Banking

Indian banks total asset size is recorded at US$ 1.5 trillion in FY12.

Banking Sector in India

Latest update: January, 2014

Assets

Total banking sector assets have increased at a compound annual growth rate (CAGR) of 8.2 per cent to USD1.5 trillion during FY10–12.

Assets

Growth

Deposits have grown at a CAGR of 21.2 per cent during FY06–13.

Growth

Growth

Total credit off-take is estimated to grow to US$ 1,140 billion in FY14.

Growth

Growth

ATMs in India have increased to 104,500 in 2012 and are further expected to double over the next two years.

Growth

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Last Updated: April 14, 2014

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Updated: January, 2014

SECTORAL REPORT | March, 2014

Indian Banking Sector: Brief Introduction

India’s banking sector is currently valued at Rs 81 trillion (US$ 1.31 trillion). It has the potential to become the fifth largest banking industry in the world by 2020 and the third largest by 2025, according to an industry report. The face of Indian banking has changed over the years. Banks are now reaching out to the masses with technology to facilitate greater ease of communic...

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