Banking as a major part of the financial sector, is the life blood of the economy. It plays a decisive role in accelerating the rate of economic growth. The importance of commercial and private banks in the process of economic development has been stressed from time to time by the economic thinkers and progressive bankers in the country. Banks are the heart of our financial structure. Banks play a positive role in the economic development of a nation as depositories of community’s savings and as purveyors of credit. Indian banks have aided the economic development during the past more than seventy years in an effective way. The banking sector has shown remarkable responsiveness to the needs of planned economy. Performance appraisal of a bank is the value created for its stakeholders. Axis Bank is the third largest among private sector banks in India. It performing well and having significant growth in past five years which is confirmed by its financial parameters i.e., total assets, total advances, total deposits, operating revenue, net profit etc.

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Keywords: Performance Appraisal, Axis Bank, Total Advances, Operating Revenue, Net Profit.