Final Project
Final Project
During an on-site bank exam, supervisors gather private information, such as details on
problem loans, with which to evaluate a bank's financial condition and to monitor its
compliance with laws and regulatory policies. A key product of such an exam is a
supervisory rating of the bank's overall condition, commonly referred to as a CAMELSC
rating. The acronym "CAMELSC" refers to the five components of a bank's condition that
are assessed: Capital adequacy, Asset quality, Management, Earnings, and Liquidity. A sixth
component, a bank's System and control was added; hence the acronym was changed to
CAMELSC. CAMELSC is basically a ratio-based model for evaluating the performance of
banks. Various ratios forming this model are explained below:
C- Capital Adequacy:
Capital base of financial institutions facilitates depositors in forming their risk perception
about the institutions. Also, it is the key parameter for financial managers to maintain
adequate levels of capitalization. Moreover, besides absorbing unanticipated shocks, it
signals that the institution will continue to honor its obligations. The most widely used
indicator of capital adequacy is capital to risk-weighted assets ratio (CRWA). According to
Bank Supervision Regulation Committee (The Basle Committee) of Bank for International
Settlements, a minimum 9 percent CRWA is required.
Capital adequacy ultimately determines how well financial institutions can cope with
shocks to their balance sheets. Thus, it is useful to track capital-adequacy ratios that take
into account the most important financial risks—foreign exchange, credit, and interest rate
risks—by assigning risk weightings to the institution’s assets.
A sound capital base strengthens confidence of depositors. This ratio is used to protect
depositors and promote the stability and efficiency of financial systems around the world.
The following ratios measure capital adequacy:
CRAR is a ratio of Capital Fund to Risk Weighted Assets. Reserve Bank of India prescribes
Banks to maintain a minimum Capital to risk-weighted Assets Ratio (CRAR) of 9 % with
regard to credit risk, market risk and operational risk on an ongoing basis, as against 8 %
prescribed in Basel documents.
Total capital includes tier-I capital and Tier-II capital. Tier-I capital includes paid up equity
capital, free reserves, intangible assets etc. Tier-II capital includes long term unsecured
loans, loss reserves, hybrid debt capital instruments etc. The higher the CRAR, the stronger
is considered a bank, as it ensures high safety against bankruptcy.
This ratio indicates the degree of leverage of a bank. It indicates how much of the bank
business is financed through debt and how much through equity. This is calculated as the
proportion of total asset liability to net worth. ‘Outside liability’ includes total borrowing,
deposits and other liabilities. ‘Net worth’ includes equity capital and reserve and surplus.
Higher the ratio indicates less protection for the creditors and depositors in the banking
system.
Borrowings/ (Share Capital + reserves)
This is the ratio of the total advanced to total asset. This ratio indicates banks
aggressiveness in lending which ultimately results in better profitability. Higher ratio of
an advance of bank deposits (assets) is preferred to a lower one. Total advances also include
receivables. The value of total assets is excluding the revolution of all the assets.
Total Advances/ Total Asset
A – Asset Quality:
Asset quality determines the healthiness of financial institutions against loss of value in the
assets. The weakening value of assets, being prime source of banking problems, directly
pour into other areas, as losses are eventually written-off against capital, which ultimately
expose the earning capacity of the institution. With this backdrop, the asset quality is
gauged in relation to the level and severity of non-performing assets, adequacy of
provisions, recoveries, distribution of assets etc. Popular indicators include nonperforming
loans to advances, loan default to total advances, and recoveries to loan default ratios.
The solvency of financial institutions typically is at risk when their assets become impaired,
so it is important to monitor indicators of the quality of their assets in terms of overexposure
to specific risks, trends in nonperforming loans, and the health and profitability of bank
borrowers— especially the corporate sector. Share of bank assets in the aggregate financial
sector assets: In most emerging markets, banking sector assets comprise well over 80 per
cent of total financial sector assets, whereas these figures are much lower in the developed
economies.
Furthermore, deposits as a share of total bank liabilities have declined since 1990 in many
developed countries, while in developing countries public deposits continue to be dominant
in banks. In India, the share of banking assets in total financial sector assets is around 75 per
cent, as of end-March 2008. There is, no doubt, merit in recognizing the importance of
diversification in the institutional and instrument-specific aspects of financial intermediation
in the interests of wider choice, competition and stability. However, the dominant role of
banks in financial intermediation in emerging economies and particularly in India will
continue in the medium-term; and the banks will continue to be “special” for a long time.
In this regard, it is useful to emphasize the dominance of banks in the developing countries
in promoting non-bank financial intermediaries and services including in development of
debt-markets. Even where role of banks is apparently diminishing in emerging markets,
substantively, they continue to play a leading role in non-banking financing activities,
including the development of financial markets. One of the indicators for asset quality is the
Advances are classified into performing and non-performing advances (NPAs) as per RBI
guidelines. NPAs are further classified into sub-standard, doubtful and loss assets based on
the criteria stipulated by RBI. An asset, including a leased asset, becomes nonperforming
when it ceases to generate income for the Bank.
1. Interest and/or installment of principal remains overdue for a period of more than 90
days in respect of a term loan;
2. The account remains "out-of-order'' in respect of an Overdraft or Cash Credit
(OD/CC);
3. The bill remains overdue for a period of more than 90 days in case of bills purchased
and discounted;
4. A loan granted for short duration crops will be treated as an NPA if the installments
of principal or interest thereon remain overdue for two crop seasons; and
5. A loan granted for long duration crops will be treated as an NPA if the installments
of principal or interest thereon remain overdue for one crop season.
The Bank classifies an account as an NPA only if the interest imposed during any quarter is
not fully repaid within 90 days from the end of the relevant quarter. This is a key to the
stability of the banking sector. There should be no hesitation in stating that Indian banks
have done a remarkable job in containment of non-performing loans (NPL) considering the
overhang issues and overall difficult environment.
Net NPAs reflect the performance of banks. A high level of NPAs suggests high probability
of a large number of credit defaults that affect the profitability and net-worth of banks and
also wear down the value of the asset.
Loans and advances usually represent the largest asset of most of the banks. It monitors the
quality of the Bank’s loan portfolio. The higher the ratio, the higher the credits risk.
Sound management is one of the most important factors behind financial institutions’
performance. Indicators of quality of management, however, are primarily applicable to
individual institutions, and cannot be easily aggregated across the sector. Furthermore,
given the qualitative nature of management, it is difficult to judge its soundness just by
looking at financial accounts of the banks.
Nevertheless, total advance to total deposit, business per employee and profit per employee
helps in gauging the management quality of the banking institutions. Several indicators,
however, can jointly serve—as, for instance, efficiency measures do—as an indicator of
management soundness. The ratios used to evaluate management efficiency are described as
under:
This ratio measures the efficiency and ability of the banks management in converting the
deposits available with the banks (excluding other funds like equity capital, etc.) into high
earning advances. Total deposits include demand deposits, saving deposits, term deposit and
deposit of other bank. Total advances also include the receivables.
Revenue per employee is a measure of how efficiently a particular bank is utilizing its
employees. Ideally, a bank wants the highest business per employee possible, as it denotes
higher productivity. In general, rising revenue per employee is a positive sign that suggests
the bank is finding ways to squeeze more sales/revenues out of each of its employee.
This ratio shows the surplus earned per employee. It is arrived at by dividing profit after tax
earned by the bank by the total number of employee. The higher the ratio shows good
efficiency of the management.
Earnings and profitability, the prime source of increase in capital base, is examined with
regards to interest rate policies and adequacy of provisioning. In addition, it also helps to
support present and future operations of the institutions. The single best indicator used to
gauge earning is the Return on Assets (ROA), which is net income after taxes to total asset
ratio.
Strong earnings and profitability profile of banks reflects the ability to support present and
future operations. More specifically, this determines the capacity to absorb losses, finance
its expansion, pay dividends to its shareholders, and build up an adequate level of capital.
