Open AccessComparison of Selected Public Sector Banks in Different Aspects by using CAGR Method
Publication year - 2020
Publication title -
international journal of recent technology and engineering
Language(s) - English
Resource type - Journals
ISSN - 2277-3878
DOI - 10.35940/ijrte.b1014.0982s1219
Subject(s) - balance sheet , earnings before interest and taxes , income statement , business , profit (economics) , competition (biology) , public sector , market share , finance , net interest income , share capital , net profit , operating expense , interest rate , financial system , economics , economy , ecology , corporate governance , biology , microeconomics , shareholder
Banking sector has a vital role in Indian economyand a great change came in it after nationalization. Nationwide,there are a number of branches of banks and financialinstitutions have opened. Presently banking sector is facing ahigh level competition. Banks or financial Institutions whichhave maximum profit are showing maximum growth rate. Byoptimization of the resources of banks, cost becomes minimumand profit becomes maximum. This manuscript is an effort tomake a comparative study between SBI, PNB and OBC for totalincome, expenses, net profit, share capital, operating expenses,share holder funds, total reserves, earning per share, totalliabilities, total assets and total investments from 2014-19. Yearover Year (YOY) and Compound annual growth rate (CAGR)analytical methods are used. The main parameter of this studybelongs to P&L and Balance-Sheet statement of the selectedbanks. This research paper will be very fruitful for banks,research scholars, investors (public), and society to understandabout the above given parameters.