This paper investigates the effect of ownership and competition on Indian bank productivity since the 1991 reforms. We … growth, with the new Indian private banks leading the charge. Competition has a positive impact on productivity for the old … similar picture emerges on the productivity growth side, with the new Indian private bank productivity growth being the worst …

for firms in financial distress. Regarding market discipline, productivity grows faster when competition on product … governance and market discipline on productivity growth. We find that firms under concentrated ownership tend to show … significantly higher productivity growth. Financial pressure from creditors influences productivity growth positively, particularly …