International Journal of Applied Research
Vol. 4, Issue 3, Part F (2018)
Financial soundness of Indian banking industry: bankometer analysis
Dr. K Abirami
Financial soundness plays a major role in creating an image for a business, which helps the stakeholders to assess the performance of the concern. Soundness of a business has a great impact on the owners' return. It is imperative that business owners concentrate more on financial soundness as the market is more competitive. The study is an attempt to analyse the soundness of select public sector and private sector banks in India for a period of ten years (2005-06 to 2014-15). Secondary data are collected from Capitaline Plus Database and annual reports of the banks. Bankometer test has been applied to analyse the solvency status of the banks to avoid the bankruptcy in the dynamic business environment.
How to cite this article:
Dr. K Abirami. Financial soundness of Indian banking industry: bankometer analysis. International Journal of Applied Research. 2018; 4(3): 357-362.