An Analysis of Profitability of Selected Public Sector Banks

Authors

  • Dr. Sajan Khatri  Assistant Professor, Government Girls College, Datia, Madhya Pradesh, India
  • Dr. Mansi Kukreja  Faculty of Management, IPS Academy, IBMR, Indore, Madhya Pradesh, India
  • Dr. Shailesh Singh Thakur  Faculty of Management, IPS Academy, IBMR, Indore, Madhya Pradesh, India

DOI:

https://doi.org/10.32628/IJSRST218399

Keywords:

National Stock Exchange (NSE), NIFTY PSU Bank Index, ANOVA, Profitability Ratios.

Abstract

The purpose of this paper is to determine and compare financial performance of banks based on banks’ profitability ratios. The objective is to rank a sample of 12 banks which comprise the National Stock Index’s PSU Bank Nifty index for a period of five years from 2015 to 2019. The study uses ANOVA analysis to compare various banks based on their profitability ratios.Based on ANOVA analysis the study tests various hypothesis regarding significance of difference in profitability ratios of the sample banks. The study reveals that for the period the banks have heterogeneous performance indicators although the population group is homogeneous during sample selection. The conclusions part also discusses importance of well-functioning public sector banks in India.

References

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International Journal of Scientific Research in Science and Technology

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Published

2021-03-30

Issue

Volume 8, Issue 2, March-April-2021

Section

Research Articles

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This work is licensed under a Creative Commons Attribution 4.0 International License.

How to Cite

[1]
Dr. Sajan Khatri, Dr. Mansi Kukreja, Dr. Shailesh Singh Thakur "An Analysis of Profitability of Selected Public Sector Banks " International Journal of Scientific Research in Science and Technology(IJSRST), Online ISSN : 2395-602X, Print ISSN : 2395-6011,Volume 8, Issue 2, pp.668-675, March-April-2021. Available at doi : https://doi.org/10.32628/IJSRST218399