Chansins Dimensions of Productivity- a Comparative Analysis of Selected Private and Public Sector Banks

Abstract

Indian Banking Sector has undergone significant transformation since the second phase o f economic reforms, i.e., post liberalization era. The recommendations of the Narasimham Committee provide the blueprint o f the reforms. The reforms measures were not only aimed at liberalizing the regulatory frame work but also keeping them in tune with international standards. The importance of productivity has assumed a critical significance in the changing scenario of banking industry. Productivity is defined as output perunit of input employed for a specific production system. It denotes the efficiency with which the output is produced by the resources utilized.