International Journal of Applied Research
Vol. 2, Issue 5, Part J (2016)
A comparative study of selected public, private and foreign banks in India
Seyed Mehdi pourkiaei, Dr. S Mahendra Kumar
The banking sector is considered to be an important source of financing for most businesses. They play a very important role in the effort to attain stable prices, high level of employment and sound economic growth. They make funds available to meet the needs of individuals, businesses and the government. Banking system occupies an important place in a nation’s economy and is indispensable in a modern society. The overwhelming role of finance in the economic development of a country is well recognized and forms the core of the money market in economy. In this backdrop an attempt has been undertaken in this paper to examine the comparative performance of selected public, private and foreign banks in India during the period 2003-04 to 2013-14 under the different parameters. For this purpose nine leading Indian banks from each of the public, private and foreign banks have been taken into consideration. The findings of this paper revealed that in terms of different ratio selected for measuring the bank’s performance foreign banks are performing better as compare to public and private banks.
How to cite this article:
Seyed Mehdi pourkiaei, Dr. S Mahendra Kumar. A comparative study of selected public, private and foreign banks in India. Int J Appl Res 2016;2(5):643-649.