Productivity Growth and Efficiency in Indian Banking: A Comparison of Public, Private, and Foreign Banks

India's public sector banks (PSBs) are compared unfavorably with their private sector counterparts, domestic and foreign. This comparison rests, for the most part, on financial measures of performance, and such a comparison provides much of the rationale for privatization of PSBs.In this paper, we attempt a comparison between PSBs and their private sector counterparts based on measures of productivity that use quantities of outputs and inputs. We employ two measures of productivity: Tornqvist and Malmquist total factor productivity growth. We attempt these comparisons over the period 1992-2000, comparing PSBs with both domestic private and foreign banks. Out of a total of four comparisons we have made, there are no differences in three cases, PSBs do better in two, and foreign banks in one. To put it differently, PSBs are seen to be at a disadvantage in only one out of six comparisons. It is difficult, therefore, to sustain the proposition that efficiency and productivity have been lower in public sector banks relative to their peers in the private sector.

Earthquake prediction: the interaction of public policy and science.

Earthquake prediction research has searched for both informational phenomena, those that provide information about earthquake hazards useful to the public, and causal phenomena, causally related to the physical processes governing failure on a fault, to improve our understanding of those processes. Neither informational nor causal phenomena are a subset of the other. I propose a classification of potential earthquake predictors of informational, causal, and predictive phenomena, where predictors are causal phenomena that provide more accurate assessments of the earthquake hazard than can be gotten from assuming a random distribution. Achieving higher, more accurate probabilities than a random distribution requires much more information about the precursor than just that it is causally related to the earthquake.

Regulations to govern the preservation of records of public utilities and licenses, effective April 7, 1957.

Mode of access: Internet.

A letter to the Dilettanti Society, respecting the obtention of certain matters essentially necessary for the improvement of public taste, and for accomplishing the original views of the Royal Academy of Great-Britain /

Signatures: B⁸(±B1) C-T⁸ U².

An analysis of public information and education countermeasures: 1975, final report.

National Highway Traffic Safety Administration, Washington, D.C.

San Antonio Alcohol Safety Action Project - analytic study no. 7: analysis of public information and education. Final report.

National Highway Traffic Safety Administration, Washington, D.C.

Statistics of public, society, and school libraries having 5,000 volumes and over in 1908.

Mode of access: Internet.

A psychiatric approach to the treatment of promiscuity; a further report of a psychiatric study made under the auspices of the Venereal Disease Division, U. S. Public Health Service, the California State Dept. of Public Health, and the San Francisco Dept. of Public Health, January, 1943 to July, 1947.

"A further development and expansion of an earlier study [An experiment in the psychiatric treatment of promiscuous girls, by Ernest G. Lion, and others] sponsored by the same organizations reported in 1945."

Report of the secretary of the Treasury, on the subject of public roads and canals : made in pursuance of a resolution of Senate, of March 2d, 1807 ...

"January 15, 1816. Printed by order of the Senate."

Directory of public elementary and secondary schools in selected districts, enrollment and staff by racial/ethic group.

Vols. for 1968- issued as OCR-101-70