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Growth Of Indian Economy And Performance Of Public And Private Sector Banks: A Comparative Analysis

International Journal of Management Prudence

Volume 1 Issue 2

Published: 2010
Author(s) Name: P K Mishra, S K Mishra
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Abstract

This paper attempts to analyze the impact of growth of Indian economy on the performance of public and private sector banks of the country. The results suggest that the growth of Indian economy is significant in explaining the performance of public and private sector banks. This result is in line with the ‘demand-following’ hypothesis. Thus, the outlook is that the planners and policy makers should architect prudential norms in line with international standards and best practices to ensure sustainable development of the Indian banking system. Keywords: Indian Economy, Public Sector Banks, Private Sector Banks, Performance Analysis

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