期刊名称：International Journal of Advances in Engineering and Management
电子版ISSN：2395-5252
出版年度：2020
卷号：2
期号：8
页码：219-229
DOI：10.35629/5252-0208146147
语种：English
出版社：IJAEM JOURNAL
摘要：A world wide pandemic has affected human life very badly all over. Some countries have affected very badly and lost their human lives. This has impact on all segments of industry, commerce, trade, banking, government services, social life and particularly health services. Earnings of every individual have affected badly some have lost their earning source, some have lost their businesses some are stuck up at either home or at work place due to covid19. Money is required for every activity of human being and bank is source to deposit money or withdraw for daily requirements. Industry, commerce, trade have also experienced difficult situation during this period. Industry, trade have faced very embracing situation to either avail money from bank or transfer to suppliers, employees and other payment liabilities. Banks have also affected very severely. Either they do not lend money or not receiving EMIs from borrowers and hence financial operations have suffered. RBI has issued some guidelines for extension for moratorium period to avoid NPA and bad debts this has given some relief to borrowers i.e. individual to corporate. During the same period principle amount of loan is delayed and extended period of EMIs. Customers are unable to face situation and meet banks and even bankers are also not able to ask customers to fulfil their financial obligations. Most of the operation s has taken place in the form of digital payment. However, small business owner, illiterate people and tiny business units, labourer have faced very embrace situation to meet their financial needs. Banks have faced shortage of man power due to covid -19 and lock down hence it resulted in banking operations hampered considerably. This study focuses on the banking operation and effect of Covid19 on their financial results. Researcher has taken 50 PSU banks (Branches) for the study situated in Nashik municipal limit. The data are obtained from primary and secondary sources. The primary data are collected by administering questionnaire from banking personnel. The secondary data is obtained from various sources, i.e. internet, websites, news papers, magazines, reports available on e-form. After collecting data was suitable coded to derive inference by applying chi-square test and result is presented. Research shows that the pandemic has affected on financial results of PSUs during the lockdown period.
