Banks face new challenges, and the economy requires novel tools such as the EAGLES model. Earning ability, Asset quality, Growth, Liquidity, Equity, and Strategy are all criteria considered by the EAGLES model when deciding on a commercial bank's success in today's competitive climate. The EAGLES model examines the performance of a commercial bank in a more precise, objective, and consistent manner (John 2009). The EAGLE model is now a well-known instrument for investment planning and competitive analysis.

1. Evaluating the performance of
private Sector Banks: EAGLES
Model Approach
Name: - Nilkantha B. Sawant
Roll No. 27

2. NEED FOR STUDY
1. The banking system
of a country as a whole
is responsible for
ensuring the economy's
long-term viability,
liquidity, and growth
2. banks face new
challenges, and the
economy requires novel
tools such as the
EAGLES model
3. Customers get
access to all
banking services
and products.
2

3. LITERATURE REVIEW
⊸ Patel (2015) used the CAMELS model to examine the Punjab
National Bank's financial performance and Non-Performing Assets
management from 2008 to 2012.
⊸ Vaidya (2013) used the CAMELS and EAGLES models to compare
the selected banks in Nepal
⊸ Prasons (2003) proposes a switch from the CAMELS model to
another model
⊸ According to Vong (2009), the CAMELS model has subjectivity, and
inconsistency
⊸ Nagarajan (2003) established a rating system called Micro enterprise
access to banking services (MABS)
3

4. Objective
To do comparative analysis of financial
performance of private sector bank India Using
EAGLES Model.
4

5. RESEARCH METHODOLOGY
5
1. Research design: -
Descriptive research
2. Data Source: -
secondary source
3. Source of
secondary data
4. Statistical tools: -
Ratio analysis

6. DATA ANALYSIS
Earnings Appraisal
⊸ Return on Assets
⊸ Return on Net Worth
⊸ Income to Overhead Ratio
6

7. Return on Assets
7
Year
HDFC
Bank
ICICI
Bank
AXIS
Bank
KOTAK
bank
YES
Bank
2012 1.52 1.36 1.48 3.82 1.32
2013 1.68 1.55 1.52 3.83 1.31
2014 1.72 1.64 1.62 4.24 1.48
2015 1.73 1.72 1.59 3.98 1.47
2016 1.73 1.34 1.56 3.58 1.53
2017 1.68 1.26 o.61 1.58 1.54
2018 1.64 0.77 0.03 1.54 1.35
2019 1.69 0.34 0.58 1.55 0.45
2020 1.71 0.72 0.17 1.65 -6.36
2021 1.78 1.31 0.66 1.81 -1.26
MEAN 1.69 1.20 1.02 2.76 0.28
SD 0.07 0.45 0.66 1.21 2.49
CV 4.15 37.26 64.30 43.74 879.72
GROWTH 4.09% 81.94%
288.24
% 9.70% -80.19%
Rank 2 3 4 1 5
0
5
10
15
20
25
HDFC Bank ICICI Bank AXIS Bank KOTAK
bank
YES Bank
Return on Assets
2012 2013 2014 2015 2016
2017 2018 2019 2020 2021

8. Return on Net Worth
8
Year
HDFC
Bank
ICICI
Bank
AXIS
Bank
KOTAK
bank
YES
Bank
2012 17.26 10.7 18.59 13.59 20.89
2013 18.27 12.48 15.64 14.37 22.39
2014 19.5 13.39 16.26 12.23 22.71
2015 16.47 13.89 16.46 13.19 17.16
2016 16.91 11.19 15.46 8.72 18.41
2017 16.26 10.11 6.59 12.35 15.09
2018 16.45 6.63 0.43 10.89 16.4
2019 14.12 3.19 7.01 11.47 6.39
2020 15.35 6.99 1.91 12.25 -75.56
2021 15.27 11.21 6.48 11.01 -10.42
MEAN 16.59 9.98 10.48 12.01 5.35
SD 1.54 3.38 6.70 1.60 30.10
CV 9.29 33.90 63.91 13.33 563.12
GROWTH -0.52% 60.37% 239.27% -10.12%
-
86.21%
Rank 1 4 3 2 5
-100
-80
-60
-40
-20
0
20
40
2012 2013 2014 2015 2016 2017 2018 2019 2020 2021
Return on Net Worth
HDFC Bank ICICI Bank AXIS Bank
KOTAK bank YES Bank

