Performance Evaluation of Selected Banking Companies in India: A Study

The success of economic growth of a country mainly depends on the effective performance of banks. Indian capital market is highly dependent on the growth and prosperity of banking sectors. Therefore, it is high time to evaluate the financial performance of Indian banking companies. In this backdrop, the present study seeks to examine the trends in the financial performances of 20 top banking companies, major players in the Indian money market, during the period 2001-02 to 2010-11. All the banking companies have been selected on the basis of their total income and balance sheet size. This study is to give a focus on the evaluation of comparative financial performance of the banking institutions in the selected public and private sector banks in India during the period 2001-02 to 2010-11. The role of banks in promoting the economic and social welfare for the betterment and advancement of the life of the community is well recognized.