Being front line of defense against erosion of capital base from losses, the need for high
earnings and profitability can hardly be overemphasized. Although different indicators are
used to serve the purpose, the best and most widely used indicator is Return on Assets
(ROA).
However, for in-depth analysis, another indicator Interest Income to Total Income and
Other income to Total Income is also in used. Compared with most other indicators, trends
in profitability can be more difficult to interpret—for instance, unusually high profitability
can reflect excessive risk taking. The following ratios try to assess the quality of income in
terms of income generated by core activity – income from landing operations.
Dividend payout ratio shows the percentage of profit shared with the shareholders. The
more the ratio will increase the goodwill of the bank in the share market.
2) Return on Asset:
Net profit to total asset indicates the efficiency of the banks in utilizing their assets in
generating profits. A higher ratio indicates the better income generating capacity of the
assets and better efficiency of management in future.
Interest income is a basic source of revenue for banks. The interest income total income
indicates the ability of the bank in generating income from its lending. In other words, this
ratio measures the income from lending operations as a percentage of the total income
generated by the bank in a year. Interest income includes income on advances, interest on
deposits with the RBI, and dividend income.
Fee based income account for a major portion of the bank’s other income. The bank
generates higher fee income through innovative products and adapting the technology for
sustained service levels. The higher ratio indicates increasing proportion of fee-based
income. The ratio is also influenced by gains on government securities, which fluctuates
depending on interest rate movement in the economy.
L – Liquidity:
An adequate liquidity position refers to a situation, where institution can obtain sufficient
funds, either by increasing liabilities or by converting its assets quickly at a reasonable cost.
It is, therefore, generally assessed in terms of overall assets and liability management, as
mismatching gives rise to liquidity risk. Efficient fund management refers to a situation
where a spread between rate sensitive assets (RSA) and rate sensitive liabilities (RSL) is
maintained. The most commonly used tool to evaluate interest rate exposure is the Gap
between RSA and RSL, while liquidity is gauged by liquid to total asset ratio.
Initially solvent financial institutions may be driven toward closure by poor management of
short-term liquidity. Indicators should cover funding sources and capture large maturity
mismatches. The term liquidity is used in various ways, all relating to availability of, access
to, or convertibility into cash. An institution is said to have liquidity if it can easily meet its
needs for cash either because it has cash on hand or can otherwise raise or borrow cash. A
market is said to be liquid if the instruments it trades can easily be bought or sold in
quantity with little impact on market prices. An asset is said to be liquid if the market for
that asset is liquid.
The common theme in all three contexts is cash. A corporation is liquid if it has ready
access to cash. A market is liquid if participants can easily convert positions into cash— or
conversely. An asset is liquid if it can easily be converted to cash.
The ratios suggested to measure liquidity under CAMELSC Model are as follows:
Liquidity for a bank means the ability to meet its financial obligations as they come
due. Bank lending finances investments in relatively illiquid assets, but it fund its loans
with mostly short term liabilities. Thus one of the main challenges to a bank is ensuring its
own liquidity under all reasonable conditions. Liquid assets include cash in hand, balance
with the RBI, balance with other banks (both in India and abroad), and money at call and
short notice. Total asset include the revaluations of all the assets. The proportion of liquid
asset to total asset indicates the overall liquidity position of the bank.
This ratio measures the ability of a bank to meet the demand from deposits in a particular
year. Demand deposits offer high liquidity to the depositor and hence banks have to invest
these assets in a highly liquid form.
This ratio measures the liquidity available to the deposits of a bank. Total deposits include
demand deposits, savings deposits, term deposits and deposits of other financial institutions.
Liquid assets include cash in hand, balance with the RBI, balance with other banks (both in
India and abroad), and money at call and short notice.
Every business especially banks have to undergo internal control and general audit from time
to time. It is the responsibility of the banking entity and its directors to ensure that it has
complete and true accounting and related records. The fundamentals of internal control and
audit are needed for the well-being of the banking organization, safeguarding its assets, to
prepare financial statements and to comply with legislation. In this article we will hence deal
with the basic of internal control and audit for banks:
It is a known fact that your accounting system will be rendered useless and inadequate if it
does not have a system of appropriate internal controls. The fundamental objective of a
business also makes it the responsibility of the management to implement proper control
system. The management has to make sure that all important transactions of the banks are
properly recorded. Errors and irregularities which become apparent while processing
information should be thus easily removed due to the control and audit system. It also helps
Internal control for a bank is broadly classified into two: primary control and secondary
control. Primary control is related to the prevention of errors and irregularities. Now if an
error and irregularity is evident, primary control has to detect the same. Primary controls are
thus very important for banking activities. Secondary control on the other hand is related to
management’s review and scrutiny of budgets, accounts and other financial information. It
deals also with transactions and balances and the use of analytical techniques. Secondary
control activities are very similar to that used by auditors and inspectors in business.
Apart from control, another activity which is important for a business is the – Internal audit.
Internal audit or simply inspections are important part of banking system. They form a part of
the control, system used in banks. Internal audit usually deal with operational elements such
as granting of loans, checking loan procedures etc. These days internal audit also cover all
transactions and review of internal control. How frequent internal audit should be done,
depends on the management. If they think that the business deals with sufficient risky
activities, internal audits become a usual activity.
The objectives of the study were To describe the CAMEL Model of rating banking
institutions so as to catch up the comparative performance of various banks and To
study the performance of these 2 banks (SBI and ICICI) and to move in direction with
the Indian banking association report “Banking industry vision 2010” that some of the
Indian banks would become the global players in coming years.
And the study shows that the investment policy of SBI is more conservative in
comparison to ICICI bank. Also, ICICI has succeeded in maintaining higher level of
management efficiency then SBI. On the whole, ICICI bank has performed better than
SBI.
The objective of the study was to examine performance and financial health of old
sector private banks of India in the context of new regulation and stiff competition.
And the result of overall ranks of the selected banks indicate that Federal bank is the
best bank, followed by Karur vysya bank ltd(KVB), South Indian bank, Jammu and
Kashmir bankand ING vysya bank in order.
The objective of the study was to understand the relevance of CAMELs model in
assessing performance of banks.
And by analyzing the data, it was found that both the banks are fundamentally sound
but with moderate weakness in regard to one or more component of CAMELS’. the
Dhanalakshmi Bank leads in capital adequacy, asset quality, liquidity whereas south
Indian bank leads in rest of the parameters. Overall the performance of Dhanalakshmi
Bank is comparatively better than that of south Indian bank.
The objective of the study was to find out the awareness level as well as perception
among bank employees about CAMEL rating and the efforts made by them for
improving the ratings of their banks.
And the empirical evidence in this study shows that the Nigerian banks preference for
improved liquidity does not actually enhance the loan to deposit ratio. The weak and
insignificant correlation between the ratio of loan-to-total assets and bank profitability
measures confirm the declining impact of the bank loans portfolio. Although positive
and significant relationship between capital adequacy and bank solvency justifies
current regulatory intervention in the form of increase capital requirement.
The objectives of the study were to make a comparative analysis of the financial
soundness of old private sector banks(OPBs) in India for the ten years period (FY
2000 to 2009) using CAMEL model, to benchmark the relative position of Kerala
based OPBs (KOPBs) in respect of financial soundness with other OPBs in India and
to draw broad conclusions regarding the relative financial position of individual
KOPBs and accordingly to suggest appropriate strategies for their enhanced
competitiveness.
And It is quite clear from the conclusion that all the KOPBs are lagging behind the
‘Best in Class’ in financial soundness. Only one KOPB has got financial soundness
that is comparable with even the national average. This indicates that the other three
KOPBs have to struggle hard for their survival and growth.
