Thus, from a systemic stability perspective also, improved productivity and efficiency of the banking system is a definite positive. Productivity trends in Indian banking 13. The Indian banking industry has, over the years, taken significant strides in its quest for greater productivity.
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.