Profitability of Indian Scheduled Commercial Banks: A Comparative Evaluation

Abstract

This research is intended to be both exploratory and diagnostic. Analyzing the profitability of Indian scheduled commercial banks is the main goal of this study. Data were gathered from the Reserve Bank of India's data release from 2017, the Statistical Table Relating to Indian Banks, and various RBI Bulletin issues. Numerous statistical techniques, including average, standard deviation, standard error, lower bound, and upper bound, have been employed to evaluate the profitability of banks. Additionally, the SPSS programme was used to apply the ANOVA test at a 95% level of confidence to determine whether there were any significant differences between the various forms of earnings and profits. According to the study, there are significant differences between the three groups of banks in terms of net interest income, operating profit, interest income, and return on assets. However, in terms of return on equity, the distinction was insignificant. In addition, foreign banks had the most net interest income, non-interest income, operating profit, and return on assets, but private sector banks generated the highest return on equity.