Loading...
Please wait, while we are loading the content...
Similar Documents
AN EVALUATION OF FINANCIAL PERFORMANCE OF PUBLIC SECTOR BANKING COMPANIES AND NON-BANKING FINANCIAL COMPANIES
| Content Provider | CiteSeerX |
|---|---|
| Author | Pellissery, Cheryl Shais Koshy C., J. |
| Abstract | In the year 2009 most of the industries were affected by recession. This could bring a slowdown in the financial performances of most of the banking companies and Non-banking financial companies. Similarly, the inflation in the country was increasing and there was a hike in the Repo rates by RBI around 13 times in 2010, who governs these two bodies. The degree to which these companies performed in these particular periods was unknown. Therefore, the study was conducted to analyze the financial performance of these selected groups during these periods. The basic purpose of the study is to understand and analyze the financial performance of the selected companies. The two selected groups of companies (i.e., NBFC's and banking companies) provide a variety of services at differential rates. Therefore, the study pertains to analyze the best performer among the selected companies and best group between the two groups within the particular period of 5 years (2007-2011.) From the study it was found that NBFC's are showing better position in the capital markets than the selected banking companies. This means, the NBFC's have good reputation in the capital market because of its principle activities. The companies differ significantly in terms of their financial performance indicators from one company to another. This may be for the different services they provide and |
| File Format | |
| Access Restriction | Open |
| Content Type | Text |