State Bank of India (SBI) is the largest state-owned banking and financial services
company in India. The bank traces its ancestry to British India, through the Imperial Bank of
India, to the founding in 1806 of the Bank of Calcutta, making it the oldest commercial bank
in the Indian Subcontinent. Bank of Madras merged into the other two presidency banks,
Bank of Calcutta and Bank of Bombay to form Imperial Bank of India, which in turn became
State Bank of India. The government of India nationalized the Imperial Bank of India in
1955, with the Reserve Bank of India taking a 60% stake, and renamed it the State Bank of
India. In 2008, the government took over the stake held by the Reserve Bank of India.
SBI provides a range of banking products through its vast network of branches in India and
overseas, including products aimed at non-resident Indians (NRIs). The State Bank Group,
with over 16,000 branches, has the largest banking branch network in India. It’s also
considered as the best bank even abroad ,having around 130 branches overseas [including 1
ADB]and one of the largest financial institution in the world . With an asset base of $352
billion and $285 billion in deposits, it is a regional banking behemoth. It has a market share
among Indian commercial banks of about 20% in deposits and advances, and SBI accounts
for almost one-fifth of the nation's loans.
The State Bank of India is the 29th most reputed company in the world according to Forbes.
Also SBI is the only bank to get featured in the coveted "top 10 brands of India" list in an
annual survey conducted by Brand Finance and The Economic Times in 2010.
The State Bank of India is the largest of the Big Four Banks of India, along with ICICI Bank,
Punjab National Bank and Canara Bank — its main competitors. and" GUINNESS BOOK
OF WORLD RECORD " that 56 million transactions happening per day all over the world is
definitely an achievement
The Industrial Development Bank of India Limited (IDBI) is one of India's leading public
sector banks and 4th largest Bank in overall ratings. RBI categorized IDBI as an "other public
sector bank". It was established in 1964 by an Act of Parliament to provide credit and other
facilities for the development of the fledgling Indian industry. [2] It is currently 10th largest
development bank in the world in terms of reach with 1300 ATMs, 758 branches and 513
centers.[3] Some of the institutions built by IDBI are the National Stock Exchange of India
(NSE), the National Securities Depository Services Ltd (NSDL), the Stock Holding
Corporation of India (SHCIL), the Credit Analysis & Research Ltd, the Export-Import Bank
of India(Exim Bank), the Small Industries Development Bank of India(SIDBI), the
Entrepreneurship Development Institute of India, and IDBI BANK, which today is owned by
the Indian Government, though for a brief period it was a private scheduled bank.
IDBI has played a pioneering role, particularly in the pre-reform era (1964–91),in catalyzing
broad based industrial development in the country in keeping with its Government-
ordained ‘development banking’ charter. In pursuance of this mandate, IDBI’s activities
transcended the confines of pure long-term lending to industry and encompassed, among
others, balanced industrial growth through development of backward areas, modernization
of specific industries, employment generation, entrepreneurship development along with
support services for creating a deep and vibrant domestic capital market, including
development of apposite institutional framework.
Products-Investment Banking
Consumer Banking
Commercial Banking
Retail Banking
Private Banking
Asset Management
Pensions
Mortgage loans
Credit Cards
Life insurance
Punjab National Bank (PNB) is the third largest bank in India. It was registered on May 19,
1894 under the Indian Companies Act with its office in Anarkali Bazaar Lahore. Today, the
Bank is the second largest state owned commercial bank in India with about 5000 branches
across 764 cities. It serves over 37 million customers. The bank has been ranked 248th
biggest bank in the world by the Bankers Almanac, London. The bank's total assets for
financial year 2007 were about US$60 billion. PNB has a banking subsidiary in the UK, as
well as branches in Hong Kong, Dubai and Kabul, and representative offices in Almaty,
Dubai, Oslo, and Shanghai.
Punjab National Bank is one of the Big Four Banks of India, along with ICICI Bank, State
Bank of India and Canara Bank .
Founded-1908
Bank of Baroda (BOB) is the third largest bank in India, after the State Bank of India and the
Punjab National Bank and ahead of ICICI Bank. BOB has total assets in excess of Rs. 2.27
lakh crores, or Rs. 2,274 billion, a network of over 3,000 branches and offices, and about
1,100 ATMs. IT plans to open 400 new branches in the coming year. It offers a wide range of
banking products and financial services to corporate and retail customers through a variety of
delivery channels and through its specialized subsidiaries and affiliates in the areas of
investment banking, credit cards and asset management. Its total business was Rs. 4,402
billion as of June 30.
As of August 2010, the bank has 78 branches abroad and by the end of FY11 this number
should climb to 90. In 2010, BOB opened a branch in Auckland, New Zealand, and its tenth
branch in the United Kingdom. The bank also plans to open five branches in Africa. Besides
branches, BOB plans to open three outlets in the Persian Gulf region that will consist of
ATMs with a couple of people.
The Maharajah of Baroda, Sir Sayajirao Gaekwad III, founded the bank on 20 July 1908 in
the princely state of Baroda, in Gujarat. The bank, along with 13 other major commercial
banks of India, was nationalized on 19 July 1969, by the government of India.
Headquarters-Mumbai, India
Products-Commercial Banking
Retail Banking
Private Banking
Asset Management
Mortgages
Credit Cards
Secondary objective: -
DATA COLLECTION
Source: - Banks
1) Capital Adequacy:
2009-2010
2008-2009
IDBI
2007-2008 PNB
BOI
BOB
SBI
2006-2007
2005-2006
0 2 4 6 8 10 12 14 16
2009-2010
2008-2009
IDBI
2007-2008 PNB
BOI
BOB
SBI
2006-2007
2005-2006
2009-2010
2008-2009
IDBI
2007-2008 PNB
BOI
BOB
SBI
2006-2007
2005-2006
0 10 20 30 40 50 60 70
2009-2010
2008-2009
IDBI
2007-2008 PNB
BOI
BOB
SBI
2006-2007
2005-2006
2009-2010
2008-2009
IDBI
2007-2008 PNB
BOI
BOB
SBI
2006-2007
2005-2006
0 10 20 30 40 50 60 70 80 90
2009-2010
2008-2009
IDBI
2007-2008 PNB
BOI
BOB
SBI
2006-2007
2005-2006
0 5 10 15 20 25 30
2009-2010
2008-2009
IDBI
2007-2008 PNB
BOI
BOB
SBI
2006-2007
2005-2006
0 2 4 6 8 10 12 14
2009-2010
2008-2009
IDBI
2007-2008 PNB
BOI
BOB
SBI
2006-2007
2005-2006
0 5 10 15 20 25 30 35
Return on Asset:
2009-2010
2008-2009
IDBI
2007-2008 PNB
BOI
BOB
SBI
2006-2007
2005-2006
2009-2010
2008-2009
IDBI
2007-2008 PNB
BOI
BOB
SBI
2006-2007
2005-2006
76 78 80 82 84 86 88 90 92
2009-2010
2008-2009
IDBI
2007-2008 PNB
BOI
BOB
SBI
2006-2007
2005-2006
0 5 10 15 20 25 30 35 40
6.1.5) Liquidity:
2009-2010
2008-2009
IDBI
2007-2008 PNB
BOI
BOB
SBI
2006-2007
2005-2006
0 2 4 6 8 10 12 14 16 18
2009-2010
2008-2009
IDBI
2007-2008 PNB
BOI
BOB
SBI
2006-2007
2005-2006
0 5 10 15 20 25
H1- The financial performance of SBI is slightly greater than other 4 banks
H2- The financial performance of each of the 4 banks (other than SBI) is greater than the average
performance of top 5 banks
H3- The financial performance of SBI is slightly greater than average performance of top 5
nationalized banks in India.
