Operational Efficiency of Himachal Pradesh State Co-operative Bank Ltd. An Analysis

Abstract

Operational efficiency is the capability of an enterprise to deliver products or services to its customers in the most cost effective manner possible while still ensuring the high quality of its product, services and support operational efficiency is often achieved by streamlining a organizations core processes in order to more effectively respond to continually changing market forces in a cost effective manner. In order to attain operational efficiency an organization needs to minimize redundancy and waste while leveraging the resources that contribute most to its success and utilizing the best of its work force, technology and business processes. The reduced internal costs that result from operational efficiency enable to organization to drive higher profit margins or be more successful in highly competitive market. Hence, putting this in mind the present paper is an attempt to evaluate the operational efficiency and performance of Himachal Pradesh State Co-operative Bank Ltd. through selective indicators. It analyses the Deposits Mobilization, Credit Expansion, Productivity, Overdue, NPA position and profitability of the bank etc. This paper also examines the growth of investment, Future Trends of advances of Himachal Pradesh State Co-operative Bank. In this paper an attempt has been made to evaluate the operation efficiency of Himachal Pradesh state cooperative bank. The operational efficiency has been analyzed taking into consideration of different parameters.