An Analysis of Financial Performance of Select Banking Industries in India

The banking sector plays a crucial role in a nation's economic development. India's banking system is extensive, with a wide array of financial services and a vast network of branches. The main objective of this research paper is to examine the financial performance of India's two biggest private banks and its two largest public banks i.e. State Bank of India (SBI), Punjab National Bank (PNB), Axis Bank, and ICICI Bank. The study found that private banks performed better than public banks after analyzing financial data from 2018 to 2023The study utilizes key financial indicators, including profitability ratios, asset quality, capital adequacy, and other relevant metrics, to assess the banks' performance over a specified period. By examining these indicators, the paper provides insights into the relative strengths and weaknesses of each bank, thus enabling stakeholders and researchers to make informed decisions and recommendations.