A COMPARATIVE STUDY OF FINANCIAL PERFORMANCE OF TOP PUBLIC AND PRIVATE SECTOR BANKS OF INDIA

Abstract

The aim of this article is to make a comparative study of sound financial efficiency of the top Indian Banks in selected five Public and five Private sector and how financial ratios are affecting their performance and for the period of five years. The various financial metrics are used for comparison. Statistical variables like average, Sd, Min, Max and t-Test: Two-Sample Assuming Equal Variances used. The study concluded that Private Sector Banks performed better than the Public Sector Banks in all the financial metrics. In nutshell, from the two-sample independent t-test the ROCE (%), CASA (%), Net Profit Margin (%), ROA (%) Accepted H1 because there is a major difference between two banking sectors, with a p-value is less than 5%. For Cost to Income (%), and Interest Expenses/Total Assets (%) Accepted H0 because the p-value is higher than 5%.