COMPARATIVE STUDY OF KOTAK MAHINDRA BANK AND ICICI

BANK AND PUNJAB NATIONAL BANK

EXECUTIVE SUMMARY/ABSTRACT

Banking Sector plays an important role in economic development of a country. The banking
system Of India is featured by a large network of bank branches, serving many kinds of financial
services of The people Industrial Credit and Investment Corporation of India (ICICI) Bank today
is a leading Player in Indian banking industry and is deeply engaged in human and economic
development at the National level. The Bank works closely with ICICI Foundation across diverse
sectors and programs. As of 2014 it is the second largest bank in India in terms of assets and market
capitalization. ICICI Bank emerged as a pioneer venture on the horizon of offering an expanded
range of banking Products and financial services for corporate and retail customers through its
diverse delivery Channels and specialized subsidiaries in the areas of investment banking, asset
management, venture Capital and insurance. In the light of its strategic importance in the nation
interest, it is crucial to Evaluate the financial performance of the ICICI Bank..

The financial performance Kotak Mahindra Bank. India’s second largest private sectors bank in
terms of market share. The financial performance of above Mentioned bank has been evaluated
giving consideration to primarily ratio analysis wherein Under liquidity ratios current ratio and
quick ratio. The profitability ratios are calculated i.e., Fixed Assets Ratio, Debit – Equity Ratio
and Proprietary ratio and give interpretation to each Ratios. This has been done with a view to
obtain an understanding of the financial position of the Bank.. One such profitable strategy is the
process of consolidation of the banks. There are several ways to consolidate the banking industry;
the most common adopted by banks is merger…

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INTRODUCTION

Bank in general terminology is referred to as a financial institute or a corporation which is

Authorized by the state or central government to deal with money by accepting deposits, Giving
out loan and investing in securities. The main role of banks is the growth of economy By providing
funds for investment. In recent times banking sector has been undergoing a lot Of changes in
terms of regulations and effects of globalization. These Changes have affected This sector both
structurally and strategically. With the changing Environment, many different Strategies have been
adopted by this sector in order to remain efficient and to surge ahead in The global arena.

Financial performance is the process of measuring how efficiently a company uses its assets From
primary mode of business to generate revenues it also measures an organization’s total Financial
health over a certain period of time which is used for inter-company as well as inter-Industry
comparison. Financial performance analysis is the process organizing the financial Strength and
weaknesses of entities by accurately establishing a relationship between the items of Balance sheet
and profit and loss account. This process identifies the growth of the organization. It helps in both
long-term and short-term.

Establishing relationship between the financial Elements of the organization this analysis helps in
understanding the firm’s position in better Way. There are several ways of financial analysis such
as ratio analysis. This analysis also Helpful determining the credit worthiness of a new customer
and evaluate the market position of The competitors.

ICICI Bank Ltd is a major banking and financial Services organization in India. The Bank is the
Second largest bank in India and the largest Private sector bank in India by market Capitalization.
They are a publicly held banking company engaged in providing a wide range of banking and
financial services including commercial banking and treasury operations. The Bank and their
subsidiaries offers a wide range of banking and financial services including commercial banking,
retail banking, project and corporate finance, working capital finance, insurance, venture capital
and private equity, investment banking, broking and treasury products and services.

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KOTAK MAHINDRA BANK

It is an Indian private sector bank with its headquarters at Mumbai, Maharashtra Kotak Mahindra
Finance Ltd., the flagship company was granted the license to carry on banking Business by
Reserve Bank of India in February 2003, a wide range of banking products and Financial services
for corporate and retail customers are provided by Kotak. These services are Provided through a
variety of delivery channels and specialized subsidiaries such as: Personnel Financing, Investment
banking, General insurance, Life insurance.

Its network of 1,369 branches Across 689 locations and 2,163 ATMs in the country (as of 31
March 2017). As of 2018 it is the Second largest private bank in India by market capitalization
after HDFC Bank. Established in 1985, Kotak Mahindra Finance Capital Management Limited,
the flagship Company of the Kotak Group, started off as a non-banking financial services
company, initially Providing financing for the purchase of automobiles.

