A TOPSIS Approach to Evaluate the Financial Performance of Scheduled Commercial Banks in India

Journal Title: IOSR journal of Business and Management - Year 2019, Vol 21, Issue 1

Abstract

In a liberalizing economy, the banking and financial sector assume top priority. Globalization requires adhering to standards and yardsticks that are universally applicable. Although, prospects for the Indian banking industry remain optimistic, it is being affected by the dynamic and highly competitive global banking environment. Hence, the financial performance of the Scheduled Commercial Banks in India was assessed with a view to explore the financial soundness of the banks using the multiple criteria decision - making approach (TOPSIS). A total of 40 Scheduled Commercial Banks were selected on the basis of the advances provided, amounting to a minimum of Rs.1,500 billions as on 31-03-2014. The study covered a period of 16 years from 1999-2000 to 2014-2015. The data was collected from the secondary sources and an expert opinion was obtained to assign the weights to the ratios. The findings of the study indicated that the banks that effectively reduce their risks garners more profit and upholds consistency in their business.

Authors and Affiliations

Dr. A. R. Rihana Banu, Dr. G. Santhiyavalli

Keywords

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  • EP ID EP441194
  • DOI 10.9790/487X-2101022433.
  • Views 49
  • Downloads 0

How To Cite

Dr. A. R. Rihana Banu, Dr. G. Santhiyavalli (2019). A TOPSIS Approach to Evaluate the Financial Performance of Scheduled Commercial Banks in India. IOSR journal of Business and Management, 21(1), 24-33. https://europub.co.uk/articles/-A-441194