9. Income to Overhead Ratio
9
Year
HDFC
Bank
ICICI
Bank
AXIS
Bank
KOTAK
bank YES Bank
2012 1.18 1.19 1.18 1.06 1.09
2013 1.19 1.21 1.18 1.12 1.22
2014 1.21 1.22 1.2 1.11 1.31
2015 1.22 1.22 1.2 1.16 1.45
2016 1.17 1.17 1.2 1.08 1.47
2017 1.15 1.15 1.07 1.19 1.53
2018 1.64 1.26 1.07 1.28 1.54
2019 1.69 0.77 1.26 1.35 1.35
2020 1.71 1.35 1.33 1.67 1.26
2021 1.78 1.54 1.56 1.43 1.43
MEAN 1.39 1.21 1.23 1.25 1.37
SD 0.27 0.19 0.14 0.19 0.15
CV 19.40 15.86 11.49 15.44 10.68
GROWTH 4.09% 14.07% 17.29% -14.37% 13.49%
Rank 1 5 4 3 2
0
0.2
0.4
0.6
0.8
1
1.2
1.4
1.6
1.8
2
2012 2013 2014 2015 2016 2017 2018 2019 2020 2021
Income to Overhead Ratio
HDFC Bank ICICI Bank AXIS Bank
KOTAK bank YES Bank

10. ASSET QUALITY ANALYSIS
⊸ Gross NPA
⊸ Net NPA
⊸ Provision Coverage Ratio
10

11. Gross NPA
11
Year HDFC Bank
ICICI
Bank
AXIS
Bank
KOTAK
bank
YES
Bank
2012 1.02 3.62 0.94 1.56 0.22
2013 0.97 3.22 1.06 1.55 0.2
2014 1 3.03 1.22 1.98 0.31
2015 0.9 3.78 1.34 1.85 0.41
2016 0.94 5.21 1.67 2.36 0.76
2017 1.05 7.89 5.04 2.59 1.52
2018 1.3 8.84 6.77 2.22 1.28
2019 1.36 6.7 5.26 2.14 3.22
2020 1.26 5.53 4.86 2.25 16.8
2021 1.32 4.96 3.7 3.25 15.41
MEAN 1.11 5.28 3.19 2.18 4.01
SD 0.18 2.00 2.18 0.50 6.45
CV 15.91 37.88 68.44 23.16 160.62
GROWTH 4.76% -10.31% -23.87% 44.44% -8.27%
RANK 5 1 3 4 2
0
2
4
6
8
10
12
14
16
18
2012 2013 2014 2015 2016 2017 2018 2019 2020 2021
Gross NPA
Gross NPA in Private Sector Bank HDFC Bank
Gross NPA in Private Sector Bank ICICI Bank
Gross NPA in Private Sector Bank AXIS Bank
Gross NPA in Private Sector Bank KOTAK bank
Gross NPA in Private Sector Bank YES Bank

12. Net NPA
12
Year
HDFC
Bank
ICICI
Bank
AXIS
Bank
KOTAK
bank
YES
Bank
2012 0.2 0.73 0.25 0.61 0.05
2013 0.2 0.77 0.32 0.64 0.01
2014 0.3 0.97 0.4 1.08 0.05
2015 0.2 1.61 0.44 0.92 0.12
2016 0.28 2.67 0.7 1.06 0.29
2017 0.33 4.89 2.11 1.26 0.81
2018 0.4 4.77 3.4 0.98 0.64
2019 0.39 2.06 2.06 0.75 1.86
2020 0.36 1.41 1.56 0.71 5.03
2021 0.4 1.14 1.05 1.21 5.88
MEAN 0.31 2.10 1.23 0.92 1.47
SD 0.08 1.56 1.04 0.23 2.18
CV 27.26 74.04 84.45 25.46 147.91
GROWTH 11.11% -19.15% -32.69% 70.42% 16.90%
RANK 5 1 3 4 2
0
1
2
3
4
5
6
7
2012 2013 2014 2015 2016 2017 2018 2019 2020 2021
Net NPA
HDFC Bank ICICI Bank AXIS Bank
KOTAK bank YES Bank

