The Effect of Demonetization on Banking Sector: A comparative study of Public and Private Sector Bank

This study about the effect of demonetization on banking sector. Paper tried to explore the positive and negative effect of demonetization. Study is based on the data available for two banks; one is Axis Bank, which is private and other is State Bank of India which is public bank. Analysis is done on the basics of percentage in the various parameters by taking March as a base month. It is observed that the analytical ratios where SBI shows decreasing result as we compared to Axis bank. After demonetization its ratio margin is declining. Whereas in axis bank shows much affect it shown increased in their profit margin. so we conclude that effect of demonetization is on both sector as it is a private sector or public sector both have effected after demonetization.