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An Analysis on the Performance of Private and Public Sector Banks in India

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An Analysis on the Performance of Private and Public Sector Banks in India International Journal For Technological Research In Engineering Volume 3, Issue 4, December-2015 ISSN (Online): 2347 - 4718 AN ANALYSIS ON THE PERFORMANCE OF PRIVATE AND PUBLIC SECTOR BANKS IN INDIA Vidisha Shah Research Scholar, Pacific Academy of Higher Education & Research University, Udaipur, India. Abstract: Banks are backbone of any economy. With the 8. Bank of Mysore were set up In 1921. debut of multinational private sector banks, banking sector 9. All presidency banks were amalgamated to Imperial is facing stiff competition and Public sector banks are Bank of India which was run by European facing stiff challenges from the private sector banks and are Shareholders. under tremendous pressure to cope up with the facilities 10. Reserve bank of Indi was established in April in provided by the multinational banks. The article discusses 1935. about the comparative analysis on performance of new 11. The Imperial Bank of India was nationalized and private sector banks and the public sector banks of India was given the name ―State bank of India‖ in 1955. during the period 2011-2015 on many key parameters such 12. The General Banks of India is the first bank in India as the P/E Ratio, Dividend Payout ratio, Return on equity was established in the year 1786. ratio, Capital adequacy ratio, Credit deposit ratio. The 13. The bank of Bengal established by The East India above period is chosen since it is very important to know Company in 1809 The bank of Bombay in 1840 and how different banks performed during the recession and The bank of Madras in 1843. These three banks are inflation duration. We have done a field study taking called presidency Banks. ICICI bank as private sector bank and SBI Bank as public 14. Bank of Hindustan was established in 1870. sector bankto better understand the above argument. 15. The bank completely run by the Indians was KEY WORDS: private sector bank, public sector bank, Allahabad bank established in 1865. performance indicators. 16. Punjab national bank is the head quarter at lahor which established in 1894. I. INTRODUCTION 17. Between 1906 and 1913, Bank of India, Central The bank plays an important role in the economic Bank of India, Bank of Baroda, Canara Bank, development of any country. Finance is life blood of any Indian Bank, and Bank of Mysore were set up In industry. DifferentCounty’seconomy can developed through 1921. development of banks. India is the top 5 fastest growing 18. 16. All presidency banks were amalgamated to economic county in the world. Whole of the world is looking Imperial Bank of India which was run by European towards India as prospective dominant player in the world's Shareholders. markets. The banks today have touched with every person. 19. Reserve bank of Indi was established in April in Whether the person wants to keep his money at midnight, to 1935. book the tickets for rail or air journey, to pay insurance 20. The Imperial Bank of India was nationalized and premium, telephone bills, electricity bills; to purchase or sale was given the name ―State bank of India‖ in 1955. of any securities from capital market, to take loan for 21. The General Banks of India is the first bank in India business, for education, for house, everywhere the bank is was established in the year 1786. present. 22. The bank of Bengal established by The East India Company in 1809. The bank of Bombay in 1840 History of Indian Banking System and The bank of Madras in 1843. These three banks 1. The General Banks of India is the first bank in India are called presidency Banks. was established in the year 1786. 23. Bank of Hindustan was established in 1870. 2. The bank of Bengal established by The East India 24. The bank completely run by the Indians was Company in 1809. The bank of Bombay in 1840 and Allahabad bank established in 1865. The bank of Madras in 1843. These three banks are 25. Punjab national bank is the head quarter at lahor called presidency Banks. which established in 1894. 3. Bank of Hindustan was established in 1870. 26. Between 1906 and 1913, Bank of India, Central 4. The bank completely run by the Indians was Bank of India, Bank of Baroda, Canara Bank, Allahabad bank established in 1865. Indian Bank, and Bank of Mysore were set up In 5. Punjab national bank is the head quarter at lahor 1921. which established in 1894. 27. All presidency banks were amalgamated to Imperial 6. Between 1906 and 1913, Bank of India, Central Bank of India which was run by European Bank of India, Shareholders. 7. Bank of Baroda, Canara Bank, Indian Bank, and 28. Reserve bank of Indi was established in April in www.ijtre.com Copyright 2015.All rights reserved. 