In 2003 it became the first ever NBFC to be Converted into a bank.3 Despite its humble
beginnings, Kotak today is one of India’s fastest Growing banks, which caters to wide variety of
banking needs of both individuals and corporates. It provides consumer banking services,
commercial banking services, investment banking 15 Subsidiaries across India and the world and
a few joint ventures, Kotak has spread its businesses Wide across the market and country with over
600 operating branches. Currently, Kotak is Primarily promoted by Mr. Uday Kotak who continues
to hold about 39.69% of the capital Interest and is listed on the NSE, BSE and LSE..

ICICI BANK

ICICI Bank was established by the Industrial Credit and Investment Corporation of India (ICICI),
an Indian financial institution, as a wholly owned subsidiary in 1994 in Vadodara however the
parent company was formed in 1955 as a joint-venture of the World Bank, India’s public-sector
banks and public-sector insurance companies to provide project financing to Indian industry. The
bank was founded as the Industrial Credit and Investment Corporation of India Bank, before it
changed its name to ICICI Bank. The parent company was later merged with the bank. The
Industrial Credit and Investment Corporation of India (ICICI) was established on 5 January 1955

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and Sir Arcot Ramasamy Mudaliar was elected as the first Chairman of ICICI Ltd. ICICI Bank
launched Internet Banking operations in 1998…

In the 1990s, ICICI transformed its business from a development financial institution offering only
project finance to a diversified financial services group, offering a wide variety of products and
services, both directly and through a number of subsidiaries and affiliates like ICICI Bank. In
1999, ICICI become the first Indian company and the first bank or a financial institution from non-
Japan Asia to be listed on the NYSE.

PUNJAB NATIONAL BANK

Punjab National Bank (abbreviated as PNB) is a central public sector undertaking under the
ownership of Ministry of Finance, Government of India. It is headquartered in Delhi, India, it is
under the ownership of the Ministry of Finance, government of India. The bank was founded in
May 1894 and is the second largest government-owned bank in India, both in terms of its business
volumes and its network. The bank has over 180 million customers, 12,248 branches, and 13,000+
ATMs.

Punjab National Bank is a PSU working under the government of India regulated by the Reserve
Bank of India Act, 1934 and the Banking Regulation Act, 1949. It was registered on 19 May 1894
under the Indian Companies Act, with its office in Anarkali Bazaar, in pre-independent India
(present-day Pakistan). The founding board was drawn from different parts of India professing
different faiths and of varying backgrounds, with the common objective of creating a truly national
bank that would further the economic interest of the country. PNB’s founders included several
leaders of the Swadeshi movement such as Dyal Singh Majithia and Lala Harkishen Lal, Lala
Lalchand, Kali Prosanna Roy, E. C. Jessawala, Prabhu Dayal, Bakshi Jaishi Ram, and Lala Dholan
Dass., Lala Lajpat Rai was actively associated with the management of the Bank in its early years.
The board first met on 23 May 1894 The bank opened for business on 12 April 1895 in Lahore.

PNB is the first Indian bank to have been started solely with Indian capital that survives to the
present earlier Oudh Commercial Bank was established in 1881, but failed in 1958.

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THEORETICAL BACKGROUND OF STUDY

Reddy K. Sriharsha (2012) analyzed relative Performance of banks in India using CAMEL
Approach. It is found that public sector banks Have appreciably improved indicating positive
Impact of the reforms in liberalizing interest Rates, rationalizing directed credit and Investments
and increasing competition.

Joseph Jelsy and Vetrivel, (2012) have studied The financial performance in connection with
Activity Based Costing, and concluded that Better cost predictions, loss making products are
Identified. The ABC can be used for cost Reduction, DSS( Decision Support System) Budgeting
and better performance measurement In order to improve the financial performance of The
companies.

