A Study on Financial Performance of Canara Bank with Special Reference to Coimbatore City

S. Shankarii
Assistant Professor, Department of Management Studies,
Hindusthan college of Arts and Science, Coimbatore, Tamil Nadu, India
Dr. E. Muthukumar
Research Guide, Department of Management Studies,
Nehru College of Management, Coimbatore, Tamil Nadu, India
International Conference on Transcending Boundaries in Corporate World (CRYSTAL – 2017)
PG and Research Department of Commerce with Computer Applications,
Hindusthan College of Arts and Science (A), Coimbatore, Tamil Nadu, India
Shanlax International Journal of Commerce
Volume 6, Special Issue 1, December 2017, ISSN: 2320-4168, Pages: 31-38

Abstract

Finance function is defined as the procurements of funds and their effective utilization. Finance is that business activity which is concerned with the acquisition and conservation of capital fund in meeting financial needs an overall objective of a business enterprise. Banking is a vast subject many economic researchers have studying and focusing their attention on various spheres of banking. The objective of the study is to analyze the financial performance of Canara Bank in Coimbatore City. For analysis the tools used are financial statement analysis, Trend analysis & Ratio Analysis has been used. It is found that Fixed and current deposits have shown an increasing trend. Equity shareholders are also enjoying an increasing trend in the return on their capital. Though current assets and liabilities (current liquidity) of the bank is not so satisfactory but bank has succeeded in maintaining a stable solvency position over the years.

Keywords

Financial performance, Canara Bank
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