COMPARATIVE PERFORMANCE ANALYSIS OF PUBLIC, PRIVATE AND FOREIGN BANKS IN INDIA

A Bank is an establishment that has banking and other financial services to their customers. A bank is usually understood as an establishment which provides fundamental banking services like accepting deposits and providing loans. All the banks safeguard the money and valuables and supply loans, credit, and payment services, like checking accounts, money orders, and cashier’s cheques. The banks also offer investment and insurance products. As a spread of models for cooperation and integration among finance industries have emerged, a number of the normal distinctions between banks, insurance companies, and securities firms have diminished. Profitability Analysis and performance of banking sector in India has assumed primal importance because of intense competition, greater customer demands and changing banking reforms. Since competition can't be observed directly, various indirect measures in the variety of simple indicators or complex models are devised and used both in theory and in practice. This study attempts to live the relative performance of banks working in India for this study, we have used public sector banks and Private sector banks and foreign banks. We all know that in the service sector, it's difficult to quantify the output because it's intangible. Hence different proxy indicators are used for measuring Profitability and Performance of banking sector. Segmentation of the banking sector in India is selecting on the idea of nature of ownership, i.e. public sector, private sector and foreign sector banks working in India. So, it's very necessary to look at the performance of selected banks on the premise various selected parameters, so an estimate are often made about the progress of that bank group. So this study is a trial during this area.

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Keywords: Performance, Banking, Demand, Indicators, Progress, Reforms, Competition, Profitability.

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