The Research Cell of the College continued its presentation by Ph.D. Research Scholars of the College. Mr. Sandesh Gaonkar, Assistant Professor introduced the Research Scholar Mr. Ainsley Bernard. The session was held in the Smart Class Room from 12.15 to 1.15 pm. on 29th January.
Mr. Ainsley Bernard spoke on his topic “Performance of the Indian Banking Sector – An Empirical Examination” He stated the banking sector has a fundamental role to play in the social as well as economic development of the country. Sustainable economic growth can be achieved only if a healthy and robust banking system exists within the country. The performance of the banking sector is a closer link to the economy than that of other segments. After nationalization of banks in 1969, a remarkable level of prominence as well as expansion of nationalized and public sector banks were witnessed and today the banking sector in India is well regulated and adequately capitalized. In recent years, there has also been tremendous growth and expansion in private banks in India. The current research aims at mapping the performance and financial health of banks based on basic parameters like income, expenditure, profit, loans, deposits and interest. Ratio analysis is used to scrutinize the performance of the banks considered for the purpose of this study. The t-test has been used to establish the existence of any noteworthy difference between financial ratios of the Indian private and public sector banks.
The session ended at around 1.15 pm. with the vote of thanks by Mr. Sandesh Gaonkar.