Khan M. Y.- Recently ICICI Ltd. (along with Two of its subsidiaries, ICICI Personal Finance
Services Ltd. And ICICI Capital Services Ltd.) Has been merged with ICICI bank Ltd; effective
From May3, 2002. The erstwhile DFI has thus Ceased to exist. Its main objective is to Encourage
and promote private ownership of Industrial investment and expansion of Investment markets.

Nagalekshmi V S, Vineetha S Das (2018), found that the positive impact of merger of Kotak
Mahindra Bank Ltd with ING-Vysya Bank. It also found that momentous increment in various
Budgetary angles like operating profit, net profit, earnings per share, interest earned, return on
Assets, equity share capital, income on investments etc.

Nag and Das (2002) studied the impact of imposition of capital requirement norms on flow of
credit to the business Sector by public sector banks of India and the results showed that in the post
reform period, public sector banks did shift .Their portfolio in a way that reduced their capital
requirements.

K. V. Bhanumurthy (2015)2 People have misconception or the myth that the main banking
Business is accepting deposits and lending loans. The profitability of banks is reducing because
Of high level of non-performing assets. However the reality is that the banks are aggressively
Involving in off balance sheet business, particularly the foreign banks that can at any time Threaten
and destroy the stability of banks.

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METHODOLOGY

This study is quantitative in nature meaning it primarily deals with financial statements Of Kotak
Mahindra Bank, ICICI Bank and Punjab National Bank over the past five years. This study is
based on secondary data which is mainly Taken from the Banks website and the annual reports
published by the Reserve Bank of India.

This study considers the data which have been collected from the Bank website to identify and
Explain the progress or deterioration of the performance of Kotak Mahindra Bank, ICICI Bank
and Punjab National Bank over the past Five financial years.

BODY OF THE PROJECT

P/L A/c (KOTAK MAHINDRA BANK LTD) (in ₹ Crores)

Mar-17 Mar-18 Mar-19 Mar-20 Mar-21

Sales 22,324.21 25,131.08 29,831.22 33,474.16 32,819.83
Expenses 14,832.11 16,804.80 19,758.36 22,578.37 30,218.83
Operating Profit 7,492.10 8,326.28 10,072.86 10,895.79 2,601.00
Other Income 11,659.56 13,682.23 16,147.89 16,891.58 23,994.94
Depreciation 362.21 383.43 458.42 464.89 461.05
Interest 11,457.51 12,466.85 15,186.61 15,900.68 12,966.55
Profit before tax 7,331.94 9,158.23 10,575.72 11,421.80 13,168.34
Tax 2,382.85 3,011.09 3,456.02 2,814.72 3,265.44
Net profit 4,940.43 6,200.97 7,204.13 8,593.36 9,990.20
EPS 26.84 32.54 37.74 44.92 50.41
Price to earning 32.50 32.20 35.36 28.85 34.78
Price 872.20 1,047.80 1,334.50 1,296.05 1,753.00

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BALANCE SHEET (KOTAK MAHINDRA BANK LTD) (in ₹
Crores)

Mar-17 Mar-18 Mar-19 Mar-20 Mar-21

Equity Share Capital 920.45 952.82 954.38 956.52 990.92

Reserves 37,570.39 49,533.24 56,825.35 65,677.60 83,345.53

Borrowings 2,05,229.91 2,49,839.77 2,91,263.20 3,25,976.93 3,26,610.31

Other Liabilities 32,466.81 37,394.64 46,128.32 50,561.67 67,925.93

Total 2,76,187.56 3,37,720.47 3,95,171.25 4,43,172.72 4,78,872.69

Net Block 1,758.62 2,542.89 2,697.46 2,674.72 2,553.92

Capital Work in Progress - - - - -

Investments 68,461.54 90,976.60 1,03,487.02 1,11,196.91 1,56,945.55

Other Assets 2,05,967.40 2,44,200.98 2,88,986.77 3,29,301.09 3,19,373.22

Total 2,76,187.56 3,37,720.47 3,95,171.25 4,43,172.72 4,78,872.69

CAMEL MODEL
CAPITAL ADEQUACY RATIOS Mar-17 Mar-18 Mar-19 Mar-20 Mar-21

Capital Adequacy Ratio 22.26 17.89 17.45 18.22 16.77

Debt-Equity Ratio 4.8 6.2 6.09 5.81 6.46

Total Advances to Total Assets Ratio 0.6 0.63 0.68 0.25 0.22

ASSET QUALITY Mar-17 Mar-18 Mar-19 Mar-20 Mar-21

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 Total Investments to Total Assets Ratio 0.28 0.21 0.23 0.75 0.76

