Profit analysis of scheduled commercial banks in India

Financial sector is the backbone of any developing or developed economy. The growth of the economy depends largely on the growth patterns of the financial sector. IF the banks do well, then the economy will develop at a much faster pace. So it is necessary to timely evaluate the performance of banks and banking groups. In the present study intra and interbank comparison is done. Five banks from each of the four bank groups are selected on the basis of their net profits in the past five years and their performance is evaluated on the basis of six parameters namely business per employee, profit per employee, total expenditure, total income, net profits and total assets. The results reveal that New Private Sector Banks are doing much better on almost all the parameters and as far as the individual performance of banks is concerned, YES Bank establishes its supremacy over all the banks of every bank group.