Foreign banks in India outperform public sector in efficiency and technology.
The article compares public, private, and foreign banks in India to see how efficient and productive they are. They used Data Envelopment Analysis and Malmquist Index to make the comparison. The findings show that foreign banks have the highest productivity, followed by private banks, because they use advanced technology. Public sector banks are more efficient in their operations but need to invest in technology to compete with private and foreign banks.