The period between 2005 and 2010 can be said to be a time period in the whole world economy which is full of many ups and downs. The world economy was doing very well and suddenly there is the financial crisis throughout the world post layman brothers’ collapse. Now the world economy is going through the recovery process. Despite all these, Indian economy is not aversely affected to that an extent. One of the main reasons for this was the strong financial system of India led by sound banking system. In this context, the article attempts to ROA, ROE, CD Ratio, Spread study the performance of various categories of banks, namely, public sector banks, old generation private sector banks, new generation private sector banks, SBI and its associate banks, foreign banks operating in India, for a period of five years from 2005-06 to 2009-10. Key words: Financial Performance, NPAs, CAR