An Empirical Study on the Performance of Private Sector Banks during 2014–2016

Banking sector plays an important role in economic development of a country. The banking system of India is featured by a large network of bank branches and financial services. Today, banking sector is a leading player in Indian economy. Among banking sector private sector banking is always a competitor for public sector banks. This study will throw light on performance of top nine private sector banks, nifty and nifty bank. The research will be analyzed the data for the period of two years from Apr 2014 to Mar 2016. A comparative study was carried out between the private sector banks, nifty and nifty bank by using correlation coefficient. This research is based on secondary data and the results prove that there is a relation between private sector banks, nifty and nifty bank. Investors are suggested to trade on nifty bank which is directly related to the performance of the private sector banks.