FINANCIAL PERFORMANCE OF BANKS IN INDIA - A COMPARATIVE ANALYSIS BETWEEN PUBLIC AND PRIVATE SECTOR BANKS

Financial performance refers to the overall financial health of the business. All businesses take financial assets, which come in many forms, and use them to support business activity, which generates revenue and ultimately, profits. The main objective of this paper is to study the financial performance of public and private sector banks in India. In this purpose the study used secondary data of public and private sector banks for a period of five years i.e. from 2019-20 to 2023-24. To compare the financial performance by using selective parameters namely on return on assets ratios, total income to total assets, operating profit to total assets, net interest, income to total assets and non-interest income to total assets. As per the study, total income, net interest income and operating profit of selected public sector banks are performing better than private sector banks. On the other hand, net profit and return on assets of private sector bank is higher than public sector banks. There is no significant difference between the net profits of selected public sector and private sector banks. However, the private sector banks are more constant than public sector banks.