| Variable | Public Sector Banks (REM) | Private Sector Banks (FEM) |
| EPS | Significant and Positive at 1% | Significant and Positive at 10% |
| BVPS | Significant and Positive at 5% | Significant and Positive at 10% |
| ROE | Significant and Positive at 10% | Not Significant |
| ATR | Not Significant | Significant and Positive at 10% |
| CR | Not Significant | Significant and Positive at 10% |
| NIM | Not Significant | Not Significant |
| CAR | Not Significant | Not Significant |
| NPA | Significant and Negative at 1% | Not Significant |
| CASA | Not Significant | Not Significant |