574 International Journal For Technological Research In Engineering Volume 3, Issue 4, December-2015 ISSN (Online): 2347 - 4718 1935. SBI General Insurance 29. The Imperial Bank of India was nationalized and was given the name ―State bank of India‖ in 1955. Conception of Private sector The private- sector banks in India are made of both private Conception of Public sector banks and public sector banks. The greater part of private Public sector banks are governed by government. The sector bank banks are held by private shareholders not by majority stake is held by government. The Central government. Indian banking system was dominated by Government entered the banking businesswith the emergence Public sector banks since 1969.in this phase major private of bank of Calcutta which renamed the bank of Bengal in banks were nationalized by Indian government. Old and 1806.old commercial banks merge with madras, imperial private sector banks have re-emerged in 1990s.during the bank of India which becomes state bank of India in 1955. A period of liberalization these banks were grown faster using 60% stake was taken by the Reserve Bank of India and the the latest technology, and tools-techniques. Through the new bank was named as the India. The total deposits in the private word customers believe that the services provided by banks nationalized in 1969 amounted to 50cr. This move them are more personal basis than Public banks. increased the presence of nationalized banks in India, with Services include: protecting and growing assets in the 84% of the total branches coming under government control. present, providing specialized financing solutions, planning There are 27 public sector banks in India. Out which 19 were retirement and passing wealth on to future generations. nationalised banks, 6 state bank groups 1 IDBI and 1bhartiya Financial regulators of India divide the private sector banks mahila bank. Commercial banks started with the emergence into two different groups. Oldprivate sector banks and of bank of Calcutta which renamed the bank of Bengal in newprivate sector banks. ICICI Bank is a multinational bank 1806.old commercial banks merge with madras, imperial and financial services company. ICICI bank was established bank of India which becomes state bank of India in in 1994 .they provide financing to Indian industry. An 1955.today state bank of India enjoys privilege position as an initially the bank is known as the industrial Credit an agent of RBI.SBI has largest network in all over the world. Investment Corporation of India Bank, be66fore it. at present SBI has 48 overseas offices in 28 countries. SBI forms 400 this bank is known as ICICI bank. It provides a large number branches in the rural area and provide banking facilities to of banking products and financial services to corporate and them in the duration of 1951 to 1955. Nationalized banks retail customers. ICICI bank has 3845 branches and 12012 increase up to 19 during the 1993 with merger of ―New ATM in all over country. In the present time this bank is the bank of India‖ and ―Punjab National Bank‖. In June 1969 second largest bank of India. ICICI Bank introduced internet branches of public sector banks was increased and reached up banking operation in 1998. to 6669, in March 1990 it was reached 41847. Public sector banks enjoy predominant position in the Indian banking Objectives of Banks industry. 20% market share of State Bank of India in deposit All the banks are established to achieve the common and loans among Indian commercial banks. Also provide objectives as well as specific objectives. The common financial services in the foreign country. SBI has 16000 objectives of banks are as follows: branches including 190 foreign offices which is spread over Promoting the saving habits 34 countries. Through this SBI became largest banking and Providing funds to business for economic growth of financial services company in India by assets. In the financial country. year 2012-13, its revenue was INR 200,560 Corers where in Development of basic industries of large and small domestic operations contributed to 95.35% of revenue, also, industries, consumer industries. domestic operations contributed to 88.37% of total profits. Earning sufficient profit. SBI has associated banks as well as non-banking institutions. They are as follows: SBI has five associate banks: II. LITERATURE OF REVIEWS State Bank of Bikaner & Jaipur The previous researches are useful for any present research. State Bank of Hyderabad On the basis of previous research you can find the Gap State Bank of Mysore between them. The research was aim to compare the State Bank of Patiala performances of public sector bank and private sector bank. State Bank of Travancore It is absolutely necessary for a researcher to review the SBI hasthe non-banking subsidiaries: existing literature. by doing this may put greater emphasis on SBI Capital Markets Ltd those aspects of research problem which have not been duly SBI Funds Management Pvt Ltd covered by earlier researchers.
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