International Journal of Commerce and Management Research

Authors
Dr. Ajaz Ahmad Mir

Abstract
Banks play an active role in the economic development of a country. Their ability to make positive contribution in igniting the process of growth depends on the effective banking system. Financial analysis is done to identify the financial strengths and weaknesses of the two banks by properly establishing relationship between the items of Balance Sheet and Profit & Loss Account. It helps in better understanding of banks financial position, growth and performance by analyzing the financial statements with various tools and evaluating the relationship between various elements of financial statements. The present research paper is aimed to analyze and compare the Financial Performance of HDFC and ICICI Bank and offer suggestions for the improvement of efficiency in select banks. For the purpose of analysis of comparative financial performance of the select banks, an attempt is made to critically examine the financial performance of the banks using various accounting and statistical techniques to arrive at conclusion.