A COMPARATIVE STUDY ON THE PERFORMANCE OF SELECTED PUBLIC SECTOR AND PRIVATE SECTOR BANK IN INDIA

Abstract

Banks boost economies by mobilizing capital, providing loans, facilitating commerce, and encouraging industrial and agricultural expansion. Banking in India has evolved from a cautious financial middleman to a proactive, technologically sophisticated service provider. Public and private entities dominate India's financial sector. Consider these industries' economic impact, efficiency, performance, and service quality. Following 1991 economic liberalization, Indian banking changed significantly. State banks were almost monopolies pre-reform. Deregulation boosted private bank innovation, client service, and competitiveness. This adjustment affected client expectations, policies, performance goals, and bank operations. Academics and politicians must compare public and private banks.