An analytical study of profitabilit of selected private sector banks: Listed on NSE
Sagarkumar Bhikhalal Thakkar, Ashvinkumar Solanki
In India banking sector considered as backbone of Indian economy. After demonetization, use of banking services has been increased by citizen of India due to that there is a need to analyze profitability performance of private sector banks in India. In this study four private sector banks has been selected out of listed private sector banks on National Stock Exchange, named as HDFC bank, ICICI bank, KOTAK bank and Axis bank on the basis of Market Capitalization on 1st September 2021. For the study secondary data have been collected from the annual financial reports, bank’s website, news papers and various stock exchange websites. For the identification of the profitability performance researcher used seven profitability ratios like Net Interest Margin Ratio, Net Profit Margin Raito, Operating Profit Margin Ratio, Return on Capital Employed Ratio, Return on Assets, Return on Equity and Capital Adequacy Ratio for the study period of 2016-17 to 2020-21. For the study ratio analysis used as accounting tool and One Way Anova used as statistical tool. Major findings of the study are, profitability performance of KOTAK bank and HDFC bank are good as compared to ICICI bank and Axis bank.
Sagarkumar Bhikhalal Thakkar, Ashvinkumar Solanki. An analytical study of profitabilit of selected private sector banks: Listed on NSE. International Journal of Commerce and Management Research, Volume 7, Issue 5, 2021, Pages 15-18