Indian banking sector: A globalisation perspective

The current paper analyzes the performance of major banks in terms of productivity and profitability in the post Globalization period. Under the regime of Globalization gave new dimensions to the Indian banking sector. IT has played a vital role in Globalization era. IT has created transformation in banking structure, business process, work culture and human resource development. It has affected the productivity, profitability and efficiency of the banks to a large extent. The paper concludes that performance of all the banks under study is much better in post-e-banking period and further foreign banks are at the top position, whereas the performance of the public sector banks is comparatively very poor. The paper suggests some measures to tackle the challenges faced by the banks particularly public sector banks. At the end, paper suggests how public sector banks can convert the emerging challenges into opportunities.