Currently India’s Private sector banks are competing intensely with the other scheduled banks. There business practices and technology a adaption has changed the way banking sector functions in India. Among the 22 banks there are very few banks that are contributing to more than 90% for the development of banking sector. Among them are HDFC Bank, ICICI Bank, and Federal Bank, Axis Bank and Yes Bank to name a few. This study is an effort to understand the financial performances of these banks and rank them according to their performances. The study considers five financial performance ratios namely “Net Profit Margin Ratio”, “Operating Profit Margin”, “Return on Asset”, “Return on Equity”, “Net Interest margin” and “Cost to income ratio” for the FY2018-19. The researcher is used the paired comparison method for analyzing the relative performance of the above mentioned banks. The required data on the performance ratios are collected from RBI website, Moneycontrol.com and the financial statements of the respective bank from their websites. Using the paired comparison method, where the banks are relatively compared with each other, we can say that HDFC bank is best performing; following to it is Federal bank, Axis Bank, Yes bank and ICICI bank in the descending order of the ranks. The same kind of study can be done comparing different to her Private and PSBs (PSBs) with the two foreign banks and do the categories of banks. The study may also extend to comparison of performances of previous financial years also.