International Journal of Commerce and Economics

authors
Sunil Kumar, Sunil Kumar

abstract
The financial sector and banking system are the two most important areas for development of any country. For balanced and accelerated economic growth, a strong and efficient financial system is essential. The supervision of banking sector in India is done by the central bank of India and it also control the money supply at national level. The major function of the banks are to keep the excess money of people in safe custody and to circulate this money to needy ones. Banks also provide the interest on the deposited money. We can say that banks are the backbone of our economy as they had direct bearing with financial and economic development. This paper tried to evaluate the performance of SBI, HDFC, and Saraswat Co-operative bank, and compare the performance of these banks. For this purpose data has been collected from annual reports of the banks for the period of 5 years 2017 to 2021. The study concluded that HDFC Bank lies on the top followed by Saraswat co-operative bank and State Bank of India (SBI) on 2nd and 3rd spot respectively. HDFC Bank is best among the three banks because it stood 1st in all the parameters of CAMEL approach. It is also found that SBI is the largest public sector bank of India but in terms of capital adequacy it is stood at 3rd position and hold second position in earning capability, asset quality and management quality. The study shows that SCB stood at 3rd in earning capabilities while at 2nd in other determinants. Overall out of these three banks HDFC Bank hold good position in all the parameters of CAMEL approach.