This research paper employs multi-criteria decision analysis techniques, specifically TOPSIS and WASP AS, to evaluate and rank the top 5 Indian banks based on various financial and operational criteria. The study considers factors such as Price, Market capitalisation, TTM PE (Trailing Twelve Months Price Earnings ratio, Return on Equity, Capital Adequacy Ratio (CAR), Interest Earned, and Net Interest Margin (NIM).
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Seth et al. (2024) studied this question.
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