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Economy - india

1.    A study titled Being five star in productivity — road map for excellence in Indian banking was released FICCI-IBA-BCG on 22 August 2011, the eve of IBA-FICCI annual banking conference. Which of the facts related to the report stated below are not true?
   2.    India\'s gross domestic product (GDP) growth will make the Indian banking industry third largest in the world by 2025.
   3.    The report highlighted that banks have to strive for excellence on three dimensions: branch sales and service, new channels and lean operations
   4.    Indian banks deploy 62 per cent of staff in customer facing roles as against the benchmark of 82 per cent observed by BCG globally.
   5.    Indian banks, the report mentioned were to be doing well overall with industry cost-income ratio below 50 per cent.

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