The release of the book “Financial Performance of Banks – EAGLES Model” by Dr. Sreeram Daida and Prof. Rabindranath Solomon marks a significant contribution to contemporary research in banking and finance. The book provides a comprehensive comparative study of the financial performance of select public and private sector banks in India, offering valuable insights for students, scholars, and policy researchers alike. Focused on four major banks—State Bank of India (SBI), Canara Bank, HDFC Bank, and ICICI Bank—the study examines the period from 2019 to 2023, a transformative era for Indian banking characterized by structural reforms, policy shifts, and digital evolution.
The authors introduce the EAGLES Model, an innovative analytical framework that evaluates six critical dimensions of banking performance: Earnings, Asset Quality, Growth, Liquidity, Equity, and Strategy. Each dimension is assessed using key financial indicators such as Return on Assets (ROA), Net Non-Performing Assets (Net NPAs), Loan and Deposit Growth, Capital Adequacy Ratio, and various income ratios. These parameters provide a multidimensional understanding of bank health and operational efficiency.
Using robust statistical tools including descriptive statistics, the Coefficient of Variation, and one-way ANOVA, the book offers an empirical analysis rooted in secondary data drawn from RBI sources and the annual reports of the selected banks. The findings of the study reveal stark contrasts between public and private sector banks. Private banks such as HDFC and ICICI consistently outperform their public counterparts in profitability, innovation, and strategic agility, while public sector banks like SBI demonstrate strength in stability and conservative credit practices. Canara Bank, however, shows underperformance across several parameters, highlighting the need for reforms in credit risk management, investment decisions, and operational strategy.
This book does more than present data—it provides actionable insights. It emphasizes the urgent need for public banks to adopt Early Warning Systems, strengthen asset quality monitoring, and pursue strategic transformation to stay competitive in a rapidly changing financial landscape. Through the EAGLES Model, the authors propose a replicable and insightful framework that can serve both academic and policy communities.
Dr. Sreeram Daida, one of the authors, is an accomplished academic with over two decades of teaching experience and a strong research background. Currently an Associate Professor at Badruka College of Commerce and Arts, Hyderabad, Dr. Sreeram holds multiple postgraduate degrees and has published extensively in reputed journals. He has presented his research at national and international conferences and is a life member of prominent professional associations such as the Indian Accounting Association and the Telangana Commerce Association. His areas of expertise span Accounting, Finance, and Management.
Co-author Prof. D. Rabindranath Solomon brings in his rich experience as an Associate Professor and Head, Department of Commerce, as well as Director of the Centre for Skill Development and Career Planning at Dr. B.R. Ambedkar Open University, Hyderabad. With 27 years of teaching experience, Prof. Solomon has been deeply involved in both traditional and distance learning methods. He has guided doctoral research, contributed to educational broadcasting, and published numerous articles on investment behavior, taxation, and consumer perception. His academic work is complemented by his active involvement in national and international seminars, as well as professional development workshops.
Together, Dr. Sreeram and Prof. Solomon have produced a scholarly work that is timely, methodical, and impactful. Financial Performance of Banks – EAGLES Model is poised to become an essential reference for those seeking a deeper understanding of India’s banking dynamics and the strategic pathways to enhance institutional performance.