......Now, the finance ministry wants banks to focus on increasing their profitability and improving the asset quality. As a result, some new parameters would come in. The finance ministry is holding meetings with each PSB bank chairman to finalise the targets. “The focus this time is on increasing the profitability,” said a PSB chairman and managing director. “We have to emphasise on parameters such as return on asset, net profit per employee, cost-to-income ratio, and staff ratio in branches, among others.”..........
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