There is some debate about whether profitability measures are appropriate indicators of performance of public sector enterprises who are required to produce socio-economic outputs that cannot be reflected in the Balance sheet. This is relevant especially for the public sector banks in India whose objectives have been more social than economic.
Limitations of Study:-
1. Shortage of time was a very big constraint due to which less number of banks has been included in the study.
2. Availability of data was a constraint due to only those banks data is considered, which is available, and also there are some banks whose data was not available so their duration was shortened.
3. In measuring the efficiency it is desirable to use quarterly returns because it gives us more reliable returns and therefore improve the accuracy of our research. In this case we have taken Yearly return, which may not give as accurate as with quarterly returns.
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