TABLE OF CONTENTS Page No Acknowledgement List of Tables List of Charts

Chapter

I

Introduction and Design of Study Introduction Statement of problem Scope of the study Objectives of the study Methodology Collection of data Framework of analysis Period of the study Chapter scheme

1-4

II

An overview of Banking Sector Introduction Profile of company

5 - 18

An overview of Banking Sector SWOT analysis of banking sector Banking structure in India Summary III The Fundamental Analysis on Banking sector Introduction Process of fundamental analysis Fundamental analysis tools Economic analysis Industry analysis Company analysis Summary IV Summary of Findings, Suggestions and Conclusion Introduction Summary of findings Suggestions Conclusion 99 - 101 19 - 98

BIBLOGRAPHY APPENDIX

102

LIST OF TABLES Table No 3.1 3.2 3.3 3.4 3.5 3.6 3.7 3.8 3.9 3.10 3.11 3.12 3.13 3.14 3.15 3.16 Earning per share of SBI Price Earning Ratio of SBI Price to Book Value Ratio of SBI Dividend Payout Ratio of SBI Dividend Yield Ratio of SBI Book Value of SBI Return on Equity of SBI Earning per share of PNB Price Earning Ratio of PNB Price to Book Value Ratio of PNB Dividend Payout Ratio of PNB Dividend Yield Ratio of PNB Book Value of PNB Return on Equity of PNB Earning per share of BOB Price Earning Ratio of BOB Title Page No 40 41 42 43 44 45 46 50 51 52 53 54 55 56 60 61

3.17 3.18 3.19 3.20 3.21 3.22 3.23 3.24 3.25 3.26 3.27 3.28 3.29 3.30 3.31 3.32 3.33 3.34

Price to Book Value Ratio of BOB Dividend Payout Ratio of BOB Dividend Yield Ratio of BOB Book Value of BOB Return on Equity of BOB Earning per share of HDFC Price Earning Ratio of HDFC Price to Book Value Ratio of HDFC Dividend Payout Ratio of HDFC Dividend Yield Ratio of HDFC Book Value of HDFC Return on Equity of HDFC Earning per share of ICICI Price Earning Ratio of ICICI Price to Book Value Ratio of ICICI Dividend Payout Ratio of ICICI Dividend Yield Ratio of ICICI Book Value of ICICI

62 63 64 65 66 70 71 72 73 74 75 76 80 81 82 83 84 85

3.35 3.36 3.37 3.38 3.39 3.40 3.41 3.42

Return on Equity of ICICI Earning per share of AXIS Price Earning Ratio of AXIS Price to Book Value Ratio of AXIS Dividend Payout Ratio of AXIS Dividend Yield Ratio of AXIS Book Value of AXIS Return on Equity of AXIS

86 90 91 92 93 94 95 96

LIST OF CHARTS

Chart 2.1 3.1 3.2 3.3 3.4 3.5 3.6 3.7 3.8 3.9 3.10 3.11 3.12 3.13 3.14 3.15 Banking structure in India Process of fundamental analysis GDP growth from 1991-2011 Per capita income and Household savings FDI and Forex Reserves from 1991-2011 Exchange rates and Exports from 1991-2011 Snapshot of Indian Economy GDP growth rate Inflation rate Interest rate Population growth rate The industry life cycle Porter’s five competitive forces Shareholding pattern of State Bank of India Earnings per share of SBI Price Earning Ratio of SBI

Page No 15 20 24 25 25 26 26 27 28 29 30 33 34 39 40 41

3.16 3.17 3.18 3.19 3.20 3.21 3.22 3.23 3.24 3.25 3.26 3.27 3.28 3.29 3.30 3.31 3.32 3.33 3.34

Price to Book Value Ratio of SBI Dividend Payout Ratio of SBI Dividend Yield Ratio of SBI Book Value of SBI Return on Equity of SBI Shareholding pattern of PNB Earnings per share of PNB Price Earning Ratio of PNB Price to Book Value Ratio of PNB Dividend Payout Ratio of PNB Dividend Yield Ratio of PNB Book Value of PNB Return on Equity of PNB Shareholding pattern of BOB Earnings per share of BOB Price Earning Ratio of BOB Price to Book Value Ratio of BOB Dividend Payout Ratio of BOB Dividend Yield Ratio of BOB

42 43 44 45 46 49 50 51 52 53 54 55 56 59 60 61 62 63 64

3.35 3.36 3.37 3.38 3.39 3.40 3.41 3.42 3.43 3.44 3.45 3.46 3.47 3.48 3.49 3.50 3.51 3.52 3.53

Book Value of BOB Return on Equity of BOB Shareholding pattern of HDFC Earnings per share of HDFC Price Earning Ratio of HDFC Price to Book Value Ratio of HDFC Dividend Payout Ratio of HDFC Dividend Yield Ratio of HDFC Book Value of HDFC Return on Equity of HDFC Shareholding pattern of ICICI Earnings per share of ICICI Price Earning Ratio of ICICI Price to Book Value Ratio of ICICI Dividend Payout Ratio of ICICI Dividend Yield Ratio of ICICI Book Value of ICICI Return on Equity of ICICI Shareholding pattern of AXIS

65 66 69 70 71 72 73 74 75 76 79 80 81 82 83 84 85 86 89

3.54 3.55 3.56 3.57 3.58 3.59 3.60

Earnings per share of AXIS Price Earning Ratio of AXIS Price to Book Value Ratio of AXIS Dividend Payout Ratio of AXIS Dividend Yield Ratio of AXIS Book Value of AXIS Return on Equity of AXIS

90 91 92 93 94 95 96