A study of financial performance: a comparative analysis of axis and ICICI bank
Banking Sector plays an important role in economic development of a country. The banking system of India is featured by a large network of bank branches, serving many kinds of financial services of the customer. The Axis bank is a 3rd largest private sector bank in India. Headquarter of Axis is at Mumbai, the bank has 3,304 branches, 14,163 ATMs and 9 international offices. The Bank has 80 lakh customer services and 2.25crs transaction handed as on 31st March 2017. The Bank has 80 lakh customer services and 2.25crs transaction handed as on 31st March 2017. The Industrial Credit and Investment Corporation of India, popularly known as ICICI is 2nd largest and leading bank of private sector in India. The Bank has 4,850 branches and 13,882 ATMs in India as on 31st march, 2017. The main aim of this study is to examine the financial performance of Axis and ICICI Bank, both are private sector bank. The research is descriptive and analytical in nature. The data used for the study was entirely secondary nature. The present study is conducted to compare the financial performance of Axis and ICICI Bank on the basis of ratios such as credit deposit, net profit margin etc. The period of study taken is from the year 2012-13 to 2016-17. The study found that Axis is performing well and financially sound than ICICI Bank but in context of deposits and expenditure ICICI bank has better managing efficiency than Axis bank.