A Comparative Study on Profitability Analysis of Selected Indian Public Sector Banks

Profitability is the main intention of all business ventures. The financial strength of any business can be measured through its profitability and business organizations cannot carry on without profits. In view of the significance of getting better profitability of the banking sector in recent years, the present study is aimed at examining the profitability of public sector banks of India using four ratios as Return on Long Term ratio, Return on Assets ratio, Net profit Margin Ratio, Return on Net Worth. For this research researcher used ratio analysis and ANOVA tools. The result of the analysis carried out for the period 2014-2015 to 2018-2019 shows that private sector banks are in better profitable positions than the public sector banks.