Banks are a mirror of an economy. Better functioning of the banking sector leads to the overall improvement of the economy. The financial performance of the selected banks is measured from employee productivity point of viewBanks, just like any other firm, need to transform inputs into outputs at an efficient rate in order to maximize profitability and survive under competitive conditions. To analyze the financial performance of banks, eight parameters ; profit per employee, business per employee, total income per employee, total expenditure per employee, spread per employee, burden per employee, deposits per employee, and advances per employee were calculated to find Employee Productivity. Statistical tools like t—test and Mann-Whitney U Testhave been used for analyzing the data.