A STUDY OF FINANCIAL PERFORMANCE: A COMPARATIVE ANALYSIS OF STATE BANK OF INDIA AND ICICI BANK
Keywords:
ICICI, SBI, Profitability Ratios, Financial PerformanceAbstract
Exponential growth and development of a country’s public and private sector banks are the major contributors towards the socio-economic development of a country. The major difference between the two sector banks is of their approach towards their contribution to growth. State bank of India (SBI) and Industrial Credit and Investment Corporation of India (ICICI) are the two leading banks of India in the public and private sector. A country’s financial system is reflected by the efficiency in the financial operations of its commercial banks. This study sets out to apply various profitability ratios of the SBI and ICICI Bank so as to compare and analyze their financial performance. The study analyzes and reflects a difference of performance in the working of SBI and ICICI Banks. Data used for the study is secondary in nature. On the basis of the study, it can be said that SBI has large scale based operations than ICICI Banks.
References
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