MANAGEMENT CAPACITY Mar-17 Mar-18 Mar-19 Mar-20 Mar-21

Total Advances to Total 0.8 0.83 0.91 0.38 0.33

Deposits Ratio
Net Profit/ Employee (Rs.) ₹ ₹ ₹ ₹ ₹
13,47,163.75 11,88,628.09 11,65,265.18 8,16,860.68 7,75,340.41
Business/ Employee (Rs.) ₹ ₹ ₹ ₹ ₹
9,74,44,616.50 9,64,48,156.57 10,33,63,871.51 7,24,72,239.16 6,67,06,361.07
Return on Net Worth(%) 10.95 11.86 11.47 10.89 12.35

EARNINGS QUALITY Mar-17 Mar-18 Mar-19 Mar-20 Mar-21

Spread Ratio 8.21 7.79 6.73 6.94 7.64
Non-Interest Income to Total Income 1.47 1.6 1.6 1.69 1.71
Interest to Total Income 7.22 8.01 8.3 8.24 8.7

LIQUIDITY Mar-17 Mar-18 Mar-19 Mar-20 Mar-21

Credit Deposit Ratio 81.68 87.06 89.7 87.35 86.04
Investment Deposit Ratio 33.18 29.92 32.44 31.32 32.54
Cash Deposit Ratio 4.05 4.17 4.73 4.69 4.86

P/L A/c (ICICI BANK LTD) (in ₹

Crores)
Mar-17 Mar-18 Mar-19 Mar-20 Mar-21
Sales 60,939.98 62,162.35 71,981.65 84,835.77 89,162.66
Expenses 63,840.81 72,806.44 83,774.86 85,360.75 91,308.97

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 Operating Profit -2,900.83 -10,644.09 -11,793.21 -524.98 -2,146.31
Other Income 52,457.65 56,806.75 59,324.85 64,950.33 72,173.81
Depreciation 911.64 922.14 945.84 1,171.22 1,340.07
Interest 34,835.83 34,262.05 39,177.54 44,665.52 42,659.09
Profit before tax 13,809.35 10,978.47 7,408.26 18,588.61 26,028.34
Tax 2,469.02 1,878.92 1,719.10 7,363.14 5,664.37
Net profit 10,188.38 7,712.19 4,254.24 9,566.31 18,384.32
EPS 15.90 12.00 6.60 14.78 26.58
Price to earning 15.83 23.20 60.69 21.91 21.90
Price 251.68 278.35 400.50 323.75 582.10

BALANCE SHEET (ICICI BANK LTD) (in

₹ Crores)
Mar-17 Mar-18 Mar-19 Mar-20 Mar-21

Equity Share Capital 1,165.11 1,285.81 1,289.46 1,294.76 1,383.41

Reserves 1,03,460.63 1,09,338.32 1,12,959.27 1,21,661.81 1,56,200.99

Borrowings 7,00,874.02 8,15,197.94 8,91,641.06 10,14,636.24 11,03,839.96

Other Liabilities 1,80,224.89 1,98,458.98 2,32,904.10 2,39,699.42 3,12,387.89

Total 9,85,724.65 11,24,281.05 12,38,793.89 13,77,292.23 15,73,812.25

Net Block 9,337.96 9,465.01 9,660.42 10,408.66 10,809.26

Capital Work in Progress - - - - -

Investments 3,04,373.29 3,72,207.68 3,98,200.76 4,43,472.63 5,36,578.62

Other Assets 6,72,013.40 7,42,608.36 8,30,932.71 9,23,410.94 10,26,424.37

Total 9,85,724.65 11,24,281.05 12,38,793.89 13,77,292.23 15,73,812.25

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CAMEL MODEL
CAPITAL ADEQUACY RATIOS Mar-17 Mar-18 Mar-19 Mar-20 Mar-21
Capital Adequacy Ratio 19.12 16.11 16.89 18.42 17.39
Debt-Equity Ratio 7.09 8.24 7.77 7.28 6.58
Total Advances to Total Assets Ratio 0.62 0.61 0.63 0.6 0.63

