To study the Financial Performance of top five privatized Banks in India With special reference to( HDFC, AXIS, ICICI, KMB, IndusInd Bank)
Journal of Contemporary Issues in Business and Government,
2021, Volume 27, Issue 6, Pages 1102-1112
10.47750/cibg.2021.27.06.092
Abstract
India from 2016 to 2021. The goal is also to investigate the profitability of these selected banksduring covid-19.
Approach/Methodology/Design: The study sample consisted of five private banks. The study
used statistical tools such as the Minimum and Maximum Net Profit Ratio, Descriptive Statistics,
and the One-Way ANOVA test to evaluate bank performance. The study spans the years 2016-
17 to 2020-21 and it is entirely based on secondary data.
Findings: The study's findings demonstrate that the Net Profit of the selected banks differs
significantly. Due to the significant profit earned and the efficient management that is applied,
HDFC Bank's &Kotak Mahindra Bank financial performance is consistently good. Because to
governance concerns, misleading guarantee to consumers, non-serious investors, no market-led
resurgence in sight, outflow of liquidity, and non-disclosure practices, the results show that
INDUSIND Bank's financial position is deteriorating. Axis Bank and INDUSIND Bank are
gradually losing market share.
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