Analysis of data (based on various parameters) indicates that Indian banks, particularly the public sector banks, have shown significant progress on the productivity and efficiency front. The efficiency of banks has been analyzed based on cost based parameters and profitability linked parameters. Cost based parameters  14.
As can be seen from the table above, all three ratios have seen a significant improvement during this period, indicating improved efficiency of the banking system. For instance, the Ratio of Operating Expenses to Average Assets has seen a decline from 2.60% to 1.75% during 1992–2013.