Title: An empirical comparison of profitability performance from the viewpoints of public, private, and international banks

Authors: Hardik Gandhi; Ravi N. Sachula; Timcy C. Mehta; Navneet Kumar; Komal Srivastava ; Falguni Prajapati

Addresses: Karnavati University, Uvarsad, Gandhinagar, Gujarat, India ' Karnavati University, Uvarsad, Gandhinagar, Gujarat, India ' Karnavati University, Uvarsad, Gandhinagar, Gujarat, India ' Karnavati University, Uvarsad, Gandhinagar, Gujarat, India ' Karnavati University, Uvarsad, Gandhinagar, Gujarat, India ' Faculty of Management Studies, Ganpat University, Mehsana Gandhinagar Highway, Gujarat, India

Abstract: In the last two decades, the performances of the service sector catch the attention of economists and trade specialists. The reason of this attention is that the service sector contributes almost 55% of the Indian GDP. Banking is one of the key sectors in the areas of financial services. The current study focuses on a comparison of public, private, and foreign banks' financial performances. Three popular banks from each category were selected on the basis of their financial performance over the last five years. A descriptive longitudinal design was applied to compare the financial performance of the nine banks. Outcomes of ratio analysis found that Bank of America has the lowest debt-equity ratio, while the standard chartered bank has the highest. All nine banks were compared with ranks over performances of financial performance.

Keywords: service sector; financial performance; public banks; private banks; foreign banks.

DOI: 10.1504/IJICBM.2025.147161

International Journal of Indian Culture and Business Management, 2025 Vol.35 No.3, pp.368 - 379

Received: 16 Mar 2023
Accepted: 05 Apr 2023
Published online: 11 Jul 2025 *

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