Analysis of revenue, costs and profit: a study on consistency in performance of select public sector banks in India
Dr. Jegadeeshwaran M, Basuvaraj M
The public sector banks in India have dominated the financial system in mobilization of deposits and utilizing them for loans, advances and investments. This study analyzes the operating dimensions i.e. revenue, costs and profits of the ten public sector banks namely State Bank of India (SBI), Allahabad bank (ANB), Andhra Bank (ANB), Bank of Baroda (BOB), Bank of India (BOI), Canara Bank (CB), Corporation Bank (CORP), Indian Overseas Bank (IOB), Punjab National Bank (PNB), Syndicate Bank (SB) for the period from 2005- 2006 to 2014-2015.The present study is also to analyze the consistency in performance of the select banks with regard to their key operating dimensions and to award an overall rank matrix based on the growth rate of all banks secured for each operating dimensions. The consistency in performance is assessed with the help of overall rank matrix. The study concludes that bank of India, bank of baroda, Andhra banks has emerged as the most consistent overall performer in respect of all operating dimensions whereas State bank of India, India overseas bank and canara bank has exhibited the inconsistency in its overall performance during the study period.