ASSET QUALITY Mar-17 Mar-18 Mar-19 Mar-20 Mar-21

Total Investments to Total Assets Ratio 0.24 0.23 0.22 0.24 0.22

MANAGEMENT Mar-17 Mar-18 Mar-19 Mar-20 Mar-21

CAPACITY
Total Advances to 0.79 0.84 0.9 0.91 0.95
Total Deposits
Ratio
Net Profit/ ₹ ₹ ₹ ₹ ₹
Employee (Rs.) 16,39,765.48 7,98,519.16 3,87,642.38 8,19,281.33 11,83,120.75
Business/ ₹ ₹ ₹ ₹ ₹
Employee (Rs.) 16,87,34,303. 14,25,96,981. 14,28,68,072. 12,97,53,214. 11,51,93,098.
89 88 08 80 71
Return on Net 11.21 6.99 3.19 6.63 10.11
Worth(%)

EARNINGS QUALITY Mar-17 Mar-18 Mar-19 Mar-20 Mar-21

Spread Ratio 6.87 7.15 6.36 6.43 6.58
Non-Interest Income to Total Income 1.63 1.6 1.58 2.12 2.62

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 Interest to Total Income 6.81 7.27 6.9 6.68 7.29

LIQUIDITY Mar-17 Mar-18 Mar-19 Mar-20 Mar-21

Credit Deposit Ratio 80.95 86.52 90.54 92.92 98.69
Investment Deposit Ratio 31.16 32.11 33.84 34.68 35.32
Cash Deposit Ratio 4.77 5.14 5.85 6.17 6.45

P/L A/c (Punjab National Bank)

(In crores)

17-Mar 18-Mar 19-Mar 20-Mar 21-Mar

Sales 23,487.18 24,565.82 15,332.60 14,105.97 13,946.98

Expenses 20,252.60 20,308.75 11,973.37 11,538.47 13,509.07

Operating Profit 7,522.98 7,158.09 4,404.01 3,997.29 3,764.11

Other Income 12,319.96 12,811.85 9,274.13 7,377.41 8,880.87

Depreciation 888.61 974.92 607.68 578.02 576.17

Interest 11,457.51 12,466.85 15,186.61 15,900.68 12,966.55

Profit before tax 17,304.86 20,958.46 14,402.35 22,970.74 22,577.02

Tax 859.43 1,457.78 402.79 -5,387.42 -7,292.26

Net profit 3,456.96 2,021.62 336.19 -9,975.49 -12,282.82

EPS 3.16 2.08 0.62 -30.94 -55.39

Price to earning 32.5 32.2 35.36 28.85 34.78

Price 872.2 1,047.80 1,334.50 1,296.05 1,753.00

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BALANCE SHEET (Punjab National Bank)

(In crores)

