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JIMS8M The Journal of Indian Management & Strategy
Year : 2021, Volume : 26, Issue : 2
First page : ( 22) Last page : ( 32)
Print ISSN : 0973-9335. Online ISSN : 0973-9343.
Article DOI : 10.5958/0973-9343.2021.00009.0

An evaluation of Indian stressed banks: A dupont analysis

Seble Gursimran Kaur1, Sahoo Bibhu Prasad2

1Research Scholar, SGTB Khalsa College, University of Delhi, New Delhi, India

2Department Head, Department of Business Economics, SGTB Khalsa College, University of Delhi, New Delhi, India

JEL Classification: G21, G34.

Online published on 18 September, 2021.

Abstract

Purpose

The main arena of this work is to use DuPont analysis to study common causes and determine the personal motivation behind the merger of 10 Indian public sector banks into four major banks.

Design/methodology/approach

The banks under analysis are Punjab National Bank (PNB), Oriental Bank of OBC), as well as United Bank, United Bank of India, Andhra Bank, Corporate Bank, Canara Bank, Syndicate Bank, Bank of India and Allahabad Bank. To this end, we used the annual data as of March 31, 2015 and the year ended March 31, 2019. The DuPont model divides ROE into three parts: net profit margin, total asset turnover rate and equity multiplier. The application of the DuPont model gives further bits of knowledge into the efficiency and financial performance of banks.

Findings

It turns out that there was no single common component of the DuPont model responsible for the merger of Indian Public Sector Banks. In this study, it was found that the reasons behind each bank's merger had no common ground.

Originality/value

The analysis presented in the current paper contributes to existing literature by steering a DuPont Analysis and determining whether a common factor is ultimately responsible for the merger of all ten public sector banks considered in the study. The findings provide useful insights to the policymakers and analysts into the study of Indian Stressed Banks.

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Keywords

DuPont Analysis, ROE, RETURN ON ASSETS, Merger, Indian Public Sector Banks.

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