Abstract
The progression of an economy is significantly dependent upon deployment as well as optimum utilization of resources and most importantly operational efficiency of the various sectors, of which banking sector plays a very vital role. Banking sector helps in stimulation of capital formation, innovation and monetization in addition to facilitation of monetary policy. It is imperative to carefully evaluate and analyse the performance of banks to ensure a healthy financial system and an efficient economy. Performance measurement is the most important activity of a management's control function in any organization. Performance measurement can be done in a systematic way for the entire organization to determine things, such as determining the needs of customers and seeing if they are able to fulfill their requests or not and making sure that the taken decisions are made with facts.
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