A COMPARATIVE ANALYSIS OF FINANCIAL PERFORMANCE OF PUBLIC AND PRIVATE SECTOR BANKS WITH SPECIAL REFERENCE TO SBI AND IDFC FIRST BANK
DOI:
https://doi.org/10.29121/shodhkosh.v5.i5.2024.2992Keywords:
Financial Performance, Public Sector, Private Sector, Net Profit, Operating ProfitAbstract [English]
The present study aims at analyzing the efficiency among the Top two India's Best Banks. The main objective of this paper is to evaluate the financial performance of State Bank of India which is a public sector bank and IDFC First bank which is a private sector banks in India. This study has evaluated the various factors influencing the efficiency of the two banks using ratios and statistical tools. The study has used secondary data for period of five years from 2019-20 to 2023-24 to compare the financial performance by using selected parameters namely dividend per share, return on asset, total income, net profit, cash margin, credit deposit ratio, cash deposit ratio operating profit etc.. The study found that in respect of most of parameters the performance of IDFC first bank was better than SBI. There is no significant difference between the two banks in respect to net profits and Return on net worth
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Copyright (c) 2024 Dr. Smita Paul
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