investment, financial options for depositors and financial health of primary and secondary capital markets. Return on equity and assets of the Indian banks are on par with Asian banks, and higher than those of US and UK. Indian banking remains robust despite global financial turbulence. During 2000-2012, Indian banking was characterised by growth with profitability. Gross NPAs reduced from 14 per cent to 2.9 % at end March 2012. (SCBs), costincome ratio fell from above 60 % to 45.3%, RoA increased from 0.69 % to 1.10 % (SCBs) and total assets rose from Rs. 1,151,000 crore to Rs. 52,93,817 crore (March 2011) for PSBs. There has also been a significant reduction in intermediation cost and rapid increase in business per employee. But as the Narasimham Committee Report-II (1998) put it: “the process of strengthening the banking system has to be viewed as a continuing one. There is no finite end to improving the levels of efficiency and profitability. Infact the system has to cope constantly with changes in the broader environment in ????????????????????????????????????????????????????????????????????t??Q????????????????????????????????????????????????????I4???????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????UQUI? I=]Q ?AI=MA
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