INDIAN PUBLIC SECTOR BANKS: PERFORMANCE STABILITY ANALYSIS

INDIAN PUBLIC SECTOR BANKS: PERFORMANCE STABILITY ANALYSIS

Dr.K.Abirami

Faculty, Department of Commerce

Avinashilingam Institute for Home Science and Higher Education for Women

Coimbatore.

ABSTRACT

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Indian financial system has been very eminently and strongly influenced by the banking industry in the country. The hasty spread of covid virus, repeated announcements of lockdown have pulled various sectors down in the business environment. This unfavourable business climate in the market made an intent to analysis the banking sector in the country. The study is an effort to look at the financial position of select Indian public banks on the application of bankometer model. The model has been functionally used to assess the financial distress of the select banks, namely, State Bank of India, Bank of Baroda, Canara Bank, Punjab National Bank and Indian Overseas Bank for the financial year 2021-2022.To examine the performance of the select banks, data have been collected from moneycontrol.com and annual reports of the select banks.
Key Words: Indian Public banks, financial distress, Bankometer.