Ranking of New Private Sector Banks in India on the Basis of Selected Performance Indicators

Abstract

A number of new private sector banks have been established in India in the post-reform period. These banks have brought with them state-of-the-art technology and lean structures. They have built a wide network of branches, set superior standards in productivity, introduced global best practices and more importantly, they have built durable competencies by attracting the best manpower and creating strong brand image in the financial market within a short span of time. Almost all these banks are performing equally well. This has created an intense competition among these banks in the sector. The present research paper ranks these banks on the basis of growth rates recorded in various financial parameters extracted from their annual reports during the period from 2004-05 to 2014-15.