An Empirical Study on Financial Performance Analysis of Selected Public Sector Banks in India

The banking Sector plays a vital role in the overall development and economic growth of the country. In India the banking sector is growing at a fast pace. The Present research paper examines the financial performance of selected public sector banks in India for the period of five years i.e from 2012-’13 to 2016-’17. This study is based on published secondary data of selected public sector banks viz. State Bank of India, Punjab National Bank, Indian Bank, Canara Bank & Vijaya Bank for period under study. The data collected is analysed using financial and statistical tools. During the study, it is found that financial performance of the banking companies is satisfactory. The companies short term solvency as well as long term solvency and profitability is also satisfactory.