Corresponding Author's : Kanwaljeet Singh

Co-Author's : Dr. Manjit Singh

Abstract :

The majority of financial institutions use some type of diversification in order to mitigate risk and enhance performance. This current research focuses on how the increasing diversity has affected the financial performance of banks in India. This study aims to address this question as its main purpose. The researchers used bank-level data of 46 banks from the years 2011 to 2022 for this empirical research. The researchers employed system GMM approach and found out the positive impact of income diversification on risk adjusted return on assets and risk adjusted return on equity. The study contributes to the existing literature in numerous ways.

Keywords :

Income Diversification; Bank Profitability, dynamic Panel

Article Details

Unique Paper ID: 2106

Publication Volume & Issue: VOLUME 4 , ISSUE 1

Page(s): 57-62

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