MUMBAI, India, June 30 -- Intellectual Property India has published a patent application (202641074888 A) filed by Cvr College Of Engineering on June 17, 2026, for An Operations Research Approach To Evaluating Technical And Scale Efficiency In The Indian Public Sector Banks.
Inventor includes Dr. B. Vittal.
The application for the patent was published on June 26, 2026, under issue no. 26/2026.
Abstract: This invention presents a novel and systematic approach for analyzing banking data to identify the efficient banks for the economic growth of India. In this scenario banking institution pays major role for implementing and monitoring banking rules and working nature which will help full to customers and nation security policies. DEA analysis performs to evaluate the score of DMU’s and these are the benchmark to the other DMU(s). The non-parametric statistical analysis plays vital role in identify the significance of banking performance using efficiency score obtained from analysis. In this study 4 input and 6 output variables to determine the efficiency scores and identifies 7 DMUs as efficient Decision Making Units (DMUs). In the DEA analysis efficiency scores and peer scores ensure high performed reliability results and application from this analysis most useful in banking sector for sustainable economic improvement, which lead to the growth of the nation economically.
Disclaimer: Curated by HT Syndication.
