PRODUCTIVITY IN INDIAN BANKING SECTOR- A STUDY OF SBI GROUP

The present paper studies the productivity in State Bank of India (SBI) Group. An examination of almost all the important issues in society would show that productivity is the only key solution to most of the economic problems. It touches all sections of society whether Government, big industrial units or small industries, profit organizations or public utilities. In India, public sector banks provide maximum assistance to the weaker section of the society. The objective of the present study is to measure productivity in SBI Group with respect to per branch and per employee. Data has been collected from secondary resources, mainly the annual reports of Reserve Bank of India (RBI) and Indian Banking Association (IBA). For measuring growth & growth rates, study period has been divided into six equal sub periods of two years starting from years 2003 to 2013. Paper concludes with the help of selected financial indicators and compounded rate of growth. The study attempts to accomplish its objectives by making cross-sectional and inter-temporal analysis on the basis of 17 indicators. These indicators are divided into three categories. While one set of indicators measure output in terms of input of number of employees‟ i.e. labour productivity, next set of indicators measure branch productivity. The last set of indicators depict productivity on the basis of certain financial ratios. The division has been done by considering the fact that recruitment of employees and opening of branches are not even in different years