The financial performance of banks has gained significant importance in recent years. It is a blueprint of the financial affairs of a business concern. Financial performance analysis is mainly done to compare the growth, profitability, and financial soundness of banks by diagnosing the information contained in the financial statements. It is also useful for the measurement of the overall financial health of the organization over a given period of time. The paper evaluates the financial performance of select public and private sector banks for a five years period from 2016 to 2020.CAMEL (Capital Adequacy, Asset, Management Efficiency, Earnings, Liquidity) model measures the performance of banks on the basis of five parameters viz. Capital adequacy, Asset quality, Management quality, Earning quality, and Liquidity quality.