Measuring Performance of Small Finance Bank in India
Author : Dr. Punam Chand and Dr. Sunil Poonia
Abstract :
The RBI granted preliminary clearance to 10 businesses to establish Small Finance Banks (SFBs) on September 16, 2015. (Press Release-1). This followed the RBI's 19th August 2015 statement approving eleven businesses to set up "Payment Banks". Small Finance Banks (SFBs) are a new financial institution in the Indian banking system (SFBs). These banks will be required to provide basic banking and credit services with a distinctive banking model to a wider clientele. Since then it was felt that these banks or performing for the growth of the country or not and it is only possible when they grow them self. This paper will analyze the growth of small finance banks during the period of three years 2019 to 2021. This paper measures the performance of these banks from A-Z find out their contribution for the country. For this purpose, all the (ten) small finance banks are selected end their deposits, investment, advances, assets, income, profits, credit deposit ratio and other variables are analyzed by using statistical method namely ANNOVA.
Keywords :
Small finance banks, deposits, investment, advances, assets, income, profits, credit deposit ratio
