Trade Analytics
Banking
Total banking assets in India is expected to cross US$ 28.5 trillion in FY25.

Banks in India

Latest update: September, 2014

Healthy Growth of Banking Sector - Credit

  • Credit off-take has been surging ahead over the past decade, aided by strong economic growth, rising disposable incomes, increasing consumerism and easier access to credit.
  • In March FY16, total credit extended surged to US$ 1,016 billion.
  • Demand has grown for both corporate and retail loans; particularly the services, real estate, consumer durables and agriculture allied sectors have led the growth in credit.

Healthy Growth of Banking Sector - Deposits

  • During FY06–16, deposits grew at a CAGR of 11.47 per cent and reached 1.46 trillion in FY16.
  • Strong growth in savings amid rising disposable income levels are the major factors influencing deposit growth.
  • Deposits under Pradhan Mantri Jan Dhan Yojana (PMJDY), have also increased. As of October 2016, US$ 6,755.5 million were deposited, while 249.8 million accounts were opened.

 

Karnataka Bank Ltd

Karnataka Bank is a major banking institution based in the coastal city of Mangalore in Karnataka. The Reserve Bank of India (RBI) has designated Karnataka Bank as an A1+ class scheduled commercial bank. The bank now has a national presence with a network of 688 branches and above 1,000 ATMs across 21 states and two Union territories. It has ov...

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Federal Bank Ltd

Federal Bank Ltd is a major Indian commercial bank in the private sector headquartered in Kerala having more than thousand branches and ATMs spread across different States in India. It is the fourth largest bank in India in terms of capital base. The rating factors in the long standing track record of the bank, high level of capitalization ai...

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Indian Overseas Bank

Indian Overseas Bank (IOB) was founded on February 10, 1937, by Mr M Ct M Chidambaram Chettyar, a pioneer in many fields - Banking, Insurance and Industry with the twin objectives of specialising in foreign exchange business and overseas banking. IOB had the unique distinction of commencing business on February 10, 1937 (on the inaugural day itself...

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Bank of India

Bank of India was founded on September 7, 1906 by a group of eminent businessmen from Mumbai. The bank was under private ownership and control till July 1969 when it was nationalised along with 13 other banks. The bank has made a rapid growth over the years and has become one of the largest public sector banks with a strong national presence an...

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Vijaya Bank

Vijaya Bank has grown from being a bank focussed in Karnataka to becoming an all-India bank with the merger of nine smaller banks in the decade of 1960. The bank has built a network of 1,701 branches, 49 extension counters and 1,458 ATMs, that span all 28 states and four union territories in the country. The bank has the highest number of branche...

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Canara Bank

Canara Bank was founded in 1906 by Mr Ammembal Subba Rao Pai at Mangalore in Karnataka. The bank has gone through various phases of growth trajectory in over hundred years of its existence. The growth of the bank has been phenomenal, especially after nationalisation in 1969 and attaining the status of a national level player in terms of geographica...

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Bank of Baroda

Bank of Baroda was founded by Maharaja Sayajirao Gaekwad on July 20, 1908. It was set up under the Companies Act of 1897. At present, Bank of Baroda is one of the largest banks in India as well as part of NIFTY Index of the National Stock Exchange. As of March 31, 2015, the bank had total asset size of Rs 714,988.55 crore (US$ 114.23 billion), wh...

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HSBC India

The Hongkong and Shanghai Banking Corporation (HSBC) is one of the foremost foreign banks in India. Headquartered in London, it was originally established in Hong Kong by Mr Thomas Sutherland in 1865, with a view to serve the needs of the merchants of the China coast and finance the growing trade between China, Europe and the United States. HSBC ca...

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PUNJAB NATIONAL BANK (PNB)

Punjab National bank (PNB) is one of the largest nationalised banks in India providing services to its customers. The bank enjoys strong fundamentals, large franchise value and good brand image. PNB was founded on May 19, 1894. The founding board was drawn from different parts of India professing different faiths and having varied backgrounds, b...

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ICICI Bank

ICICI Bank is India's largest private sector bank with total assets of Rs 5,367.95 billion (US$ 89.24 billion) for the year ended March 31, 2013. The bank has a network of 3,753 branches and 11,292 ATMs in India, and has a presence in 18 other countries. It offers a wide range of banking products and financial services to corporate and retail cust...

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SBI

Established in 1955, State Bank of India (SBI) is the largest public sector bank in India. The bank is capitalised to the extent of US$ 129.3 million with a government holding of 62.31 per cent as on May 2013. The bank’s main divisions include treasury, retail banking, corporate/wholesale banking and other banking businesses. SBI is one of the l...

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AXIS BANK

Axis Bank is the third largest private sector bank in India. It offers the entire spectrum of financial services to customer segments, covering large and mid-corporates, MSME, agriculture and retail businesses. As on March 31, 2013, the bank had a large footprint of 1947 domestic branches (including extension counters) and 11,245 ATMs spread acr...

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HDFC Bank

HDFC Bank Established in 1994, Housing Development Finance Corporation Ltd (HDFC) Bank is an Indian financial services company based in Mumbai, Maharashtra. The bank is the first of its kind to receive an in-principle approval from the Reserve Bank of India (RBI) for establishment of a bank in the private sector. The Bank transacts both traditiona...

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Banking India

Growth in money supply over past few years (US$ billion)
Gross NPAs to Gross Advances in India

 

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