This paper investigates the effect of ownership and competition on Indian bank productivity since the 1991 reforms. We find that Indian private banks dominate the public and foreign banks both in terms of productivity levels and productivity growth, with the new Indian private banks leading the...

In 1991, decades of government stranglehold on the economy gave way to liberalization and reforms in India. Financial sector reforms played a major part in this push towards a more market oriented economy. Based on the recommendations of the first Narasimham Committee, the Reserve Bank of India...

This paper investigates the effect of ownership and competition on Indian bank productivity since the 1991 reforms. We find that Indian private banks dominate the public and foreign banks both in terms of productivity levels and productivity growth, with the new Indian private banks leading the...