A COMPARATIVE STUDY ON FINANCIAL PERFORMANCE OF HDFC BANK AND AXIS BANK

Financial Statements are those statements which deliver information about profitability, efficiency and financial position of the concern. Financial statements analysis is a powerful instrument for a variety of users of financial statements. Different users have different objectives in wisdom about the financial circumstances of the concern. Financial statements deliver information to investors, debtors, creditors, stakeholder and public about the financial position, financial condition, efficiency and performance of the business. The financial statements analysis is a process of evaluating the relationship between component parts of financial statement to obtain a better understanding of a firm’s position and performance. It includes profit & loss account or income statement, balance sheet, fund flow statement, cash flow statement, trend analysis and ratio analysis. With the help of this paper, we want to compare the performance, financial position and efficiency of HDFC and Axis Bank through the ratio analysis.