Major determinants of profitability on banking industry (An empirical research)

Abstract

Banking industry is a backbone of any country including developed, developing and under developed countries. The prosperity of a country depends upon all important sectors that are responsible for promoting trade, industry, agriculture and commerce. In other words it can be said that the banking industry’s a key player of and country. Today, the meaning of banking has gone beyond the basic function of receiving deposits and lending advances. Banks promote good Indian as well as foreign trade. The basic objective of this research is to assess impact of important determinant on the financial performance and profitability. Since, the term research is limit less the focus is being reduced to a few selected private sector banks to know that they are playing a crucial role in determining important factors on the financial performance and profitability of the said banks during the period of 2014 to 2017. The period was selected because the new Government during the period took important decisions on demonetization and goods and services tax Act.