17-Mar 18-Mar 19-Mar 20-Mar 21-Mar

Equity Share Capital 2,202.20 2,202.20 2,095.54 2,095.54 1,347.51

Reserves 93284.69 93284.69 88841.77 88841.77 61009.97

Borrowings 45681.41 45681.41 42840.31 42840.31 50225.43

Other Liabilities 27418.27 27418.27 20522.53 20522.52 14236.68

Total 1314805.02 1314805.02 1260632.62 1260632.62 830665.91

Net Block 9,337.96 9,465.01 9,660.42 10,408.66 10,809.26

Capital Work in Progress - - - - -

Investments 372167.76 372167.76 392983.25 392983.25 240465.64

Other Assets 71131.2 71131.2 71048.68 71048.68 35140.45

Total 1314805.02 1314805.02 1260632.62 1260632.62 830665.91

CAMEL MODEL
CAPITAL ADEQUACY RATIOS 17-Mar 18-Mar 19-Mar 20-Mar 21-Mar

Capital Adequacy Ratio 16.25 15.25 14.26 19.05 16.77

Debt-Equity Ratio 4.8 6.2 6.09 5.81 6.46

Total Advances to Total Assets Ratio 0.5 0.63 0.45 0.15 0.22

ASSET QUALITY 17-Mar 18-Mar 19-Mar 20-Mar 21-Mar

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Total Investments to Total Assets Ratio 0.6 0.25 0.23 0.21 0.22

MANAGEMENT
CAPACITY 17-Mar 18-Mar 19-Mar 20-Mar 21-Mar

Total Advances
to Total
Deposits Ratio 0.6 0.63 0.8 0.28 0.35

Net Profit/ ₹ ₹ ₹ ₹ ₹
Employee (Rs.) 13,47,163.75 11,88,628.09 11,65,265.18 8,16,860.68 7,75,340.41

Business/ ₹ ₹ ₹ ₹ ₹
Employee (Rs.) 9,74,44,616.5 9,64,48,156.57 10,33,63,871.51 7,24,72,239.16 6,67,06,361.07

Return on Net
Worth(%) 9.5 9.86 9.47 9.75 10.35

EARNINGS QUALITY 17-Mar 18-Mar 19-Mar 20-Mar 21-Mar

Spread Ratio 6.87 6.25 5.36 5.43 4.58

Non-Interest Income to Total

Income 1.63 1.2 1.5 2.1 2.45

Interest to Total Income 6.81 7.5 5.5 6.6 7.12

LIQUIDITY 17-Mar 18-Mar 19-Mar 20-Mar 21-Mar

Credit Deposit Ratio 85.25 85.2 85.4 90.9 95.6

Investment Deposit Ratio 30.1 31.5 33.8 34.6 35.3

Cash Deposit Ratio 4.52 5.09 5.75 6.12 6.3

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FINDINGS

CAPITAL ADEQUACY

Kotak Mahindra Bank and ICICI Bank have kept up with great capital sufficiency proportions. In
any case, the most net worthy capital proportion is kept up with by Kotak Mahindra Bank, showing
that it can possibly extend and make due for quite a while. It shows that the bank is protected and
can meet its future monetary commitments. As far as influence proportion, Kotak Mahindra Bank
has a lower influence proportion. According to a speculation perspective, a low influence
proportion is entirely good, as it diminishes the weight in case of an expansion in loan costs.
Whenever complete advances are contrasted with absolute resources, ICICI Bank has a marginally
higher rate contrasted with Kotak Mahindra Bank. This shows that ICICI Bank involved resources
for loaning accurately contrasted with Kotak Mahindra Bank. By and large, in regards to capital
ampleness, Kotak Mahindra Bank is more dependable and positive.

ASSETS QUALITY

Kotak Mahindra Bank and ICICI bank have a comparative Total Investments to Total Asset Ratio.
Both the organizations are doing great in dealing with their resources and speculations, by
attempting to remove the best returns through ventures done on resources. Kotak Mahindra has
somewhat higher resource quality contrasted with ICICI Bank .The nature of resources kept up
with by both the banks are similarly adequate.

MANAGEMENT CAPACITY

Kotak Mahindra Bank and ICICI Bank show a colossal distinction in the Capacity of Management.
ICICI Bank has a high Total Advances to Total Deposits Ratio, while Kotak Mahindra Bank keep
up with something very similar at lower rate implying its capacity to allow credits if there should
arise an occurrence of need through its stores. It very well may be additionally seen that the Kotak
Mahindra bank leads with the best Net Profit/Employee with an immense room for error. This
implies the functional effectiveness and the profit from venture of representative. Preferably, an
organization needs the most elevated proportion of income per worker conceivable in light of the
fact that a higher proportion demonstrates more noteworthy usefulness, which regularly means
more benefits for the organization. ICICI bank drives this with an immense wiggle room showing
a huge contrast against Kotak Mahindra Bank.

