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Purpose: The banking industry is crucial to economic growth. It's one of India's fastest-growing sectors, with a massive network of bank branches offering financial services. The study is being undertaken to find out the profitability of banks with respect to the deposits and advances, interest received and expended by Canara Bank (Public sector) and Karnataka Bank (Private sector). The study was undertaken by considering the deposits and advances of the two banks over 5 years.
Methodology: The foundation of qualitative research is secondary data. Annual reports, manuals, previous bank records, and balance sheets are used to collect data. Focus group contacts with the manager and the staff are conducted to obtain in-depth data.
Findings: The study indicated that advances and deposits had a favorable and considerable influence on the net profits earned by banks.
Originality: The study highlights the effects of deposits and advances on the profitability of the banks.
Paper type: Case study