13. Provision Coverage Ratio
13
Year
HDFC
Bank ICICI Bank
AXIS
Bank
KOTAK
bank
YES
Bank
2012 80.4 82.38 80.91 80.49 81.43
2013 76.8 79.91 79.15 85.65 82.06
2014 68.6 72.57 78.1 86.44 78.98
2015 58.6 73.93 77.73 78.63 76.67
2016 50.6 69.94 72.27 74 74.83
2017 40.2 68.67 64.79 74.09 68.23
2018 47.92 59.86 59.38 71.73 64.89
2019 55.57 58.11 59.33 68.98 65.19
2020 55.69 57.39 60.52 64.56 56.23
2021 53.99 55.52 59.76 59.98 52.08
MEAN 58.84 67.83 69.19 74.46 70.06
SD 12.74 9.67 9.28 8.62 10.48
CV 21.66 14.25 13.41 11.57 14.95
GROWTH -3.05% -3.26% -1.26% -7.09% -7.38%
RANK 5 4 3 1 2
0
10
20
30
40
50
60
70
80
90
100
2012 2013 2014 2015 2016 2017 2018 2019 2020 2021
Provision Coverage Ratio
HDFC Bank ICICI Bank AXIS Bank
KOTAK bank YES Bank

14. GROWTH
⊸ Loan Ratio
⊸ Deposit Ratio
14

15. Loan Ratio
15
Year
HDFC
Bank
ICICI
Bank
AXIS
Bank
KOTAK
bank
YES
Bank
2012 1.14 2.15 1.18 1.09 1.23
2013 1.32 2.38 1.36 1.11 1.71
2014 1.65 2.75 1.58 1.35 1.32
2015 2.05 3.07 1.95 1.7 1.98
2016 3.21 3.38 2.37 1.67 2.19
2017 3.92 3.41 2.62 2.94 2.8
2018 4.17 3.46 2.94 2.98 2.13
2019 4.4 4.04 2.91 2.56 2.83
2020 4.23 3.96 2.88 2.32 2.93
2021 3.42 3.88 3.21 2.5 2.52
MEAN 2.95 3.25 2.30 2.02 2.16
SD 1.29 0.65 0.73 0.73 0.61
CV 43.59 20.17 31.86 35.92 28.35
GROWTH -19.15% -2.02% 11.46% 7.76% -13.99%
RANK 2 1 3 5 4
0
0.5
1
1.5
2
2.5
3
3.5
4
4.5
5
2012 2013 2014 2015 2016 2017 2018 2019 2020 2021
Loan Ratio
HDFC Bank ICICI Bank AXIS Bank
KOTAK bank YES Bank

16. Deposit Ratio
16
Year HDFC Bank
ICICI
Bank
AXIS
Bank
KOTAK
bank
YES
Bank
2012 2.46 2.55 2.2 4.17 2.8
2013 2.96 2.92 2.52 4.73 2.13
2014 3.67 3.31 2.8 4.79 2.83
2015 4.5 3.61 3.22 4.69 2.93
2016 5.46 4.21 3.57 4.86 3.05
2017 6.43 4.9 4.14 4.8 3.71
2018 7.54 6.17 6.89 5.81 3.39
2019 7.95 5.85 7.64 6.09 3.59
2020 7.5 5.14 7.04 6.46 3.71
2021 6.91 4.77 10.1 6.2 4.06
MEAN 5.54 4.34 5.01 5.26 3.22
SD 2.03 1.23 2.70 0.80 0.58
CV 36.64 28.30 53.82 15.13 17.87
GROWTH -7.87% -7.20% 43.47% -4.02% 9.43%
RANK 1 4 3 2 5
0
2
4
6
8
10
12
2012 2013 2014 2015 2016 2017 2018 2019 2020 2021
Deposit Ratio
HDFC Bank ICICI Bank AXIS Bank
KOTAK bank YES Bank

