• Sandhya M
• Lokeshnath B

The banking sector in India saw significant transformation following the implementation of economic reforms in the 1990s. These reforms facilitated a more accessible entry for foreign players compared to previous regulations. Indian public sector banks have encountered competition from both foreign banks and domestic private banks. The government-owned nationalized banks have also commenced efforts to address the competitive challenges posed by private banks by implementing various measures. The advent of competition in the banking industry has given rise to the issue of bad loans, resulting in significant growth in non-performing assets in banks. Despite the use of many conservative strategies by Indian banks in loan disbursement, the presence of corruption, nepotism, and kickbacks has played a key part in the accumulation of non-performing assets within these financial institutions. The adverse effects of non-performing loans significantly influence the operational efficiency of financial institutions, leading to the erosion of their generated revenue. This phenomenon also resulted in an economic catastrophe, affecting not only the borrowers who defaulted on their debts but also the banking institutions and the respective countries involved. In order to address these difficulties, the Indian government introduced a Bankruptcy and Insolvency Code in 2016. The implementation of the law led to the expeditious liquidation of the assets belonging to individuals who defaulted on their obligations, as well as a subsequent rise in the timely repayment of loans. The current research endeavor aims to examine the concerns pertaining to financial performance and operating performance by analyzing specific operating and financial measures. The study will also examine the relationship between operating and financial ratio variables and the performance of banks. The findings of the study suggest that the implementation of the Bankruptcy and Insolvency Code in India had an impact on the performance of Indian banks. The implementation of the Bankruptcy and Insolvency Code in India has resulted in a significant improvement in the performance of Indian banks

Bank Governance, Bank Regulation, Bank Sustainability

"Bankruptcy and insolvency code: A study of Indian public sector Banks", International Journal of Emerging Technologies and Innovative Research (www.jetir.org), ISSN:2349-5162, Vol.9, Issue 1, page no.f679-f694, January-2022, Available :http://www.jetir.org/papers/JETIR2201595.pdf

"Bankruptcy and insolvency code: A study of Indian public sector Banks", International Journal of Emerging Technologies and Innovative Research (www.jetir.org | UGC and issn Approved), ISSN:2349-5162, Vol.9, Issue 1, page no. ppf679-f694, January-2022, Available at : http://www.jetir.org/papers/JETIR2201595.pdf