International Research Journal of Commerce , Arts and Science

 ( Online- ISSN 2319 - 9202 )     New DOI : 10.32804/CASIRJ

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COMPARITIVE STUDY ON THE PERFORMANCE OF PUBLIC AND PRIVATE BANKING

    1 Author(s):  TANUJA

Vol -  6, Issue- 3 ,         Page(s) : 169 - 179  (2015 ) DOI : https://doi.org/10.32804/CASIRJ

Abstract

Banking Sector plays an important role in economic development of a country. The banking system of India is featured by a large network of bank branches, serving many kinds of financial services of the people.The banking sector mirrors the larger economy – its linkages to all sectors make it a proxy for what is happening in the economy as a whole. Efficient functioning of banking sector is required for the growth of overall economy. Banking plays a silent, yet crucial role in our day-to-day lives. The banks work as financial intermediaries, pooling savings and channelizing them into investment, helps in economic development of a country. Recently the Indian economy has witnessed the emergence of many banks in the private sector. The banks are the main participants of the financial system in India. The banking sector offers several facilities and opportunities to their customers.HDFC Bank is headquartered in Mumbai. As of September 30, 2014, the Bank’s distribution network was at 3,600 branches in 2,272 cities. All branches are linked on an online real-time basis. Customers across India are also serviced through multiple delivery channels such as Phone Banking, Net Banking.The State Bank of India, popularly known as SBI is one of the leading banks in India.

  1. Financial year report of HDFC  Bank 2009-10 to 2012-13. 
  2. Financial year report of SBI 2009-10 to 2013-14. 
  3. www.moneycontrol.com
  4. www.sbi.org.in

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