Prioritising the financial performance of Indian private sector banks by a hybrid MCDM approach

Pawan Kumar and Deergha Sharma

International Journal of Process Management and Benchmarking, 2024, vol. 16, issue 4, 490-511

Abstract: The present study has proposed a hybrid multi-criteria decision-making (MCDM) approach to assess the financial performance of the nine largest private sector banks operating in India between 2015-2016 to 2020-2021. The assessment has applied CRITIC to ascertain the weights of eleven selected performance parameters and TOPSIS to compute the ranking of private sector banks. Interval-valued TOPSIS (IV-TOPSIS) has been employed to assess the performance for the combined six-year period. The analysis found that 'operating expenses to total assets' is the most critical of all the financial performance parameters, and 'Bandhan Bank' is the top performer among all the examined banks. The study results benchmarked the financial performance indicators and shall facilitate trailing institutions to improve their financial health. The study has provided inputs to bank management and policymakers to determine the financial standing of private sector banks and suggested the operational parameters indispensable for efficient performance.

Keywords: financial performance; CRITIC; TOPSIS; interval-valued TOPSIS; IV-TOPSIS; multi-criteria decision-making; MCDM; private sector banks; India. (search for similar items in EconPapers)
Date: 2024
References: Add references at CitEc
Citations:

Downloads: (external link)
http://www.inderscience.com/link.php?id=137145 (text/html)
Access to full text is restricted to subscribers.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:ids:ijpmbe:v:16:y:2024:i:4:p:490-511

Access Statistics for this article

More articles in International Journal of Process Management and Benchmarking from Inderscience Enterprises Ltd
Bibliographic data for series maintained by Sarah Parker ().