Journal of Contemporary Issues in Business and Government

Abstract

India from 2016 to 2021. The goal is also to investigate the profitability of these selected banks
during 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.