The report by the Centre for Social Investigation (CSI) at Nuffield College at the university also found that people of Pakistani and Bangladeshi origin were also more likely to be living in less comfortable conditions.
"Rates of poverty are much higher among two groups - 57 per cent for people of Pakistani and 46 per cent of people of Bangladeshi background - compared with 16 per cent for the white British in 2009-11," the report entitled 'Ethnic Inequalities' found.
In reference to other large ethnic minority groups in Britain, the report mentioned that Indian-origin people also remain at high risk of poverty along with other minority groups but "Indians made great strides both over time and across generations in education and occupation".
"Continued racial discrimination in the labour market against second-generation black people and people of Pakistani or Bangladeshi background cannot be ruled out as a significant part of the explanation for their continuing disadvantage," the report said.
"The Nuffield CSI report highlights a terrible social indictment. Rather than witness further government initiatives or lack of them and see things get ever worse, those like me in these communities who haven't done so badly can quietly step up and take more responsibility ourselves," said well-known Bangladeshi-origin restaurateur and chair of the Nuffield CSI advisory board Iqbal Wahhab.