Evaluation of Solvency Position of Nationalized Banks in India (With use of the Bankometer & Altaman’s Techniques)
T. Durga Prasad1, Surendra Verru2
1Dr. T. Durga Prasad, Associate Professor, Aditya Global Business School, Aditya Group of Educational Institutions, Surampalem, East Godavari (Andhra Pradesh), India.
2Surendra Verru, Associate Professor, Aditya Global Business School, Aditya Group of Educational Institutions, Surampalem, East Godavari (Andhra Pradesh), India.
Manuscript received on 09 June 2019 | Revised Manuscript received on 30 June 2019 | Manuscript Published on 04 July 2019 | PP: 1119-1125 | Volume-8 Issue-1S4 June 2019 | Retrieval Number: A12090681S419/2019©BEIESP
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© The Authors. Blue Eyes Intelligence Engineering and Sciences Publication (BEIESP). This is an open access article under the CC-BY-NC-ND license (http://creativecommons.org/licenses/by-nc-nd/4.0/)
Abstract: Banking sector is the backbone of economic development. If a particular country had been effected due to inflation of money, financial crisis, imbalance of economy development and poor supply of money circulation etc…These are all causes which can be linked for the failure of the banking sector. If one country had affected these types of causes then it automatically effects another country also because some nation’s economy growth rate depends upon another nation’s economy so that is the reason all nations are accepted and recognized by the BASEL’s committee norms worldwide. The solvency position of banks structured and strengthens by BASEL committee norms which asses each and every bank, and also measures the financial soundness from within. Does Indian Nationalized banks following BASEL norms and what would be the financial position in the present era? To asses and evaluate the financial positions there are assorted authors suggested universally and accepted various techniques which are CAMEL, BANKOMETER (S-Score), ALTAMAN’s(Z-Score), SPRINGATE’s Model, OHLSON’s Model, ZMIJEWSKI Model, etc., However this present study purposes rationale for solvency of selected 19 Nationalized banks in India by Ataman’s(Z-score) and Bankometer (S-score)models since 2014 then to 2018.
Keywords: Altaman’s, Bankometer, Nationalized Banks, Solvency, BASEL Norms.
Scope of the Article: e-governance, e-Commerce, e-business, e-Learning