CRAR
t-Test: Paired Two Sample for Means
SBI BOB
Mean 13.066 13.36
Variance 0.90093 1.04255
Observations 5 5
Pearson Correlation 0.453977187
Hypothesized Mean
Difference 0
df 4
t Stat -0.637466637
P(T<=t) one-tail 0.279240937
t Critical one-tail 2.131846782
P(T<=t) two-tail 0.558481873
t Critical two-tail 2.776445105
As p (cal) is greater than p (tab) so we accept the null hypothesis
SBI BOB
Mean 118.4 48.454
796.325
Variance 591.8 1
Observations 5 5
Pearson Correlation 0.506736035
Hypothesized Mean
Difference 0
df 4
t Stat 5.943917394
P(T<=t) one-tail 0.002009196
t Critical one-tail 2.131846782
P(T<=t) two-tail 0.004018393
t Critical two-tail 2.776445105
SBI BOB
Mean 57.4 59.376
17.8844
Variance 8.8 3
Observations 5 5
Pearson Correlation 0.596003065
Hypothesized Mean
Difference 0
df 4
t Stat -1.290075051
P(T<=t) one-tail 0.133276723
t Critical one-tail 2.131846782
P(T<=t) two-tail 0.266553445
t Critical two-tail 2.776445105
As p (cal) is greater than p (tab) so we reject the null hypothesis
SBI BOB
Mean 75.106 69.71
Variance 16.69573 18.9066
Observations 5 5
Pearson Correlation 0.429065521
Hypothesized Mean
Difference 0
df 4
t Stat 2.674298426
P(T<=t) one-tail 0.027778474
t Critical one-tail 2.131846782
P(T<=t) two-tail 0.055556947
t Critical two-tail 2.776445105
As p (cal) is greater than p (tab) so we acceptthe null hypothesis
SBI BOB
Mean 21.388 22.314
10.7520
Variance 4.74012 3
Observations 5 5
Pearson Correlation -0.724269505
Hypothesized Mean
Difference 0
df 4
t Stat -0.407385712
P(T<=t) one-tail 0.352292146
t Critical one-tail 2.131846782
P(T<=t) two-tail 0.704584292
t Critical two-tail 2.776445105
As p (cal) is greater than p (tab) so we accept the null hypothesis
Return on assets
t-Test: Paired Two Sample for Means
SBI BOB
Mean 0.932 0.956
Variance 0.00767 0.03468
Observations 5 5
Pearson Correlation 0.267330963
Hypothesized Mean
Difference 0
df 4
t Stat -0.292639408
P(T<=t) one-tail 0.392175086
t Critical one-tail 2.131846782
P(T<=t) two-tail 0.784350173
t Critical two-tail 2.776445105
As p (cal) is greater than p (tab) so we accept the null hypothesis
SBI BOB
Mean 19.476 14.408
Variance 105.10988 0.77622
Observations 5 5
Pearson Correlation -0.408437001
Hypothesized Mean
Difference 0
df 4
t Stat 1.064815765
P(T<=t) one-tail 0.173483724
t Critical one-tail 2.131846782
P(T<=t) two-tail 0.346967448
t Critical two-tail 2.776445105
As p (cal) is greater than p (tab) so we accept the null hypothesis
SBI BOB
Mean 83.4 85.592
Variance 0.3 0.77622
Observations 5 5
Pearson Correlation 0.510815283
Hypothesized Mean
Difference 0
df 4
t Stat -6.418142387
P(T<=t) one-tail 0.001514515
t Critical one-tail 2.131846782
P(T<=t) two-tail 0.00302903
t Critical two-tail 2.776445105
As p (cal) is greater than p (tab) so we reject the null hypothesis
SBI BOB
SBI BOB
Mean 14.2 14.18
Variance 11.2 0.8788
Observations 5 5
Pearson Correlation 0.061358778
Hypothesized Mean
Difference 0
df 4
t Stat 0.013077875
P(T<=t) one-tail 0.495095972
t Critical one-tail 2.131846782
P(T<=t) two-tail 0.990191944
t Critical two-tail 2.776445105
As p (cal) is greater than p (tab) so we accept the null hypothesis
SBI BOB
Mean 4.608 7.112
Variance 1.91837 5.94177
SBI BOB
Mean 3.494 4.57
Variance 1.38943 5.92285
Observations 5 5
Pearson Correlation 0.898275696
Hypothesized Mean
Difference 0
df 4
t Stat -1.637639213
P(T<=t) one-tail 0.088419443
t Critical one-tail 2.131846782
P(T<=t) two-tail 0.176838886
t Critical two-tail 2.776445105
As p (cal) is greater than p (tab) so we accept the null hypothesis
SBI BOB
Mean 1.746 0.518
Variance 0.01408 0.05197
Observations 5 5
Pearson Correlation 0.238071924
CRAR
t-Test: Paired Two Sample for Means
SBI BOI
Mean 13.066 12.098
Variance 0.90093 0.87057
Observations 5 5
Pearson Correlation 0.897834374
Hypothesized Mean Difference 0
df 4
t Stat 5.084605893
P(T<=t) one-tail 0.003528991
t Critical one-tail 2.131846782
P(T<=t) two-tail 0.007057981
t Critical two-tail 2.776445105
As p (cal) is greater than p (tab) so we accept the null hypothesis
SBI BOI
Mean 118.4 105.204
Variance 591.8 1392.06533
Observations 5 5
Pearson Correlation 0.913356077
SBI BOI
Mean 57.4 61.224
Variance 8.8 5.30258
Observations 5 5
Pearson Correlation 0.33604106
Hypothesized Mean Difference 0
df 4
t Stat -2.77253191
P(T<=t) one-tail 0.025100335
t Critical one-tail 2.131846782
P(T<=t) two-tail 0.050200671
t Critical two-tail 2.776445105
As p (cal) is greater than p (tab) so we accept the null hypothesis
SBI BOI
Mean 75.106 72.936
Variance 16.69573 7.39783
Observations 5 5
Pearson Correlation 0.471107793
Hypothesized Mean Difference 0
df 4
t Stat 1.314685603
P(T<=t) one-tail 0.129462983
SBI BOI
Mean 21.388 18.89
Variance 4.74012 27.29945
Observations 5 5
Pearson Correlation -0.196219439
Hypothesized Mean Difference 0
df 4
t Stat 0.924503536
P(T<=t) one-tail 0.203774149
t Critical one-tail 2.131846782
P(T<=t) two-tail 0.407548298
t Critical two-tail 2.776445105
As p (cal) is greater than p (tab) so we accept the null hypothesis
Return on assets
t-Test: Paired Two Sample for Means
SBI BOI
Mean 0.932 1.006
Variance 0.00767 0.13048
Observations 5 5
Pearson Correlation 0.896471672
Hypothesized Mean Difference 0
df 4
t Stat -0.579861807
P(T<=t) one-tail 0.296550707
t Critical one-tail 2.131846782
P(T<=t) two-tail 0.593101415
t Critical two-tail 2.776445105
As p (cal) is greater than p (tab) so we accept the null hypothesis
SBI BOI
Mean 19.476 14.684
Variance 105.10988 1.20928
Observations 5 5
Pearson Correlation -0.069360217
Hypothesized Mean Difference 0
df 4
t Stat 1.031632612
P(T<=t) one-tail 0.180267077
t Critical one-tail 2.131846782
P(T<=t) two-tail 0.360534154
t Critical two-tail 2.776445105
As p (cal) is greater than p (tab) so we accept the null hypothesis
SBI BOI
Mean 83.4 85.4
Variance 0.3 1.3
Observations 5 5
Pearson Correlation -0.320256308
Hypothesized Mean Difference 0
df 4
t Stat -3.16227766
P(T<=t) one-tail 0.017054712
t Critical one-tail 2.131846782
P(T<=t) two-tail 0.034109423
