Article Details
  • Published Online:
    August  2025
  • Product Name:
    The IUP Journal of Bank Management
  • Product Type:
    Article
  • Product Code:
    IJBM010825
  • DOI:
    10.71329/IUPJBM/2025.24.3.5-23
  • Author Name:
    Nirali J Kantharia and Jivan Biradar
  • Availability:
    YES
  • Subject/Domain:
    Finance
  • Download Format:
    PDF
  • Pages:
    5-23
Volume 24, Issue 3, July-September 2025
From Distress to Discipline: Indian Banks’ Financial Performance and the IBC’s Legacy
Abstract

This study examines the factors affecting the financial performance of Indian banks from 2012 to 2022, focusing specifically on the impact of the 2016 Insolvency and Bankruptcy Code (IBC). The study uses fixed effects regression model, employing ROE, ROA, and NIM as performance metrics to examine the impact of both internal (CAR, CDR, AQ, BPE, etc.) and external (GDP, inflation) factors. CAR and BPE positively influence performance; however, poor asset quality and a high CDR diminish profitability. The Difference-in-Differences technique indicates that IBC improved asset quality by 3.645, albeit the results are only marginally significant. The results indicate significant elements that impact performance and the potential beneficial effect of policy reform.

Introduction

Economic growth is significantly influenced by the performance of banking sector. Banks take deposits and lend funds to investors, supporting the expansion of the economy as a whole. Direct economic activity and money management are recent developments in banking. As a result, academic scholars are focusing more on banking performance and how it affects economic growth (Alam et al., 2021).