The Ratio analysis plays a very crucial role in the decision-making process in the organisations. The Banking sector is not an exception in this context. The Balance Sheet and the financial statements can be analysed considering different ratios. The policies regarding the revision and reconsideration of the ratios in the banking context with special reference to Public Sector Banks forms the basis for the research study. The present study mustered the financial statements herein for the analytical study and the interpretations are drawn accordingly.