STUDY ON PROFITABILITY OF SELECTED PUBLIC SECTOR BANKS IN INDIA

ABSTRACT

Pro?tability is the main goal of all business ventures. The ?nancial health of any business can be measured through its pro?tability positions and business organizations cannot survive without pro?ts. In view of the signi?cance of improving pro?tability of the banking sector in recent years, the present study is aimed at examining the pro?tability of public sector banks of India using Return on Assets ratio. The result of the analysis carried out for the period 2010-11 to 2019-2020 shows ?nancial performance and positions of public sector banks. Public sector banks with increasing nonperforming assets are experiencing negative return on their assets in recent years which is deteriorating their pro?t