.......In a speech in August 2011, RBI Governor D Subbarao had emphasised that more effective and enlightened corporate governance of banks can be a vital avenue for improving banking productivity. The RBI, in its latest report on profile of Indian banks, has observed that employee productivity in terms of both business per employee and profit per employee in all scheduled commercial banks, including PSBs, private sector banks and foreign banks, at the aggregate level increased continuously in all the financial years during the period 2007-08 to 2011-12.
Read - HBL
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