Loading...
Please wait, while we are loading the content...
An Evaluation of Financial Performance of Public Sector Banking Companies and Non-banking Financial Companies in India
| Content Provider | Semantic Scholar |
|---|---|
| Author | Pellissery, Cheryl Shais J. Koshy C. |
| Copyright Year | 2015 |
| Abstract | 2In 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 the differential interest rates. There are no significant differences in the last five years in the management of financial performance of each of the companies, except marginal deviations in some cases. Earnings per share of the selected companies increased over the last five years, whereas the operating profit per share of all companies showed an increasing trend from the year 2007 to 2010 and depicted a slight dim in the year 2011. Overall, the NBFC's have performed well, as and when compared to the banking companies. |
| File Format | PDF HTM / HTML |
| Alternate Webpage(s) | https://ijmrbs.org/download.php?file=ijmrbsadmin/upload/IJMRBS_5cd91f2d8a5b2.pdf&iid=154 |
| Language | English |
| Access Restriction | Open |
| Content Type | Text |
| Resource Type | Article |
