Unveiling Financial Dynamics: A Comprehensive Analysis Of Selected Banks In India

Abstract

This comprehensive study delves into the financial landscape of selected banks in India, focusing on a comparative analysis between one Public Sector Bank (Indian Overseas Bank) and one Private Sector Bank (ICICI Bank). Spanning a five-year period from 2016-17 to 2020-21, the research aims to achieve multifaceted objectives. It begins by exploring and generating insights into the financial performance of the chosen banks. Subsequently, a meticulous examination of specific financial ratios adds depth to the analysis. The article further engages in a comparative assessment, shedding light on the distinctive financial trajectories of the selected banks. The significance of financial performance takes center stage, with a nuanced evaluation in terms of profitability, liquidity, and asset quality. Methodologically, the study relies on secondary data from annual reports, press releases, and relevant websites, employing statistical tools such as mean calculation, graphical presentation, and t-tests via SPSS26. The formulated hypotheses contribute to testing the significance difference in financial performance between ICICI Bank and Indian Overseas Bank. This research provides valuable insights for stakeholders, policymakers, and researchers, offering a holistic perspective on the financial dynamics within the Indian banking sector.Furthermore, the study addresses the broader economic landscape, considering how global and domestic events during the five-year period may have influenced the financial performance of these banks. Economic shifts, regulatory changes, and technological advancements are examined in the context of their impact on the selected banks.The nuanced evaluation of profitability, liquidity, and asset quality extends beyond a snapshot analysis. It involves tracing the temporal evolution of these metrics, providing a dynamic perspective that captures the resilience and adaptability of the banks in response to changing market conditions.