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Performance Evaluation of Selected Public and Private Sector Banks in India

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Performance Evaluation of Selected Public and Private Sector Banks in India Mukesh k. Purohit et al. [Subject: Commerce/Account] [I.F. 5.761] Vol. 6, Issue: 9, September: 2018 International Journal of Research in Humanities & Soc. Sciences ISSN:(P) 2347-5404 ISSN:(O)2320 771X Performance Evaluation of Selected Public and Private Sector Banks in India MUKESH K. ROHIT DR. SANJAY SHINDE Assistant Professor, Assistant Professor, Smt. G.N. Pandya Com., & Sci., College, Bhestan, Surat. Arts and Commerce College, Sarbhan, Bharuch. Abstract: Banks are playing an important role in the economic development and growth of every nation. They have control over a large part of the supply of money in circulation. A bank is a financial intermediary that accepts deposits and channels those deposits into lending activities. Banks are a fundamental component of the financial system, and are also active players in financial markets. Financial performance refers to the achievement of the bank in terms of profitability. The profitability of a bank denotes the efficiency with which a bank deploys its total resources to optimize its net profits and thus serve as an index to the degree of asset utilization and managerial effectiveness. In this paper try to see the performance evaluation of the selected public sector and private sector banks with the ratio analysis. They are grouped as follows ratio analysis. For this study five public sector banks and private sector banks are selected. This paper divided into five parts section-1 introduction, section-2 review of literature, section-3 research methodology, section-4 data analyses, and saction-5 conclusion and suggestion. The Indian banking system faces several difficult challenges. The selected public and private sector banks have performed well on the sources of growth rate and financial efficiency during the study period. Keywords: efficiency, profitability, performance. 1. Introduction A bank which are working and managing finance related activities in the right way those bank be best but they cannot be good, but also one with an obligation of helping in every possible manner to improve the economic conditions of the common people. A bank is a financial intermediary that accepts deposits and channels those deposits into lending activities. Banks are a basic ingredient of the financial system, and are also active role in financial markets. The basically role of a bank is to connect with everyone who have capital, with those who seek capital. The Banks are playing an important role in the economic developing and growing of every nation. They have control over a large part of the supply of money in circulation. Through their influence over the volume of bank money, they can influence in nature and character of production in any country. Economic development is a dynamic and continuous process. Banks are the main stay of economic progress of a country, because the economic development highly depends upon the extent of mobilization of resources and investment and on the operational efficiency of the various segments of the economy. 2. Review of literature Dr. Seema Mishra Upadhyay (2016), in her study take two largest public sector banks and two largest private sector banks largest in terms of total assets Enhancing efficiency and performance of banks is a key objective of economic reforms in many countries including India during the period 2011-12 to 2014-15. This study attempts to measure the relative performance of Indian banks. Ch. Balaji (2016), the title of this article is “A Comparative Study on Financial Performance of Selected Public & Private Sector Banks in India” in this article analyzed and compared overall financial performance for the period of five years 2011-12 to 2015-16. In this study total income, net interest income, net profit, 47 Online & Print International, Refereed, Impact factor & Indexed Monthly Journal www.raijmr.com RET Academy for International Journals of Multidisciplinary Research (RAIJMR) Mukesh k. Purohit et al. [Subject: Commerce/Account] [I.F. 5.761] Vol. 6, Issue: 9, September: 2018 International Journal of Research in Humanities & Soc. Sciences ISSN:(P) 2347-5404 ISSN:(O)2320 771X operating profit, and return on assets compared of selected public sector banks and selected private sector bank for the during period by use of graph. Maj Syed Mohd Mustafa (2017), in this article analysis on the financial performance evaluation of Punjab National Bank. The present study is conducted for the period of five years ranging from 2011- 12 to 201516. In this article studied the performance and analyses by use of ratios like Advances to Assets Ratio, Capital to Deposits Ratio, Credit Deposit Ratio, Return on Total Asset, Return on Net worth, Net Profit Margin. 