Financial Risk Analysis Of Indian Public Sector Banks By Using Altman Z-Score

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Authors: Dash Mangulu Charan, Monalisa Panigrahi, Sahoo Pratap Chandra
Cited by: 0

Abstract

This paper aims to analyse the effect of risk on the financial performance by using Z score factors of Indian public sector banks listed by Bombay stock exchange and also study the interconnection among the financial factors of Z score. This study is focused on Indian public sectors banks over the period of 5 years from 2021-2025. To justify the objectives descriptive statistics, regression model and other statistical tools are used. The data are collected from the secondary sources like money control, trendline, annual reports etc. The regression results indicate that among the corporate financial indicators, book value to total liabilities (BVTL) is the most influential factors in determining the financial risk of banks. This analysis can be extended by studying longitudinal approach in the global context. Private sector banks can also be considered in further research; other attributes like governance mechanism and corporate reporting factors can be taken into consideration. This study has given a deep knowledge about the z score parameters which are most influencing mechanism to strengthen the overall performance of banking sectors..

Fields of Study & Subjects

Financial Distress and Bankruptcy Prediction Banking Sector Performance and Management Banking stability regulation efficiency

Publication details

Journal / source
ACR North American Advances
Publication date
16 March 2026
Language
EN