An Empirical Study on the Financial Health of Private Sector Banks in India through the Eagles Approach
DOI:
https://doi.org/10.29070/42k6xs94Keywords:
EAGLES Model, Financial Performance, Private Sector Banks, ANOVA, Asset QualityAbstract
Purpose: This paper has assessed the financial position of the chosen Indian private sector banks on the EAGLES framework that had estimated the performance on major aspects of key performance indicators, such as Earnings, Asset quality, Growth, Liquidity, Equity and Strategic success. The study will also seek to determine comparative financial strengths, operational stability, and strategic performance, as well as dissimilarities among top selected private sector banks.
Methodology: The researchers use a mixed-method research design, which involves analytical review and quantitative methods. The secondary data were gathered through annual reports (2019-2023) of three big private sector banks, HDFC Bank, ICICI Bank and IndusInd Bank. One-way ANOVA with a level of significance of 5% was used to evaluate the financial performance differences so that statistically significant differences in EAGLES parameters could be determined.
Findings: The findings indicate that there are massive differences in the financial performance of the sampled banks. ICICI Bank performed better in Earnings, Asset Quality, Equity, and Strategic Performance (II/IC), which implies high levels of profitability, proper management of credit risks, and adequacy of capital. IndusInd Bank performed very well in Growth, Liquidity, and NII/NIC, which displays efficient growth strategies and liquidity management. The performance of HDFC Bank was balanced with equal results, showing stability in operations and a continued financial state.
Contributions: The author uses the EAGLES model to examine the bank performance systematically, which is helpful to investors, policymakers, and banking professionals. It determines the various levels of strategic capabilities in the private sector banks and ensures that they are financially stable in general, to guide their informed investment and their decisions concerning policies.
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