Standard Chartered Bank, ICICI and SBI-A Comparative Analysis in Post Reforms Scenario

There is no other view in the fact that banks are to economies what blood is to human beings. So a sound banking system has enormous importance to support an economy. A sound banking system depends upon the performance of banks. Financial performance plays an important role in the bank performance. In this context this paper tells the financial soundness of three top performers of Indian banking sector. The present research aims at comparison of financial soundness among SBI, ICICI and Standard Chartered Bank. Secondary data is used for the study. This topic includes data of last three financial years i.e., 20010-11 to 2012–13. Different analytical techniques such as tables and ratios are used to analyze data. The study reveals that growth of assets is highest in case of ICICI bank where as SBI leads the sample in case of growth of both advances and deposits. ICICI bank leads in case of credit deposit ratio and interest income to total income ratio. Standard Chartered Bank has been more successful in controlling its Expenditure in relation to Income as compared to other two banks. Standard Chartered Bank is far ahead the other two banks as per business per employee and business per office is concerned. This study recommends that the state owned SBI must take all the necessary steps immediately in order to improve its financial position as compared to the other two banks in study.