摘要：The present research paper makes an attempt to provide a comprehensive profile of the global OTC derivatives market, with special reference to interest rate derivatives. It has analyzed various issues related to interest rate derivatives in Indian banks. The study would also examine if there is any significant impact of ownership structure on the use of interest rate derivatives in sample banks. To serve this particular objective the study is based on two major giants, the largest public sector and private sector bank in India namely SBI and ICICI Bank. Different variables such as Total Asset, Deposit, Advances, Tier I Capital, ROA, ROE, Interest Margin, Total loan Ratio, Total deposit Ratio, etc have been analyzed with the help of various statistical tools such as ratios, correlation and ANOVA to find out the extent to which these banks have managed the adverse movements in interest rate with the help of interest rate derivatives.