t Critical two-tail 2.776445105
As p (cal) is greater than p (tab) so we rejectthe null hypothesis
SBI BOI
SBI BOI
Mean 14.2 12.8
Variance 11.2 2.7
Observations 5 5
Pearson Correlation 0.600099198
Hypothesized Mean Difference 0
df 4
t Stat 1.158648244
P(T<=t) one-tail 0.155530384
t Critical one-tail 2.131846782
P(T<=t) two-tail 0.311060767
t Critical two-tail 2.776445105
As p (cal) is greater than p (tab) so we accept the null hypothesis
SBI BOI
Mean 4.608 6.75
Variance 1.91837 6.40385
Observations 5 5
Pearson Correlation 0.998298188
Hypothesized Mean Difference 0
df 4
SBI BOI
Mean 3.494 4.24
Variance 1.38943 5.0216
Observations 5 5
Pearson Correlation 0.898906436
Hypothesized Mean Difference 0
df 4
t Stat -1.293833142
P(T<=t) one-tail 0.132687398
t Critical one-tail 2.131846782
P(T<=t) two-tail 0.265374795
t Critical two-tail 2.776445105
As p (cal) is greater than p (tab) so we accept the null hypothesis
SBI BOI
Mean 1.746 0.856
Variance 0.01408 0.25173
Observations 5 5
Pearson Correlation 0.444784009
Hypothesized Mean Difference 0
df 4
t Stat 4.313583225
P(T<=t) one-tail 0.006255295
t Critical one-tail 2.131846782
P(T<=t) two-tail 0.01251059
t Critical two-tail 2.776445105
As p (cal) is greater than p (tab) so we reject the null hypothesis
CRAR
t-Test: Paired Two Sample for Means
SBI PNB
Mean 13.066 13.178
Variance 0.90093 1.01657
Observations 5 5
Pearson Correlation 0.925272154
Hypothesized Mean Difference 0
df 4
t Stat -0.654266328
P(T<=t) one-tail 0.274324768
t Critical one-tail 2.131846782
P(T<=t) two-tail 0.548649535
t Critical two-tail 2.776445105
As p (cal) is greater than p (tab) so we accept the null hypothesis
SBI PNB
Mean 118.4 54.55
Variance 591.8 1303.2923
Observations 5 5
Pearson Correlation 0.674048743
Hypothesized Mean Difference 0
df 4
t Stat 5.353830214
P(T<=t) one-tail 0.002935271
t Critical one-tail 2.131846782
P(T<=t) two-tail 0.005870543
t Critical two-tail 2.776445105
As p (cal) is greater than p (tab) so we accept the null hypothesis
SBI PNB
Mean 75.106 70.348
Variance 16.69573 24.89732
Observations 5 5
Pearson Correlation 0.727359985
Hypothesized Mean Difference 0
df 4
t Stat 3.079767125
P(T<=t) one-tail 0.018469983
t Critical one-tail 2.131846782
P(T<=t) two-tail 0.036939966
t Critical two-tail 2.776445105
As p (cal) is greater than p (tab) so we reject the null hypothesis
SBI PNB
Mean 21.388 22.738
Variance 4.74012 32.35712
Observations 5 5
Pearson Correlation -0.051490036
Return on assets
t-Test: Paired Two Sample for Means
SBI PNB
Mean 0.932 1.22
Variance 0.00767 0.0338
Observations 5 5
Pearson Correlation 0.37885568
Hypothesized Mean Difference 0
df 4
t Stat -3.764143128
P(T<=t) one-tail 0.009852033
t Critical one-tail 2.131846782
P(T<=t) two-tail 0.019704066
t Critical two-tail 2.776445105
As p (cal) is greater than p (tab) so we reject the null hypothesis
SBI PNB
Mean 19.476 16.98
Variance 105.10988 20.557
Observations 5 5
Pearson Correlation -0.660737698
Hypothesized Mean Difference 0
df 4
t Stat 0.408037014
P(T<=t) one-tail 0.352071546
t Critical one-tail 2.131846782
P(T<=t) two-tail 0.704143092
SBI PNB
Mean 83.4 87.6
Variance 0.3 2.3
Observations 5 5
Pearson Correlation 0.842700972
Hypothesized Mean Difference 0
df 4
t Stat -8.5732141
P(T<=t) one-tail 0.000508331
t Critical one-tail 2.131846782
P(T<=t) two-tail 0.001016663
t Critical two-tail 2.776445105
As p (cal) is greater than p (tab) so we reject the null hypothesis
SBI PNB
Mean 9.5 10.876
Variance 0.5669 13.26688
Observations 5 5
Pearson Correlation -0.027767212
Hypothesized Mean Difference 0
df 4
t Stat -0.822726397
P(T<=t) one-tail 0.228440649
t Critical one-tail 2.131846782
P(T<=t) two-tail 0.456881299
t Critical two-tail 2.776445105
As p (cal) is greater than p (tab) so we accept the null hypothesis
SBI PNB
Mean 14.2 12.422
Variance 11.2 18.54692
Observations 5 5
Pearson Correlation -0.266119731
Hypothesized Mean Difference 0
df 4
t Stat 0.649945495
P(T<=t) one-tail 0.275583421
t Critical one-tail 2.131846782
P(T<=t) two-tail 0.551166841
t Critical two-tail 2.776445105
As p (cal) is greater than p (tab) so we accept the null hypothesis
SBI PNB
Mean 4.608 5.404
Variance 1.91837 3.68423
Observations 5 5
Pearson Correlation 0.992916094
Hypothesized Mean Difference 0
df 4
t Stat -3.130705663
P(T<=t) one-tail 0.017580656
t Critical one-tail 2.131846782
P(T<=t) two-tail 0.035161313
t Critical two-tail 2.776445105
As p (cal) is greater than p (tab) so we reject the null hypothesis
SBI PNB
SBI PNB
Mean 1.746 0.454
Variance 0.01408 0.04563
Observations 5 5
Pearson Correlation -0.638339847
Hypothesized Mean Difference 0
df 4
t Stat 9.521128888
P(T<=t) one-tail 0.000339692
t Critical one-tail 2.131846782
P(T<=t) two-tail 0.000679384
t Critical two-tail 2.776445105
As p (cal) is greater than p (tab) so we reject the null hypothesis
CRAR
t-Test: Paired Two Sample for Means
SBI IDBI
Mean 118.4 392.758
Variance 591.8 32310.51382
Observations 5 5
Pearson Correlation 0.209039728
Hypothesized Mean Difference 0
df 4
t Stat -3.480191113
P(T<=t) one-tail 0.012673793
t Critical one-tail 2.131846782
P(T<=t) two-tail 0.025347586
t Critical two-tail 2.776445105
As p (cal) is greater than p (tab) so we reject the null hypothesis
SBI IDBI
Mean 57.4 60.356
Variance 8.8 2.17333
Observations 5 5
Pearson Correlation 0.113073835
SBI IDBI
Mean 75.106 60.356
Variance 16.69573 2.17333
Observations 5 5
Pearson Correlation 0.495499413
Hypothesized Mean Difference 0
df 4
t Stat 9.183109066
P(T<=t) one-tail 0.000390469
t Critical one-tail 2.131846782
P(T<=t) two-tail 0.000780937
t Critical two-tail 2.776445105
As p (cal) is greater than p (tab) so we reject the null hypothesis
SBI IDBI
Mean 21.388 22.796
Variance 4.74012 3.22113
Observations 5 5
Pearson Correlation 0.876965199
Hypothesized Mean Difference 0
df 4
t Stat -2.991319879
P(T<=t) one-tail 0.020142785
t Critical one-tail 2.131846782
P(T<=t) two-tail 0.04028557
Return on assets
t-Test: Paired Two Sample for Means
SBI IDBI
