Comparative Physical Performance of New Private Sector Banks in India

Private-sector banks have been functioning in India since the beginning of the banking system. Initially, during 1921, the private banks like bank of Bengal, bank of Bombay and bank of Madras were in service, which all together formed Imperial Bank of India. There are two categories of the private-sector banks: and new. The old private-sector banks have been operating since a long time and may be referred to those banks, which are in operation from before 1991 and all those banks that have commenced there business after 1991 are called as new private-sector banks.The present research paper is aimed to analyze and compare the physical performance of new private sector banks and offer suggestions for the improvement of Performance. For the purpose of analysis of comparative physical performance, the selected parameters are profit, total business, advances, deposits, number of branches and number of employees. The analysis of comparative physical performance for new private sector banksused the statistical tools likemean, standard deviation and correlation.