International Journal of Marketing & Financial Management

International Journal of Marketing & Financial Management

Print ISSN : 2349 –2546

Online ISSN : 2348 –3954

Frequency : Monthly

Current Issue : Volume 6 , Issue 1
2018

THE EFFECTS OF DEMONETIZATION ON THE FINANCIAL PERFORMANCE OF INDIAN NSE-CNX BANKS USING CAMEL MODEL

*Mr. Nagji U. Chavda, **Dr. Pankaj K.Trivedi

*(Ph.D. Scholar), Supervisor Instructor – Govt. ITI Junagadh,    **Associate Professor K.K. Parekh Commerce College-Amreli

DOI : Page No : 11-22

Published Online : 2018-01-30

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ABSTRACT

                  “             The CAMEL rating system is a recognized international rating system that bank supervisory authorities use in order to rate financial institutions according to six factors represented by the acronym "CAMEL" Supervisory authorities assign each bank a score on a scale. Researcher has sampled 8 NSE-CNX Indian Nationalized Banks in which four Banks from Public Sector and other four Banks from Private Sector. This research study endeavor to find out the effects of demonetization on the NSE-CNX Banks financial performance through using the CAMEL Model. Demonetization is the act of stripping a currency unit of its status as legal tender. In The banks’ data, before and after demonetization, have been analyzed and tested with Excel Hypothesis Testing tool on the basis of five different parameters of CAMEL Model to find out the significant effects of Demonetization policy.

Keywords: NSE-CNX Banks, Demonetization, CAMEL Model