Mean 0.932 0.634
Variance 0.00767 0.00393
Observations 5 5
Pearson Correlation 0.066481209
Hypothesized Mean Difference 0
df 4
t Stat 6.391260132
P(T<=t) one-tail 0.001538236
t Critical one-tail 2.131846782
P(T<=t) two-tail 0.003076472
t Critical two-tail 2.776445105
As p (cal) is greater than p (tab) so we reject the null hypothesis
SBI IDBI
Mean 19.476 15.172
Variance 105.10988 10.94252
Observations 5 5
Pearson Correlation 0.733024067
Hypothesized Mean Difference 0
df 4
t Stat 1.181662607
P(T<=t) one-tail 0.151396099
t Critical one-tail 2.131846782
P(T<=t) two-tail 0.302792198
t Critical two-tail 2.776445105
As p (cal) is greater than p (tab) so we accept the null hypothesis
SBI IDBI
Mean 83.4 84.828
Variance 0.3 10.94252
Observations 5 5
Pearson Correlation -0.239535798
Hypothesized Mean Difference 0
df 4
t Stat -0.917554383
P(T<=t) one-tail 0.205385317
t Critical one-tail 2.131846782
P(T<=t) two-tail 0.410770634
t Critical two-tail 2.776445105
As p (cal) is greater than p (tab) so we accept the null hypothesis
SBI IDBI
Mean 9.5 6.432
Variance 0.5669 0.07817
Observations 5 5
Pearson Correlation 0.288228221
Hypothesized Mean Difference 0
df 4
t Stat 9.47961671
P(T<=t) one-tail 0.000345467
t Critical one-tail 2.131846782
P(T<=t) two-tail 0.000690935
t Critical two-tail 2.776445105
As p (cal) is greater than p (tab) so we reject the null hypothesis
SBI IDBI
Mean 14.2 13.29
Variance 11.2 24.3226
SBI IDBI
Mean 4.608 18.722
Variance 1.91837 14.62247
Observations 5 5
Pearson Correlation 0.878379693
Hypothesized Mean Difference 0
df 4
t Stat -11.73202373
P(T<=t) one-tail 0.000150967
t Critical one-tail 2.131846782
P(T<=t) two-tail 0.000301934
t Critical two-tail 2.776445105
As p (cal) is greater than p (tab) so we reject the null hypothesis
SBI IDBI
Mean 3.494 9.322
Variance 1.38943 3.09182
Observations 5 5
Pearson Correlation -0.631443615
Hypothesized Mean Difference 0
df 4
t Stat -4.891172647
SBI IDBI
Mean 1.746 1.074
Variance 0.01408 0.02098
Observations 5 5
Pearson Correlation -0.215567926
Hypothesized Mean Difference 0
df 4
t Stat 7.291437285
P(T<=t) one-tail 0.000940333
t Critical one-tail 2.131846782
P(T<=t) two-tail 0.001880667
t Critical two-tail 2.776445105
As p (cal) is greater than p (tab) so we reject the null hypothesis
CRAR
t-Test: Paired Two Sample for Means
BOB Avg
Mean 13.36 12.8748
0.17762
Variance 1.04255 9
Observations 5 5
Pearson Correlation 0.83723
BOB Avg
143.873
Mean 48.454 2
796.325 1528.39
Variance 1 1
Observations 5 5
0.22665
Pearson Correlation 8
Hypothesized Mean
Difference 0
df 4
t Stat -4.995
0.00375
P(T<=t) one-tail 8
2.13184
t Critical one-tail 7
0.00751
P(T<=t) two-tail 7
2.77644
t Critical two-tail 5
As p (cal) is greater than p (tab) so we reject the null hypothesis
BOB Avg
Mean 69.71 69.6912
8.80202
Variance 18.9066 5
Observations 5 5
0.87848
Pearson Correlation 4
Hypothesized Mean
Difference 0
df 4
0.01871
t Stat 9
0.49298
P(T<=t) one-tail 1
2.13184
t Critical one-tail 7
0.98596
P(T<=t) two-tail 2
2.77644
t Critical two-tail 5
As p (cal) is greater than p (tab) so we accept the null hypothesis
BOB Avg
Mean 22.314 21.6252
10.7520 0.76009
Variance 3 7
Observations 5 5
0.05688
Pearson Correlation 9
Hypothesized Mean
Difference 0
df 4
0.46049
t Stat 4
0.33454
P(T<=t) one-tail 2
2.13184
t Critical one-tail 7
0.66908
P(T<=t) two-tail 4
2.77644
t Critical two-tail 5
As p (cal) is greater than p (tab) so we accept the null hypothesis
Return on assets
t-Test: Paired Two Sample for Means
BOB AVG
Mean 0.956 0.9496
0.01499
Variance 0.03468 9
Observations 5 5
0.63721
Pearson Correlation 7
Hypothesized Mean
Difference 0
df 4
0.09967
t Stat 7
0.46269
P(T<=t) one-tail 8
BOB AVG
Mean 14.408 16.144
3.99330
Variance 0.77622 4
Observations 5 5
Pearson Correlation -0.08044
Hypothesized Mean
Difference 0
df 4
t Stat -1.72691
0.07962
P(T<=t) one-tail 9
2.13184
t Critical one-tail 7
0.15925
P(T<=t) two-tail 7
2.77644
t Critical two-tail 5
As p (cal) is greater than p (tab) so we accept the null hypothesis
BOB AVG
Mean 12.078 9.9404
0.37397
Variance 0.82287 9
Observations 5 5
Pearson Correlation -0.19139
Hypothesized Mean
Difference 0
df 4
4.02648
t Stat 1
P(T<=t) one-tail 0.00789
2.13184
t Critical one-tail 7
0.01577
P(T<=t) two-tail 9
2.77644
t Critical two-tail 5
As p (cal) is greater than p (tab) so we reject the null hypothesis
BOB AVG
Mean 7.112 8.5192
5.48526
Variance 5.94177 5
Observations 5 5
0.96350
Pearson Correlation 9
Hypothesized Mean
Difference 0
df 4
t Stat -4.82228
0.00425
P(T<=t) one-tail 4
2.13184
t Critical one-tail 7
0.00850
P(T<=t) two-tail 9
2.77644
t Critical two-tail 5
BOB AVG
Mean 4.57 5.196
1.60590
Variance 5.92285 2
Observations 5 5
0.94096
Pearson Correlation 6
Hypothesized Mean
Difference 0
df 4
t Stat -1.06586
0.17327
P(T<=t) one-tail 5
2.13184
t Critical one-tail 7
P(T<=t) two-tail 0.34655
2.77644
t Critical two-tail 5
As p (cal) is greater than p (tab) so we accept the null hypothesis
BOB AVG
Mean 0.518 0.9296
0.01953
Variance 0.05197 1
Observations 5 5
0.71765
Pearson Correlation 5
Hypothesized Mean
Difference 0
df 4
CRAR
t-Test: Paired Two Sample for Means
BOI Avg
Mean 12.098 12.8748
0.17762
Variance 0.87057 9
Observations 5 5
0.82845
Pearson Correlation 3
Hypothesized Mean
Difference 0
df 4
t Stat -2.75803
0.02547
P(T<=t) one-tail 6
2.13184
t Critical one-tail 7
0.05095
P(T<=t) two-tail 3
2.77644
t Critical two-tail 5
As p (cal) is greater than p (tab) so we accept the null hypothesis
BOI Avg
BOI Avg
Mean 61.224 59.5268
6.92057
Variance 5.30258 5
Observations 5 5
0.84696
Pearson Correlation 5
Hypothesized Mean
Difference 0
df 4
2.70959
t Stat 7
P(T<=t) one-tail 0.02678
2.13184
t Critical one-tail 7
P(T<=t) two-tail 0.05356
2.77644
t Critical two-tail 5
As p (cal) is greater than p (tab) so we accept the null hypothesis
BOI Avg
Mean 72.936 69.6912
8.80202
Variance 7.39783 5
Observations 5 5
0.88603
Pearson Correlation 8
Hypothesized Mean
Difference 0
df 4
5.26349
t Stat 3
P(T<=t) one-tail 0.00312
2.13184
t Critical one-tail 7
