Performance Evaluation in Indian Banking
11 Pages Posted: 1 Oct 2008
Date Written: September 30, 2008
Significance of performance evaluation in an organization, for sustainable growth and development, has been recognized since long. This calls for a system that first measures and evaluates the performance, and then brings out the strengths and weaknesses of the organization for the purpose of further improvement. It has been observed that the evaluation of the financial performance alone is not sufficient for the present day organizations. The situation is not different even for financial institutions like banks. This paper attempts to describe the need for more modern performance evaluation systems for Indian banks.
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