look at the whole sector as one and see and find out what fundamentally can be done further in this area
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