A review article on evolution and income of selected public sector banks in India

Abstract

In response to raising number of banks in India, the study seeks to contribute to the debate relating to public sector banks in Indian context. The stakes in the study are quite high and the study need to be informed by history, theory as well as objective reality of public sector banks operating in India. In this context, the present study contributes the analysis of income and the evolution of public banks, beginning with the colonial era, up to the current period. It carries on the analysis till 2014 and concludes that public sector banks enjoy high profits despite the existence of private sector banks, cooperative banks, rural banks and also foreign banks