• Dr O C ALOYSIUS

FINANCIAL SOUNDNESS OF COMMERCIAL BANKS IN INDIA: AN APPLICATION OF BANKOMETER MODEL Dr. O C Aloysius Associate Professor of Commerce Government College, Kattappana, Kerala ABSTRACT The banking sector in India is undergoing tremendous changes in India since economic liberalisation and banking sector reforms. The sector witnessed the entry of new banks both domestic and foreign in to the industry which paved the way for a war between the technology based banking and traditional branch based banking. This war changed the face of Indian banking sector in many ways. The sector grows at a faster rate and stand as a strong supporter behind the economic development of our country. A strong banking system is the backbone of economic growth. Recently the industry is facing a lot of threats within and outside the system which may affect the financial health of the system mainly the mounting of bad loans, cyber threats and bank frauds. Financial soundness plays a major role in creating an image for a business, which helps the stakeholders to assess the performance of the concern. Soundness of a business has a great impact on the earnings quality, efficiency, asset quality, share prices and liquidity. CAMELS model is used internationally to check the soundness of banks based on various ratios. Bankometer model is used in the study which is based on the financial soundness indicators revealed by the IMF. The study is an attempt to analyse the soundness of select public sector and private sector banks in India for a period of three years (2015-16 to 2017-18). In terms of financial soundness and solvency all the banks are found super sound and solvent. The S score of private sector banks especially the new generation private sector banks are better than public sector banks. There is significant difference in the financial soundness of public sector banks and the private sector banks. Keywords: Financial soundness, bankometer

FINANCIAL SOUNDNESS, BANKOMETER

"FINANCIAL SOUNDNESS OF COMMERCIAL BANKS IN INDIA: AN APPLICATION OF BANKOMETER MODEL", International Journal of Emerging Technologies and Innovative Research (www.jetir.org), ISSN:2349-5162, Vol.5, Issue 11, page no.530-540, November-2018, Available :http://www.jetir.org/papers/JETIR1811877.pdf

"FINANCIAL SOUNDNESS OF COMMERCIAL BANKS IN INDIA: AN APPLICATION OF BANKOMETER MODEL", International Journal of Emerging Technologies and Innovative Research (www.jetir.org | UGC and issn Approved), ISSN:2349-5162, Vol.5, Issue 11, page no. pp530-540, November-2018, Available at : http://www.jetir.org/papers/JETIR1811877.pdf