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International Journal of Trend in International Journal of Trend in Scientific Research and Development (IJTSRD)Research and Development (IJTSRD)
International Open Access JournalInternational Open Access Journal | www.ijtsrd.comwww.ijtsrd.com

ISSN No: 2456 ISSN No: 2456 - 6470 | Conference Issue – ICDEBIICDEBI-2018

INTERNATIONAL CONINTERNATIONAL CONFERENCE ON DIGITAL ECONOMY AND FERENCE ON DIGITAL ECONOMY AND

ITS IMPACT ON BUSINESS AND TS IMPACT ON BUSINESS AND INDUSTRYINDUSTRY

Organised By: V. P. Institute of Management Studies & Research, SangliOrganised By: V. P. Institute of Management Studies & Research, SangliOrganised By: V. P. Institute of Management Studies & Research, Sangli

F
Financial Performance of Digital Banking Sector iFinancial Performance of Digital Banking Sector iinancial Performance of Digital Banking Sector in India

M. Siddarth
DepartmentDepartment of Commerce, GUK

ABSTRACT
The banking sector is the one of important in is the one of important in a major task. The functioning of banking sector has a major task. The functioning of banking sector has
financing general thinking which builds much of the financing general thinking which builds much of the change upside down in India also. To check the change upside down in India also. To check the
financial performance in the modern digital world, financial performance in the modern digital world, efficiency of banking system in India, their financial efficiency of banking system in India, their financial
growing financial performance lead to improving growing financial performance lead to improving performance is determination. So it is important to performance is determination. So it is important to
better functions of an organization. The main better functions of an organization. The main evaluate as to the performance evaluate as to the performance of banks has improved
objective of this article is to know about the financial know about the financial after crisis. Such information can provide use full for after crisis. Such information can provide use full for
performance of Indian public sector banks in the performance of Indian public sector banks in the further route map, to policy maker about further route map, to policy maker about
random banks have been selected for the study. random banks have been selected for the study. understanding the efficiency of banking sector in understanding the efficiency of banking sector in
Financially stabilized manner some of the variables Financially stabilized manner some of the variables India.
selected for the study to interpret financial selected for the study to interpret financial
performances like loans and advances, assets, equity , assets, equity Today Indian banking Sector is a flourishing Industry; Today Indian banking Sector is a flourishing Industry;
shareholder capital, deposits, and net profit margin.shareholder capital, deposits, and net profit margin. it‘s mainly focused on new Banking technological ew Banking technological
i innovations. Banks innovated to use digital tool to nnovations. Banks innovated to use digital tool to
INTRODUCTION p
provide effective quality and services to the customer rovide effective quality and services to the customer
Banking sector plays a vital role in the economic Banking sector plays a vital role in the economic and get high speed in less time with wide area and get high speed in less time with wide area
development of a nation; the Banking system of India the Banking system of India coverage of customers. In the recent scenario it has coverage of customers. In the recent scenario it has
has a wide network of branches serving a number of has a wide network of branches serving a number of been changed, there are around 340 banks are around 340 banks are
services to the people. Efficient Banking system services to the people. Efficient Banking system working in India, in which are public and private working in India, in which are public and private
shows the development of nation economically and it shows the development of nation economically and it banks. Today all the banks started with the different banks. Today all the banks started with the different
proved many times, for example, the subprime crisis proved many times, for example, the subprime crisis channels, like, Credit Cards, Debit Cards, Mobile channels, like, Credit Cards, Debit Cards, Mobile
period, while every country has gone bankrupt even ntry has gone bankrupt even Banking, Internet Banking, E--pay etc. In 2020 Indian
though the Indian banking sector faced many though the Indian banking sector faced many banking sector will be fifth largest banking sector and largest banking sector and
difficulties but due to efficient financial strength it difficulties but due to efficient financial strength it in 2025 third largest banking sector in the world.2025 third largest banking sector in the world.
makes the financial system to maintain the good makes the financial system to maintain the good
financial condition. Indian Banking sector have financial condition. Indian Banking sector have The main object of the study is to compare the The main object of the study is to compare the
public sector-private sector and foreign sector d foreign sector Financial Performance of the Indian Public Banking Financial Performance of the Indian Public Banking
working in India with their respective competition to working in India with their respective competition to Sector. For the analysis secondary data has been Sector. For the analysis secondary data has been
other, these banks differ significantly from each other other, these banks differ significantly from each other chosen to know the financial chosen to know the financial performance of banks.
in terms of financial performance. The financially stabilized manner some of the he financially stabilized manner some of the
T
variables have been selected for the study to analyze ariables have been selected for the study to analyze
v
The economic environment changing allchanging all around the the financial performance like loans and advances, the financial performance like loans and advances,
world after the global financial crisis,ter the global financial crisis, the financial assets, equity shareholder capital, deposits, and net assets, equity shareholder capital, deposits, and net
structure in globally has been also change due to slow structure in globally has been also change due to slow profit margin.
down. Banking sector is also affected by the crisis. down. Banking sector is also affected by the crisis.
Banking sector is the main component of financial Banking sector is the main component of financial
activities therefore measuring the strength and activities therefore measuring the strength and
financial soundness of banking institution has become ution has become

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