Title: FINANCIAL PERFORMANCE OF TOP RANKING INDIAN BANKS IN THE POST CRISIS PERIOD
Abstract: The turmoil in the International financial markets of advanced economies that started in mid 2007 had far reaching effect not only in advanced economies but also in the emerging economies. The contagion spilled to the Indian economy, too, in the form of decline in real Gross Domestic Product (GDP) and business slowdown. The banking sector suffered huge setback in terms of loss in liquidity, asset quality, profitability and a short-term rise in demand for bank credit. The paper examines the impact of the global crisis on a sample of top ten ranking banks by using trend analysis of important financial indicators. Our results conclude that average profitability of the top ten ranking banks improved post crisis as their credit demand grew consistently. The capital adequacy of banks improved marginally in the post crisis years but liquidity of these banks as judged by the liquid assets to total assets, liquid assets to total deposits and investments to deposits ratio declined post crisis.
Publication Year: 2014
Publication Date: 2014-01-01
Language: en
Type: article
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