A Study on Operational Efficiency of Banking Sector with special reference to Selected Private Sector Banks in India

Financial institutions particularly banks were considered as a backbone to the economy as well as financial system. The growth of banking sector plays a key role in the economical and social uplifting of the economy. Banks are acting as a channel to implement financial inclusion in the nation and reducing poverty. The economical development of the nation is largely associated with banking sector contribution. An efficient and sound banking system of nations has significant positive externalities, which increase the efficiency of financial transactions and extending financial support to the needy people. For the last couple of years the Indian banking sector banks are facing serious challenges in terms of raising non-performing assets, frauds, misuse of funds and competition with Financial Technology start-ups (Fin Tech). The purpose of this study is to assess the operational efficiency of the selected private sector banks based on the selected financial indicators. Hence these study constituting two year period commencing from 2016-17 to 2017-18.