Comparative Analysis of Indian Banks' Performance
Research paper – Poonam Dhunna (Research Scholar) commerce
Singhania University, Rajasthan
Dr. Seema Dhawan (Research Supervisor)
COMPARATIVE ANALYSIS OF INDIAN BANKS ' PERFORMANCE
Abstract: General problems of carrying out the comparative analysis of the banks functioning and development are considered. The essence of a micro-situation for carrying out the comparative analysis of the banks functioning and development is revealed. Various types of micro-situations are generalized when carrying out the banks functioning comparative analysis. The approach to comparison of the banks functioning and development based on Wilcoxon criterion is offered.
Key words: bank, analysis, micro-situation, statistical conclusion, Wilcoxon criterion.
India has a well developed banking system. Most of the banks in India were founded by Indian entrepreneurs and visionaries in the pre-independence era to provide financial assistance to traders, agriculturists and budding Indian industrialists. The origin of banking in India can be traced back to the last decades of the 18th century. The General Bank of India and the Bank of Hindustan, which started in 1786 were the first banks in India. Both the banks are now defunct. The oldest bank in existence in India at the moment is the State Bank of India. The State Bank of India came into existence in 1806. At that time it was known as the Bank of Calcutta. SBI is presently the largest commercial bank in the country.
The role of central banking in India is looked by the Reserve Bank of India, which in 1935 formally took over these responsibilities from the then Imperial Bank of India. Reserve Bank was nationalized in 1947 and was given broader powers. In 1969, 14 largest commercial banks were nationalized followed by six next largest in 1980. But with adoption of economic liberalization in 1991, private banking was again allowed.
The commercial banking structure in India consists of: Scheduled Commercial Banks and
Singhania University, Rajasthan
Dr. Seema Dhawan (Research Supervisor)
COMPARATIVE ANALYSIS OF INDIAN BANKS ' PERFORMANCE
Abstract: General problems of carrying out the comparative analysis of the banks functioning and development are considered. The essence of a micro-situation for carrying out the comparative analysis of the banks functioning and development is revealed. Various types of micro-situations are generalized when carrying out the banks functioning comparative analysis. The approach to comparison of the banks functioning and development based on Wilcoxon criterion is offered.
Key words: bank, analysis, micro-situation, statistical conclusion, Wilcoxon criterion.
India has a well developed banking system. Most of the banks in India were founded by Indian entrepreneurs and visionaries in the pre-independence era to provide financial assistance to traders, agriculturists and budding Indian industrialists. The origin of banking in India can be traced back to the last decades of the 18th century. The General Bank of India and the Bank of Hindustan, which started in 1786 were the first banks in India. Both the banks are now defunct. The oldest bank in existence in India at the moment is the State Bank of India. The State Bank of India came into existence in 1806. At that time it was known as the Bank of Calcutta. SBI is presently the largest commercial bank in the country.
The role of central banking in India is looked by the Reserve Bank of India, which in 1935 formally took over these responsibilities from the then Imperial Bank of India. Reserve Bank was nationalized in 1947 and was given broader powers. In 1969, 14 largest commercial banks were nationalized followed by six next largest in 1980. But with adoption of economic liberalization in 1991, private banking was again allowed.
The commercial banking structure in India consists of: Scheduled Commercial Banks and
References: Azarenkova G.M. Models and methods for financial flows analysis pg.119 Barrett, Gene R. (1990, April). "What Bankers Want to Know Before Granting a Small? Business Loan," Journal of Accountancy: 47-53 Watshem T.G., Parramaw K. Quantitative methods in finances pg. 527