ANALYSIS OF THE BANKING SECTOR WITH SPECIAL WITH SPECIAL REFERENCE TO THE FEDERAL BANK LIMITED

Abstract

This study has been undertaken in order to study the intricacies of the Banking Sector in India and to evaluate The Federal Bank Limited in detail. Banking Sector is one of the most important sectors as it plays a major role in the growth of the economy by providing credit to businesses and the common man. Thus, it is of utmost importance to have knowledge about the sector to understand the future prospects of the economy. Banking Sector was one of the worst-hit due to the Covid-19 pandemic and has struggled over the past few years. The last 2-3 years have been painful for the sector as a whole and shareholders have been waiting for returns. The credit growth in the economy was lackluster and the bankers were cautious in their approach. However, the green shoots are now visible in the economy and credit growth is picking up. The Central Government has been giving special focus on infrastructure and the private CAPEX is slowly picking up, pointing to the good days ahead for the banking sector. GST collections too, have been picking up over the past few months and are now at record INR 1,68,000 crores for the month of April 2022. The data for this study has been collected from secondary sources like Annual Reports, Quarterly Results released by the bank, Conference Calls conducted by banks, RBI reports, articles from various websites, and journals.