Advances in Consumer Research
Issue 3 : 240-247 doi: https://doi.org/10.5281/zenodo.19047634
Original Article
Financial Risk Analysis Of Indian Public Sector Banks By Using Altman Z-Score
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1
Ph.D Scholar, Department of Commerce, Fakir Mohan University, Balasore, Odisha, India
2
Lecturer in Commerce, Rayagada Autonomous College, Rayagada, Odisha, India
3
Assistant Professor, Bhadrak (Autonomous) College, Odisha, India
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

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