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Abstract
The study of Indian Banking sector occupies an important place in the development of economy in India especially after Banking Sector Reforms introduced in 1991. Before financial sector reforms, Indian banks were operating in a protected environment with a strong cushion of the government. This had made them operationally inefficient and commercially almost wreck. An attempt has been made with the help of this study for the evaluation of managerial efficiency and profitability performance. All public sector banks i.e. 26 have been selected for the study. Period of the study ranged from 2007 to 2012. All the banks were first individually ranked for each ratio on the basis of managerial efficiency and profitability parameter. Then the composite score for each bank has been calculated on the basis of average of the individual score. Friedman rank test has been used to test the hypothesis. At 4 degree of freedom, the hypothesis i.e. H1 is rejected. Therefore we can conclude that the performance of all public sector banks is not uniform in both the parameter i.e. managerial efficiency and profitability.