ABSTRACT

Banking industry plays an important role in development of a country. Bank is the backbone of a country. International studies showed that Indian banking performing well during recession period of 2008. Purpose of present study is measure and compares the financial performance and health of ICICI bank and Axis bank. Present study is descriptive in nature and researcher take a sample of two banks namely ICICI bank and Axis bank. Present study tries to compare the financial performance of two bank on different parameters like operating profit ratio, earning per share, assets turnover ratio, debt-equity ratio etc. this study purely based on secondary data that gathered from audit annual reports of bank, published research article, newspapers and websites. Study is relevant for the period of 2009-14. Ratio and percentage methods are used for analysis of data. For testing of hypothesis independent sample t-test is used. In the last, researcher concluded that performance of banking industry not only influenced by domestic factors but also a number of international factors influenced the banks performance. Despite all these challenges, we concluded that both performing well on net profit parameter. It also concluded that Axis bank generating more return on net worth compares to its rival ICICI bank. Axis bank performs well on earning per share, assets turnover and debt-equity parameters. Overall performance of Axis bank is good compare to ICICI Banks.

KEYWORDS: Financial performance, Ratio analysis, Independent sample t-test