P(T<=t) two-tail 0.00624
2.77644
t Critical two-tail 5
As p (cal) is greater than p (tab) so we reject the null hypothesis
BOI Avg
Mean 18.89 21.6252
27.2994 0.76009
Variance 5 7
Observations 5 5
Pearson Correlation 0.44713
Hypothesized Mean
Difference 0
df 4
t Stat -1.24881
0.13991
P(T<=t) one-tail 6
2.13184
t Critical one-tail 7
0.27983
P(T<=t) two-tail 2
t Critical two-tail 2.77644
Return on assets
t-Test: Paired Two Sample for Means
BOI AVG
Mean 1.006 0.9496
0.01499
Variance 0.13048 9
Observations 5 5
Pearson Correlation 0.85611
Hypothesized Mean
Difference 0
df 4
0.47757
t Stat 9
0.32893
P(T<=t) one-tail 8
2.13184
t Critical one-tail 7
0.65787
P(T<=t) two-tail 5
2.77644
t Critical two-tail 5
As p (cal) is greater than p (tab) so we accept the null hypothesis
BOI AVG
Mean 14.684 16.144
3.99330
Variance 1.20928 4
Observations 5 5
0.20495
Pearson Correlation 5
Hypothesized Mean
Difference 0
BOI AVG
Mean 85.4 85.364
0.53090
Variance 1.3 4
Observations 5 5
Pearson Correlation -0.11435
Hypothesized Mean
Difference 0
df 4
0.05662
t Stat 6
0.47877
P(T<=t) one-tail 9
2.13184
t Critical one-tail 7
0.95755
P(T<=t) two-tail 9
2.77644
t Critical two-tail 5
As p (cal) is greater than p (tab) so we accept the null hypothesis
CRAR
t-Test: Paired Two Sample for Means
PNB Avg
Mean 13.178 12.8748
0.17762
Variance 1.01657 9
Observations 5 5
0.89519
Pearson Correlation 4
Hypothesized Mean
Difference 0
df 4
1.02984
t Stat 6
0.18063
P(T<=t) one-tail 9
2.13184
t Critical one-tail 7
P(T<=t) two-tail 0.36127
PNB Avg
143.873
Mean 54.55 2
1303.29 1528.39
Variance 2 1
Observations 5 5
0.27190
Pearson Correlation 8
Hypothesized Mean
Difference 0
df 4
t Stat -4.3962
0.00586
P(T<=t) one-tail 3
2.13184
t Critical one-tail 7
0.01172
P(T<=t) two-tail 6
2.77644
t Critical two-tail 5
As p (cal) is greater than p (tab) so we reject the null hypothesis
PNB Avg
Mean 59.278 59.5268
21.8959 6.92057
Variance 7 5
Observations 5 5
Pearson Correlation 0.98354
Hypothesized Mean
Difference 0
PNB Avg
Mean 70.348 69.6912
24.8973 8.80202
Variance 2 5
Observations 5 5
0.97716
Pearson Correlation 7
Hypothesized Mean
Difference 0
df 4
0.67257
t Stat 8
0.26903
P(T<=t) one-tail 5
2.13184
t Critical one-tail 7
P(T<=t) two-tail 0.53807
2.77644
t Critical two-tail 5
As p (cal) is greater than p (tab) so we accept the null hypothesis
PNB Avg
Return on assets
t-Test: Paired Two Sample for Means
PNB AVG
Mean 1.22 0.9496
0.01499
Variance 0.0338 9
Observations 5 5
0.70350
Pearson Correlation 7
Hypothesized Mean
Difference 0
df 4
4.62120
t Stat 3
0.00493
P(T<=t) one-tail 6
2.13184
t Critical one-tail 7
0.00987
P(T<=t) two-tail 2
2.77644
t Critical two-tail 5
As p (cal) is greater than p (tab) so we reject the null hypothesis
PNB AVG
Mean 16.98 16.144
3.99330
Variance 20.557 4
Observations 5 5
Pearson Correlation -0.40657
Hypothesized Mean
Difference 0
df 4
0.33088
t Stat 4
P(T<=t) one-tail 0.37867
2.13184
t Critical one-tail 7
0.75733
P(T<=t) two-tail 9
2.77644
t Critical two-tail 5
As p (cal) is greater than p (tab) so we accept the null hypothesis
PNB AVG
Mean 87.6 85.364
0.53090
Variance 2.3 4
Observations 5 5
0.49410
Pearson Correlation 7
Hypothesized Mean
Difference 0
df 4
3.79156
t Stat 9
P(T<=t) one-tail 0.00962
PNB AVG
Mean 10.876 9.9404
13.2668 0.37397
Variance 8 9
Observations 5 5
0.93313
Pearson Correlation 1
Hypothesized Mean
Difference 0
df 4
0.67933
t Stat 3
0.26710
P(T<=t) one-tail 2
2.13184
t Critical one-tail 7
0.53420
P(T<=t) two-tail 5
2.77644
t Critical two-tail 5
As p (cal) is greater than p (tab) so we accept the null hypothesis
PNB AVG
Mean 12.422 13.3784
18.5469 4.16125
Variance 2 9
PNB AVG
Mean 5.404 8.5192
5.48526
Variance 3.68423 5
Observations 5 5
0.99166
Pearson Correlation 6
Hypothesized Mean
Difference 0
df 4
t Stat -13.8338
P(T<=t) one-tail 7.91E-05
2.13184
t Critical one-tail 7
0.00015
P(T<=t) two-tail 8
2.77644
t Critical two-tail 5
As p (cal) is greater than p (tab) so we reject the null hypothesis
PNB AVG
Mean 4.354 5.196
1.60590
Variance 4.29688 2
Observations 5 5
0.94544
Pearson Correlation 6
Hypothesized Mean
Difference 0
df 4
t Stat -1.9464
0.06173
P(T<=t) one-tail 3
2.13184
t Critical one-tail 7
0.12346
P(T<=t) two-tail 6
2.77644
t Critical two-tail 5
As p (cal) is greater than p (tab) so we accept the null hypothesis
PNB AVG
Mean 0.454 0.9296
0.01953
Variance 0.04563 1
Observations 5 5
0.22835
Pearson Correlation 4
Hypothesized Mean
Difference 0
df 4
t Stat -4.68501
0.00470
P(T<=t) one-tail 6
t Critical one-tail 2.13184
CRAR
t-Test: Paired Two Sample for Means
IDBI Avg
Mean 12.672 12.8748
0.17762
Variance 2.30962 9
Observations 5 5
Pearson Correlation -0.80584
Hypothesized Mean
Difference 0
df 4
t Stat -0.24172
0.41044
P(T<=t) one-tail 2
2.13184
t Critical one-tail 7
0.82088
P(T<=t) two-tail 5
2.77644
t Critical two-tail 5
As p (cal) is greater than p (tab) so we accept the null hypothesis
IDBI Avg
143.873
Mean 392.758 2
32310.5 1528.39
Variance 1 1
Observations 5 5
0.81990
Pearson Correlation 4
IDBI Avg
Mean 60.356 59.5268
6.92057
Variance 2.17333 5
Observations 5 5
0.27016
Pearson Correlation 1
Hypothesized Mean
Difference 0
df 4
0.70088
t Stat 2
0.26100
P(T<=t) one-tail 3
2.13184
t Critical one-tail 7
0.52200
P(T<=t) two-tail 5
2.77644
t Critical two-tail 5
As p (cal) is greater than p (tab) so we accept the null hypothesis
IDBI Avg
Mean 60.356 69.6912
8.80202
Variance 2.17333 5
Observations 5 5
0.36313
Pearson Correlation 7
Hypothesized Mean
Difference 0
df 4
t Stat -7.47471
0.00085
P(T<=t) one-tail 6
2.13184
t Critical one-tail 7
0.00171
P(T<=t) two-tail 3
2.77644
t Critical two-tail 5
As p (cal) is greater than p (tab) so we reject the null hypothesis
IDBI Avg
Mean 22.796 21.6252
0.76009
Variance 3.22113 7
Observations 5 5
Pearson Correlation -0.2088
Hypothesized Mean
Difference 0
df 4
1.21607
t Stat 3
0.14540
P(T<=t) one-tail 6
2.13184
t Critical one-tail 7
0.29081
P(T<=t) two-tail 2
Return on assets
t-Test: Paired Two Sample for Means
IDBI AVG
Mean 0.634 0.9496
