Public sector banks (PSBS) performed better than private and foreign peers during the FY06-FY23 period in terms of efficiency, according to a report by State Bank of India (SBI).
According to the report, the average technical efficiency of the banking industry (overall) during the period stood at 81.21 per cent. This means, the lenders could have reduced their inputs by 18.79 per cent for producing the same level of output.
The bank group-wise results for FY06-FY23 indicate that PSBS are the leaders and operate at 82.76 per cent. In comparison, private banks are operating at 79.59 per cent and foreign banks at 78.15 per cent.
この記事は Business Standard の June 18, 2024 版に掲載されています。
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