17. Liquidity Analysis
⊸ Loan to Deposit Ratio
⊸ Investment to Deposit Ratio
17

18. Loan to Deposit Ratio
18
Year HDFC Bank
ICICI
Bank
AXIS
Bank
KOTAK
bank
YES
Bank
2012 79.21 99.31 77.13 54.49 70.61
2013 80.92 99.19 77.97 63.81 73.66
2014 82.49 102.05 81.89 57.54 77.85
2015 81.08 107.18 87.17 58.68 66.76
2016 85.02 103.28 94.64 60.97 67.56
2017 86.16 94.73 90.03 67.49 68.06
2018 74.14 95.81 90.25 70.61 66.96
2019 74.51 97.49 89.97 71.11 67.6
2020 73.76 97.47 89.46 73.36 66.43
2021 76.34 98.82 94.18 72.71 64.25
MEAN 79.36 99.53 87.27 65.08 68.97
SD 4.53 3.73 6.23 6.90 4.03
CV 5.71 3.74 7.13 10.60 5.84
GROWTH 3.50% 1.39% 5.28% -0.89% -3.28%
RANK 3 1 2 5 4
0
20
40
60
80
100
120
2012 2013 2014 2015 2016 2017 2018 2019 2020 2021
Loan to Deposit Ratio
HDFC Bank ICICI Bank AXIS Bank
KOTAK bank YES Bank

19. Investment to Deposit Ratio
19
Year
HDFC
Bank
ICICI
Bank
AXIS
Bank
KOTAK
bank
YES
Bank
2012 41.19 47.2 39.47 58.23 44.02
2013 35.01 59.84 39.61 52.38 38.1
2014 34 59.7 38.04 58.51 40.99
2015 39.51 62.45 42.34 55.96 56.47
2016 37.68 58.7 45.02 56.58 64.19
2017 32.93 53.33 40.42 43.14 55.2
2018 33.64 43.73 36.46 38.28 47.41
2019 35.84 38.06 37.74 38.97 43.72
2020 33.32 32.96 31.08 28.63 35.02
2021 30.71 36.19 33.92 33.51 34.07
MEAN 35.38 49.22 38.41 46.42 45.92
SD 3.22 11.04 4.00 11.21 9.93
CV 9.11 22.44 10.41 24.15 21.61
GROWTH -7.83% 9.80% 9.14% 17.05% -2.71%
RANK 5 1 4 2 3
0
10
20
30
40
50
60
70
2012 2013 2014 2015 2016 2017 2018 2019 2020 2021
Investment to Deposit Ratio
HDFC Bank ICICI Bank AXIS Bank
KOTAK bank YES Bank

20. EQUITY
⊸ Capital Adequacy Ratio
20

21. Capital Adequacy Ratio
21
Year
HDFC
Bank
ICICI
Bank
AXIS
Bank
KOTAK
bank
YES
Bank
2012 16.52 15.53 9.26 20.01 16.6
2013 16.8 19.41 11.18 18.35 20.6
2014 16.07 19.54 9.41 19.92 16.5
2015 16.79 18.52 9.45 17.52 17.9
2016 15.53 18.74 11.23 16.05 18.3
2017 14.55 17.7 12.62 18.83 14.4
2018 14.82 17.02 12.07 17.17 15.6
2019 17.11 16.64 12.51 16.34 16.5
2020 18.52 17.39 11.87 16.77 17
2021 18.79 18.42 13.04 18.22 18.4
MEAN 16.55 17.89 11.26 17.92 17.18
SD 1.40 1.27 1.43 1.39 1.72
CV 8.45 7.12 12.66 7.78 9.98
GROWTH 1.46% 5.92% 9.86% 8.65% 8.24%
RANK 4 2 5 1 3
0
5
10
15
20
25
2012 2013 2014 2015 2016 2017 2018 2019 2020 2021
Capital Adequacy Ratio
HDFC Bank ICICI Bank AXIS Bank
KOTAK bank YES Bank

