Private Bank Employees Outpace Public Sector Staff in Productivity

The article compares how much banking business each employee helped add.

Private-bank employees added slightly more business than public-bank employees.

Foreign-bank employees added the most business per employee.

Public banks had fewer workers, while private banks hired many more people.

Banks are also using digital payments much more than before.

This makes Saturday branch visits less important for many urban customers.

However, some traders, pensioners, rural families and daily-wage workers still depend on branches.

A five-day workweek could improve employee rest and morale.

Experts say banks would need Saturday hubs and stronger correspondent networks to protect customer access.