First and foremost relates to the foundation of reform viz., promoting efficiency through competition, which involves some objective criteria in assessing performance. RBI’s annual statutory report on banking attempts to do it by categorising the banks into public sector, private sector, etc. How appropriate is that?
(a)  Given the size and variety of public sector banks and in particular the varied ownership pattern, aggregating their performance as a category can be questioned. After all, a category accounting for over 70 per cent of all activity may not be clubbed together and compared with two other small segments.