Performance of Indian Banks in the Recent Time using ANOVOA

Present study covers four bank group namely public sector banks (PSB), private sector banks (PRSB), foreign banks (FB), and urban cooperative banks (UCB) for seven years using time series annual data starting from 2010-11 to 2016-17. Further, ANOVA technique is used to prove the inequality of the ROA and ROE among the bank group. We also used Bertlett’s test for testing null hypothesis that group variance is equal. The test results point out that variance is not equal in the present study. Hence it is confirmed that ROA of different group banks are not the same. Same way, we also checked the differentness of the profitability ratio that is ROE of these four group banks. Result shows that ROE of the four group banks are not same. We compared the public sector banks with urban sector banks (UCBs) for knowing the differentness in profitability ratios i.e. ROA and ROE. The results of the paired T test proves that urban cooperative banks are better in terms of ROA, On the contrary, the null hypothesis of mean difference of ROE is zero is accepted for Public sector banks and urban sector banks, this shows that there is no significant differences in ROE of both the group banks.