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EARNING QUALITY

Net loan cost spread alludes to the distinction between the loan cost a monetary foundation pays
to investors and the loan fee it gets from advances. At the end of the day, it is the contrast between
the getting and loaning financing costs of the bank. Any bank runs beneficial just with an
appropriate edge of revenue spread. A client looks for a lesser premium spread, while banks focus
on greater holes. Kotak Mahindra Bank has the most elevated edge in contrast with ICICI Bank.
On pointing the proportion of Non-Interest Income to add up to pay, it very well may be seen that
ICICI bank has had the option to draw in preferable Non-Interest Income over Kotak Mahindra
Bank. This expresses that the ICICI Bank's reliance on Interest pay is not exactly that of Kotak
Mahindra Bank. According to clients' perspective, it appears to be that the Kotak Mahindra Bank
has been offering the best advance arrangements over the ICICI bank as Kotak Mahindra Bank
can acquire a gigantic lump of its all out pay through Interest it procures through propels .thus, it
very well may be seen that the Kotak Mahindra Bank has a general edge over ICICI Bank in the
nature of Earnings.

LIQUIDITY

The liquidity position of ICICI bank is obviously superior to Kotak Mahindra Bank. ICICI Bank
has solid situation if there should arise an occurrence of money store proportion and credit store
proportion. ICICI Bank has most noteworthy normal venture store proportion than Kotak
Mahindra Bank.

CONCLUSION

The study is based on comparative financial statement analysis of two growing and emerging
private Sector banks; KOTAK MAHINDRA BANK and ICICI BANK and PUNJAB
NATIONAL BANK during the year 2017-2021. The financial Analysis assisted in better
understanding of banks, their financial position, growth and performance. The study Shows that
the financial situations of three the banks are very good. Thus the overall performance of the banks

15
Was strangely good which indicates a upcoming growth of financial position as well as the
profitability.

The researchers focused at the financial performance of India’s banking sector over the last five
years, from 2017-2021. KOTAK MAHINDRA BANK and ICICI BANK and PUNJAB
NATIONAL BANK are the largest banks in India in public and private sectors respectively. To
compare the financial performance of the banks, various ratios have been used to measure the
banks. According to the analysis, each the banks are retaining the required requirements and going
for walks profitably. The assessment of the performance of KOTAK MAHINDRA BANK and
ICICI BANK and PUNJAB NATIONAL BANK shows that are significant distinction between
overall performance of KOTAK MAHINDRA BANK and ICICI BANK and PUNJAB
NATIONAL BANK. It is inferred that KOTAK MAHINDRA BANK have an Extensive
operation than ICICI BANK and PUNJAB NATIONAL BANK. This find out about will assist
enhance further lookup on the difficulty by researchers and academicians.

REFERENCE

• Dr. Oshma Rosette Pinto & Mr. Mohammed Hussein Ali Al-Shawesh (2018), Financial
Performance of Private Sector Banks With Reference to ICICI Bank Philos Multi –
Disciplinary Journal ISSN 2456-9828 e- Journal April 2018.
• Jaspreet Kaur, Manpreet Kaur and Dr. Simranjit Singh, (2016), FINANCIAL
PERFORMANCE ANALYSIS OF SELECTED PUBLIC SECTOR BANKS: A CAMEL
MODEL APPROACH..
• Annual Report of KOTAK MAHINDRA BANK : 2017-2021 www.kotak.com
• Annual report of ICICI BANK : 2017-2021 www.icicibank.com.
• Annual report of Punjab National Bank : 2017-2021 www.pnb.com
• Sharma E. (2012). “ Financial Analysis of ICICI Bank: Growth In Subsequent Years”,
International Journal of Research in Finance And Marketing,
• Reddy Sriharsha K.(2012) “Relative Performance of commercial banks in India using
Camel Approach”,

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