Any country's economic growth will be on par with expectations only if the financial system inside it is efficient in resource generation and allocation. Economic history provides support for the fact that financial development makes a fundamental contribution to growth (Mohan et al. 2005) [10]. Each economic organisation must focus on improving productivity and labour efficiency to thrive in this ever-changing environment. This is true in the banking business as well. To survive in this competitive environment, each bank in India must focus on productivity at work. Nostalgic memories indicate that most problems in the banking sector in the past were due to low productivity. If banks deeply concentrate on improving productivity, it enables a high standard of living for the public. In the present scenario, employees' productivity becomes an important factor while measuring the overall efficiency and productivity of the banking sector. Therefore, the present study compares employee productivity by the means of different parameters among public and private sector banks. The scope of the study is limited to the analysis of the productivity of employees in public and private sector banks in India for the period of 2017 to 2021. The whole study is analytic in nature and is based on secondary data obtained from reports on the trend and advancement of banking in India, finance reports, and so on. The study observed that there is a need for increased attention to enhance profit per employee in the case of public sector banks. And both selected groups of banks must focus on lowering employee costs in relation to specific parameters.