A Financial Look on Major Private Sector Banks in Indian Scenario

Abstract

The banking system remains, as always, the most dominant segment of the financial sector. Indian banks continue to build on their strengths under the regulator's watchful eye and hence, have emerged stronger. The world of banking has assumed a new dimension at dawn of the 21^st century with the advent of tech banking, thereby lending the industry a stamp of universality. For the past three decades India's banking system has several outstanding achievements to its credit. The most striking is its extensive reach. It is no longer confined to only metropolitans or cosmopolitans in India. In fact, Indian banking system has reached even to the remote corners of the country. This is one of the main reasons of India's growth process. The present study is conducted analyze the consistency of the profitability of the major private sector bank. It is analyses that the ratio of interest income to total asset is maximum of Tamilnad Mercantile Bank Ltd i.e. 9.01%. It shows efficient management of the assets of the bank. The ratio of interest expended to total asset is minimum for H D F C Bank Ltd i.e. 3.62%. The ratio of burden to Total Assets is minimum for Axis Bank Ltd i.e. 0.15%.The ratio of Net profit to Total Assets is maximum for Karur Vysya Bank Ltd and Tamilnad Mercantile Bank Ltd i.e.1.45%.