0.01499
Variance 0.00393 9
Observations 5 5
Pearson Correlation -0.34164
Hypothesized Mean
Difference 0
df 4
t Stat -4.53879
0.00525
P(T<=t) one-tail 3
2.13184
t Critical one-tail 7
0.01050
P(T<=t) two-tail 7
2.77644
t Critical two-tail 5
As p (cal) is greater than p (tab) so we reject the null hypothesis
IDBI AVG
Mean 15.172 16.144
10.9425 3.99330
Variance 2 4
Observations 5 5
0.66326
Pearson Correlation 7
Hypothesized Mean
Difference 0
IDBI AVG
Mean 84.828 85.364
10.9425 0.53090
Variance 2 4
Observations 5 5
0.71510
Pearson Correlation 1
Hypothesized Mean
Difference 0
df 4
t Stat -0.42305
0.34700
P(T<=t) one-tail 6
2.13184
t Critical one-tail 7
0.69401
P(T<=t) two-tail 1
2.77644
t Critical two-tail 5
As p (cal) is greater than p (tab) so we accept the null hypothesis
IDBI AVG
Mean 13.29 13.3784
4.16125
Variance 24.3226 9
Observations 5 5
0.95619
Pearson Correlation 2
Hypothesized Mean
Difference 0
df 4
t Stat -0.06501
0.47564
P(T<=t) one-tail 2
2.13184
t Critical one-tail 7
0.95128
P(T<=t) two-tail 3
2.77644
t Critical two-tail 5
As p (cal) is greater than p (tab) so we accept the null hypothesis
IDBI AVG
Mean 18.722 8.5192
14.6224 5.48526
Variance 7 5
Observations 5 5
0.93666
Pearson Correlation 6
Hypothesized Mean
Difference 0
df 4
t Stat 12.5014
0.00011
P(T<=t) one-tail 8
2.13184
t Critical one-tail 7
0.00023
P(T<=t) two-tail 6
2.77644
t Critical two-tail 5
As p (cal) is greater than p (tab) so we reject the null hypothesis
IDBI AVG
Mean 9.322 5.196
1.60590
Variance 3.09182 2
Observations 5 5
Pearson Correlation -0.46877
Hypothesized Mean
Difference 0
df 4
3.54145
t Stat 2
IDBI AVG
Mean 1.074 0.9296
0.01953
Variance 0.02098 1
Observations 5 5
0.22092
Pearson Correlation 2
Hypothesized Mean
Difference 0
df 4
1.81734
t Stat 3
0.07165
P(T<=t) one-tail 9
2.13184
t Critical one-tail 7
0.14331
P(T<=t) two-tail 9
2.77644
t Critical two-tail 5
As p (cal) is greater than p (tab) so we accept the null hypothesis
CRAR
t-Test: Paired Two Sample for Means
SBI Avg
Mean 13.066 12.8748
Variance 0.90093 0.1776292
Observations 5 5
SBI Avg
Mean 118.4 143.8732
Variance 591.8 1528.391261
Observations 5 5
Pearson Correlation 0.688653891
Hypothesized Mean Difference 0
df 4
t Stat -2.000994987
P(T<=t) one-tail 0.057992344
t Critical one-tail 2.131846782
P(T<=t) two-tail 0.115984688
t Critical two-tail 2.776445105
As p (cal) is greater than p (tab) so we accept the null hypothesis
SBI Avg
Mean 57.4 59.5268
Variance 8.8 6.9205752
Observations 5 5
Pearson Correlation 0.747650547
Hypothesized Mean Difference 0
df 4
SBI Avg
Mean 75.106 69.6912
Variance 16.69573 8.8020252
Observations 5 5
Pearson Correlation 0.781500215
Hypothesized Mean Difference 0
df 4
t Stat 4.730859344
P(T<=t) one-tail 0.004549159
t Critical one-tail 2.131846782
P(T<=t) two-tail 0.009098318
t Critical two-tail 2.776445105
As p (cal) is greater than p (tab) so we reject the null hypothesis
SBI Avg
Mean 21.388 21.6252
Variance 4.74012 0.7600972
Observations 5 5
Pearson Correlation 0.013327754
Hypothesized Mean Difference 0
df 4
t Stat -0.227204291
P(T<=t) one-tail 0.415702448
t Critical one-tail 2.131846782
P(T<=t) two-tail 0.831404896
Return on assets
t-Test: Paired Two Sample for Means
SBI AVG
Mean 0.932 0.9496
Variance 0.00767 0.0149988
Observations 5 5
Pearson Correlation 0.873695299
Hypothesized Mean Difference 0
df 4
t Stat -0.628026947
P(T<=t) one-tail 0.282029726
t Critical one-tail 2.131846782
P(T<=t) two-tail 0.564059452
t Critical two-tail 2.776445105
As p (cal) is greater than p (tab) so we accept the null hypothesis
SBI AVG
Mean 19.476 16.144
Variance 105.10988 3.993304
Observations 5 5
Pearson Correlation 0.925297088
Hypothesized Mean Difference 0
df 4
t Stat 0.88304506
P(T<=t) one-tail 0.213544322
t Critical one-tail 2.131846782
P(T<=t) two-tail 0.427088644
t Critical two-tail 2.776445105
As p (cal) is greater than p (tab) so we accept the null hypothesis
SBI AVG
Mean 83.4 85.364
Variance 0.3 0.530904
Observations 5 5
Pearson Correlation 0.306949876
Hypothesized Mean Difference 0
df 4
t Stat -5.73737523
P(T<=t) one-tail 0.002285914
t Critical one-tail 2.131846782
P(T<=t) two-tail 0.004571827
t Critical two-tail 2.776445105
As p (cal) is greater than p (tab) so we reject the null hypothesis
SBI AVG
Mean 9.5 9.9404
Variance 0.5669 0.3739788
Observations 5 5
Pearson Correlation -0.253331624
Hypothesized Mean Difference 0
df 4
t Stat -0.908797334
P(T<=t) one-tail 0.207430807
t Critical one-tail 2.131846782
P(T<=t) two-tail 0.414861614
t Critical two-tail 2.776445105
As p (cal) is greater than p (tab) so we accept the null hypothesis
SBI AVG
Mean 14.2 13.3784
Variance 11.2 4.1612588
Observations 5 5
Pearson Correlation 0.409543709
Hypothesized Mean Difference 0
df 4
t Stat 0.587773741
P(T<=t) one-tail 0.294132308
t Critical one-tail 2.131846782
P(T<=t) two-tail 0.588264616
t Critical two-tail 2.776445105
As p (cal) is greater than p (tab) so we accept the null hypothesis
SBI AVG
Mean 4.608 8.5192
Variance 1.91837 5.4852652
Observations 5 5
Pearson Correlation 0.989810462
Hypothesized Mean Difference 0
df 4
t Stat -8.825592722
P(T<=t) one-tail 0.000454841
t Critical one-tail 2.131846782
P(T<=t) two-tail 0.000909682
t Critical two-tail 2.776445105
As p (cal) is greater than p (tab) so we reject the null hypothesis
SBI AVG
Mean 3.494 5.196
Variance 1.38943 1.605902
Observations 5 5
Pearson Correlation 0.963501395
Hypothesized Mean Difference 0
df 4
t Stat -11.13241326
P(T<=t) one-tail 0.000185249
t Critical one-tail 2.131846782
P(T<=t) two-tail 0.000370498
t Critical two-tail 2.776445105
As p (cal) is greater than p (tab) so we reject the null hypothesis
SBI AVG
Mean 1.746 0.9296
Variance 0.01408 0.0195308
Observations 5 5
Pearson Correlation 0.327022972
Hypothesized Mean Difference 0
df 4
t Stat 12.09918392
P(T<=t) one-tail 0.000133836
t Critical one-tail 2.131846782
P(T<=t) two-tail 0.000267672
t Critical two-tail 2.776445105
As p (cal) is greater than p (tab) so we reject the null hypothesis