| Abstract | ABSTRACT
Banking sector is one of the fastest growing sectors in India. Today’s banking sector becoming more
complex. Evaluating Indian banking sector is not an easy task. There are so many factors, which
need to be taken care while differentiating good banks from bad ones. Performance evaluation of the
banking sector is an effective measure and indicator to check the soundness of economic activities of
an economy. The contribution of RBI and other policy maker, the banking industry has witnessed
regulatory requirements like BASEL III norms. These regulatory changes have influenced prominent
improvement in efficiency and performance of the Indian Scheduled Commercial Banks in the past
few years. In the present study an attempt was made to evaluate the performance & financial
soundness of select public Sector Banks like Bank of Baroda, PNB, and Union bank of India, Bank
of India, and SBI using CAMEL approach from 2018 to 2022 as well one way ANOVA method.
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