A Comparative Study on Performance Evaluation of Selected Public and Private Sector Bank in India

COMMERCE

Financial institutions contribute significantly to a nation's economic growth. Financial development and stability depend on a healthy banking system. In India, both the public sector and private sector banks contribute significantly to the ongoing effort to modernize the country's financial system. The advent of international private sector banks in India enhanced the competitiveness in Indian Banking Industry. Banks play a significant role in the financial markets and as a vital part of the monetary system overall. The growth of every economy depends on a reliable banking system that can pool people's savings and put them to good use. The purpose of the research is to assess and compare the overall financial performance of selected public and private sector banks in India. The Reserve Bank of India and the Ministry of Finance manage and control India's extensive and diversified financial institutions, which include both public and private banks. Since competition is strong and clients are more demanding, the Indian banking sector's efficiency and profitability have taken central stage. Financial performance of the largest public sector banks in India is the primary topic of this research.

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