Financial Analysis on Performance of Selected Banks In India

Abstract

India's banking sector has developed to become one of the most significant and dominating engines of economic growth in the country. Over the past 20 years, India's global expansion and financial market liberalisation have led to a revolution in the country's banking sector. At present, Indian banking is on the edge of an unprecedented disruption in its history. Any country's economic growth is complemented by its banking system's efficiency, since it contributes to the development of new capital, creation of funds, the creation of new forms of fund offerings, new working capital, the banking industry is essential to the functioning of the financial system. A bank's assessment of its performance and financial standing is essential to the development of the organisation and the national economy, benefiting not only the employees, investors, and depositors of the bank but also the whole nation in order to circulation of money and keeping check on inflation