Performance Evaluation is one of the key features of any organization. Financial analysis is usually carried out to study the financial position of the company from the point of view of Shareholders, Debenture Holders, Customers, etc. The book has been written in accordance with the requirements of Students pursuing Masters or any research degree in the field of Commerce, Management or Banking Sector. This book is specifically for Researcher who wants to carry in depth research in the CAMEL approach. Present book is based on selected Indian Banks from Public, Private and Foreign sector banks. The book is divided into 5 chapters’ viz. Overview of Indian Banking Industry, Conceptual Framework of CAMEL Approach, Research Methodology, Analysis of Financial CAMEL Ratios and Findings and Conclusion.