Abstract
The study has been undertaken to analyze the profitability of Canara Bank for the study period of ten years from 2004-05 to 2013-14. The study required accounting data of the bank; they were collected from their annual reports for the above period and other internet sources. The study used ratio analysis as a financial tool and mean, standard deviation (SD), coefficient of variation (CV), and compound annual Growth Rate (CAGR) as statistical tools. The results of the study reported that the profitability performance of the bank was good during the study period. It was also found that the total interest income and interest expenses of the bank increased considerably during the study period, which revealed the good operating performance of the bank. Overall, the profitability of Canara Bank was good during the study period.
Keywords: profitability, deposits, interest income, and interest expenses.
References
Annual reports of Canara Bank from 2004-05 to 2013-14.
www.rbi.org.in
Panda, J. and Lall, G.S. (1991), “A Critical Appraisal on the Profitability of Commercial Banks,” Indian Journal of Banking and Finance, Vol.5, No.2, pp. 40-44.
Dash, D.K., (2000), “Financial Performance Evaluation through Ratio Analysis – A Case of Nawanozar Cooperative Bank, Jamnagar (Gujrat),” Indian Cooperative Review, Vol. 37, No. 3, January, pp. 162-170.