Economic development is heavily reliant on the allocation and optimal use of resources, as well as the operational effectiveness of the many sectors, of which the banking industry is a key player. The banking industry facilitates monetary policy and aids in the promotion of capital formation, innovation, and monetization. Carefully assessing and analyzing bank performance is essential to maintaining a sound financial system and a productive economy. Using a five-year timeframe from 2017-18 to 2021-22, the current study aims to assess the financial performance of a few private sector banks in India using the CAMEL model.
Jena et al. (Thu,) studied this question.
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