PUNJAB NATIONAL BANK AND ITS FINANCIAL WELLBEING: A PERFORMANCE EVALUATION

Abstract

A robust banking system is crucial for the economic advancement of any contemporary country and India, certainly, is not granted any exception to this. Punjab National Bank, a prominent government-owned bank in India has been instrumental in shaping the nation’s financial landscape. The strength of the banking system is undeniably essential as it fosters public trust and equips banks to fulfill their social obligations effectively. This underscores the importance of analyzing their financial performance to forecast future outcomes. A host of criteria are employed to gauge the financial accomplishment of banks. The paper seeks to assess the financial solvency of Punjab National Bank. Employing a descriptive and analytical approach, the research utilizes secondary data and various financial ratios to assess its performance. The analysis focuses on three primary indicators: profitability, liquidity and credit performance. The findings indicate that advances and deposits significantly enhanced the bank's profitability. This suggests that the bank is performing well and maintaining strong financial health during the study period.