A Comparative Study of Performance of District Co-Operative Bank Ltd. Pauri & Haridwar District

Abstract

In modern oriented economy, the banking sector plays a vital role for the economic development of a country. Traditionally the banks only provides depository services and worked as financial provider but presently as the scenario has been changed which lead to tremendous improvements in banking services and operations. The various services that banks provide are RTGS, EFT, NEFT, and ATM, Debit and Credit cards, free advisory services, online banking, and mobile banking. In the modern oriented economy, Efficiency and profit earning capacity of the banks in India has given primal importance due to technology changes, high competition, great customer demand and changing banking rules and regulation. The pressure of meeting these changes have compelled banks to change the old ways of doing business. This study mainly is an attempt to analyze the major factors that influence financial performance of both the banks District Co-operative Bank Pauri Garhwal & District Co-operative Bank Haridwar. This Attempt is made to evaluate the financial performance and financial stability of the both the banks through the financial data. Thus the study is based on annual reports of District Co-operative Bank Pauri Garhwal & District Co-operative Bank Haridwar. The results indicated that the District Co-operative Bank Pauri Garhwal & Co-operative Bank Ltd. Haridwar District are maintaining the equitable standards and earning the profits.