Financial Performance of Public and Private Sector Banks: An Application of Post-Hoc Tukey HSD Test
Keywords:
Public and private sector banks, profitability ratios, financial performance, post Hoc Tukey testAbstract
Financial performance is the key indicator for any business organization. The survival growth and development of business depends on profitability. The profitability is the ratio which helps to measure the financial performance of business and indicates how far it has been successful. The present study attempts to analyze the financial performance of four major banks in India: SBI, PNB, ICICI and HDFC. The variables taken for the study are spread ratios, burden ratios and profitability ratios. The study brings out the comparative efficiency of SBI, PNB, ICICI and HDFC.
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