Performance Evaluation of Select Banks using CAMELS Model

Banks play a crucial part in economic development by motivating and mobilizing savings and channelling it to those who need it.The growth the business firms depends on the financial institutions.Therefore, it is necessary for the economy of the country to prosper.Indian banking industry includes banks from public, private, foreign and cooperative sector.To support the country, the banks should do well and soundly.The paper aimed to know the performance of selected banks through application of CAMELS model.As of January 2024, there were 12 public sector and 22 private sector banks which forms population of the study.The top two public and private sector banks were chosen using judgemental sample method.The select banks are State Bank of India and Canara Bank from public sector; and ICICI Bank and Axis Bank are from private sector.The study is based on annual reports from 2017-2018 to 2021-2022.The analysis found that there were differences in performance in different relationships.The performance of private banks appears to be better than public sector banks in all aspects.