3. Research Methodology 3.1 Introduction The core concept underlying research is its methodology. The methodology controls the study, dictates the acquisition of the data, and arranges them in logical relationships, sets up a means of refining the raw data, contrives an approach so that the meanings that lie below the surface of those data become manifest, and finally issue a conclusion or series of conclusions that lead to an expansion of knowledge. The entire process is a unified effort as well as an appreciation of its component parts. According to J.W.B. est, “Research is considered to be formal, systematic, intensive process of carrying on the scientific method of analysis. It involves a more systematic structure of investigation usually resulting in some sort of formal record of procedures and report of result or conclusions.” According to P.M.Cook, “Research is an honest, exhaustive, intelligent searching for facts and their meanings or implications with reference to a given problem. It is the process of arriving at dependable solutions to problem through planned and systematic collection, analysis and interpretation of data. The best research is that which is reliable, verifiable and exhaustive so that it provides information in which we have confidence.” 3.2 Problem Statement The problem statement studied is entitled, “The performance evaluation of selected public and private sector banks in India”. The present study focuses on the analysis of the performance of selected public sector banks and selected private sector banks India with the help of ratio 3.3 Objectives of the Study To understand the concept and mechanism of bank. To analyze the financial position of selected public sector and private sector banks in India. To offer suggestions for improving the performance of the public sector and private sector banks in India. 3.4 Ratio Formula Cash (1) Cash to Deposit Ratio = Deposits Advances (2) Advances to Deposit Ratio = Deposit Investment (3) Investment to Deposit Ratio = Deposit (Advances + Investment) (4) (Advances + Investment) to Deposit Ratio= Deposit Deposit (5) Ratio of Deposit to Total Liabilities = Total Liabilities Term Deposit (6) Ratio of Term Deposit to Total Deposits = Total Deposits 48 Online & Print International, Refereed, Impact factor & Indexed Monthly Journal www.raijmr.com RET Academy for International Journals of Multidisciplinary Research (RAIJMR) Mukesh k. Purohit et al. [Subject: Commerce/Account] [I.F. 5.761] Vol. 6, Issue: 9, September: 2018 International Journal of Research in Humanities & Soc. Sciences ISSN:(P) 2347-5404 ISSN:(O)2320 771X Priority Sector Advances (7) Ratio of Priority Sector Advances = Total Advances to Total Advances Term Loan (8) Ratio of Term Loan to Total Advances = Total Advances Secured Advances (9) Ratio of Secured Advances to Total Advances = Total Advances Interest Income (10) Ratio of Interest Income to Total Assets = Total Assets 3.5 Scope of the Study This study is undertaken to measure the financial performance of selected public sector banks and private sector banks. The study will provide details about the different ratios analyses of selected public and private sector banks. It is hoped that the result of this study will propose policy measures for the better performance of selected public and private sector banks in order to achieve the financial goals along with customer satisfaction. 3.6 Limitation of the Study The present research work is undertaken to maximize objectivity and minimize the errors. However, there are certain limitations of the study, which are to be taken in to consideration for the present research work. The study is based on the analysis of the five years data only. The study fully depends on financial data collected from the published financial statements of banks. This study incorporates all the limitations that are inherent in the financial statements. The data for analysis is basically derived from financial statements. They are not adjusted for inflation. 4. Data Analyses TABLE: 1. Cash to Deposit Ratio of Public Sector Banks Name of Banks 2012-13 2013-14 2014-15 2015-16 2016-17 State Bank of India 5.47 6.09 7.35 7.49 6.26 Bank of Baroda 2.84 3.27 3.64 3.78 3.79 Dena Bank 8.89 5.67 7.84 4.55 5.28 Punjab National Bank 4.57 4.93 4.83 4.79 4.05 Corporation Bank 5.33 7.10 5.09 4.92 7.93 TABLE: 2. Cash to Deposit Ratio of Private Sector Banks Name of Banks 2012-13 2013-14 2014-15 2015-16 2016-17 Axis Bank 5.86 6.07 6.15 6.25 7.45 HDFC Bank 4.94 6.90 6.10 5.50 5.89 ICICI Bank 6.51 6.57 7.10 6.43 6.47 Yes Bank 4.99 6.12 5.75 5.17 4.87 Kotak Mahindra Bank 4.33 4.99 5.25 4.98 4.76 Observation The above table shows that the cash deposit ratio, in the year 2012-13 higher ratio of Dena Bank is 8.89 percent and lower ratio of Bank of Baroda is 2.84 percent. In the year 2013-14 higher ratio of Corporation Bank is 7.10 percent and lower ratio of 3.27 percent.
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