A comparative study on the performances of public & private sector banks in India

Banking sector is considered an important segment of a modern economy; its efficiency is of vital importance. In order to ensure healthy financial system and an efficient economy, the performance of banks must be carefully evaluated and analysed. Bank works in dynamic environment which is affected by many uncontrollable factors. It is difficult to measure the financial performance of bank in the presence of these factors. Banks have to serve the economy through extension of advances and safeguard the interest of its investors by providing the expected return on their investment in bank. Therefore, the bank has to re-orient its strategies in the light of own strengths and the kind of market in which it operates. This study is an attempt made to evaluate and compare the financial performance of the public sector and private sector bank by using different parameters.