22. STRATEGY
⊸ Interest Income / Interest Cost
⊸ Non – Interest income / Non – Interest Cost
22

23. Interest Income / Interest Cost
23
Year HDFC Bank
ICICI
Bank
AXIS
Bank
KOTAK
bank
YES
Bank
2012 8.07 7.08 7.7 9.41 8.56
2013 8.75 7.46 7.98 9.6 8.36
2014 8.36 7.42 7.99 10 9.15
2015 8.2 7.59 7.68 9.16 8.49
2016 8.49 7.31 7.8 8.52 8.18
2017 8.02 7.01 7.4 8.24 7.63
2018 7.54 6.25 6.62 7.45 6.48
2019 7.95 6.57 6.86 7.66 7.77
2020 7.5 6.8 6.84 7.47 10.11
2021 6.91 6.43 6.38 6.99 7.32
MEAN 7.98 6.99 7.33 8.45 8.21
SD 0.54 0.47 0.60 1.05 1.00
CV 6.77 6.66 8.15 12.42 12.21
GROWTH -7.87% -5.44% -6.73% -6.43% -27.60%
RANK 3 5 4 1 2
0
2
4
6
8
10
12
2012 2013 2014 2015 2016 2017 2018 2019 2020 2021
Interest Income / interest cost
HDFC Bank ICICI Bank AXIS Bank
KOTAK bank YES Bank

24. Non – Interest income / Non – Interest Cost
24
Year
HDFC
Bank
ICICI
Bank
AXIS
Bank
KOTAK
bank
YES
Bank
2012 1.55 1.58 1.89 1.48 1.16
2013 1.71 1.55 1.92 1.38 1.26
2014 1.61 1.75 1.93 1.59 1.57
2015 1.52 1.88 1.81 1.91 1.5
2016 1.51 2.12 1.78 1.35 1.64
2017 1.42 2.52 1.94 1.62 1.93
2018 1.43 1.98 1.58 1.52 1.67
2019 1.41 1.5 1.63 1.47 1.2
2020 1.51 1.49 1.69 1.49 4.59
2021 1.44 1.54 1.48 1.42 1.22
MEAN 1.51 1.79 1.77 1.52 1.77
SD 0.09 0.34 0.16 0.16 1.02
CV 6.28 18.85 9.23 10.51 57.54
GROWTH -4.64% 3.36% -12.43% -4.70% -73.42%
RANK 5 1 3 4 2
0
0.5
1
1.5
2
2.5
3
3.5
4
4.5
5
2012 2013 2014 2015 2016 2017 2018 2019 2020 2021
Non-Interest income / Non-interest
cost
HDFC Bank ICICI Bank AXIS Bank
KOTAK bank YES Bank

25. Consolidated Performance of bank based on EAGLES Parameters
25
No. Parameters HDFC Bank ICICI Bank AXIS Bank KOTAK bank YES Bank
Earnings Appraisal
1 Return on Assets 2 3 4 1 5
2 Return on Net Worth 1 4 3 2 5
3 Income to Overhead Ratio 1 5 4 3 2
Asset Quality
4 Gross NPA 5 1 3 4 2
5 Net NPA 5 1 3 4 2
6 Provision Coverage Ratio 5 4 3 1 2
growth Rate
7 Loan Ratio 2 1 3 5 4
8 Deposit Ratio 1 4 3 2 5
Liquidity Analysis
9 Loan to Deposit Ratio 3 1 2 5 4
10 Investment to Deposit Ratio 5 1 4 2 3
Equity
11 Capital Adequacy Ratio 4 2 5 1 3
Strategy
12 Interest Income / interest cost 3 5 4 1 2
13 Non-Interest income / Non-interest cost 5 1 3 4 2

26. Conclusion
26

27. Thank You
27