A Comparative Study on Performance of Indian Public Sector Banks

Simran Jain

Simran Jain Assistant Professor, Department of Management, Mewar Institute of Management, Vasundhara, Ghaziabad, Uttar Pradesh, India

Keywords: Banks, Public Sector Banks, Performance of Indian Public Sector Banks, Indian Banks, Indian Public Sector Banks, Punjab National Bank, Bank of Baroda, Canara Bank, State Bank of India, Bank of India.

Abstract

Banks play a positive role in the economic development of a nation as depositories of community’s savings and as purveyors of credit. Banking as a major part of the financial sector, is the life blood of the economy. It plays a decisive role in accelerating the rate of economic growth. The importance of commercial banks in the process of economic development has been stressed from time to time by the economic thinkers and progressive bankers in the country. Banks are the heart of our financial structure.