This study enhances the awareness of stakeholders about the technological development in financial institutions and its role to improve performance & growth of banking sector. This study also creates understanding about Interest Rate Spread (IRS), which is a prominent indicator of efficiency of the banking sector. IRS, in an economy, has crucial implication for the growth and development, as numerous authors suggest a critical link between efficient intermediate and economic growth. Efficient intermediation benefits the real economy by allowing higher expected return for saver and providing...