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India Commercial Banking Report Q4 2010

Competitive Landscape
Market Structure Protagonists
Table: Protagonists In India’s Commercial Banking Sector

Central bank: Reserve Bank of India (RBI) www.rbi.org.in The RBI was established in 1935 in accordance with the Reserve Bank of India Act 1934. Its central office has been in Mumbai since 1937. The RBI was nationalised in 1949. Through the Board of Financial Supervision (BFS), a committee of the central board of directors of the RBI, the central bank is the supervisor and regulator of the commercial banking sector and other financial institutions and banking finance companies. The RBI’s functions include: formulation and implementation of monetary policy; management of foreign exchange; issuing of notes and coins; banker to government; banker to banks; and ‘a wide range of promotional functions to support national objectives’ in relation to development. Principal banking regulator: Reserve Bank of India (RBI) www.rbi.org.in Among its other roles, the RBI regulates the commercial banking sector. Banking trade association: Indian Banks’ Association (IBA) www.iba.org.in The interests of India’s commercial banking sector are represented by the IBA, established in 1946. It has 115 ordinary and 38 associate members. Its membership includes: public sector banks, private sector banks, foreign banks with offices in India and urban cooperative banks.

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India Commercial Banking Report Q4 2010 Definition Of The Commercial Banking Universe We define the universe of Indian banks as including 84 organisations identified by the Indian Banks’ Association as public sector banks (27).019bn). The public sector banks accounted for INR30. which fall outside the definition of the universe of commercial banks for our purposes.096bn.640bn at the end of 2008. According to the IBA.805bn). © Business Monitor International Ltd Page 36 . and Axis Bank. INR7. Private sector banks include: 19 private sector banks and eight new private sector banks. seven associates of SBI and Industrial Development Bank of India (IDBI).240bn). HSBC (INR759bn). The combined assets of the private sector banks amounted to INR9. Central Bank of India (INR 1. INR1. IDBI (INR1.071bn) and Indian Overseas Bank (INR1. The next nine biggest public sector banks were: Punjab National Bank (INR 1. Housing Development Financing Corporation (HDFC). private sector and foreign banks amounted to INR43. private sector banks (27) and foreign banks in India (33).222bn of this.402bn. The three largest new private sector banks were: ICICI Bank. INR1.998bn.788bn). The largest foreign banks in terms of total assets were: Citibank (INR838bn). 95 regional rural banks and 55 urban cooperative banks. State Bank of India (SBI).796bn). ABN AMRO (INR366bn) and Deutsche (INR247bn). Public sector banks include: 19 nationalised banks. Bank of India (INR1. Syndicate Bank (INR1.332bn. the total assets of the public sector. Union Bank of India (INR1.307bn). Bank of Baroda (INR1. the foreign banks had total assets of INR3. The central bank also identifies 30 state cooperative banks.240bn).215bn alone. Canara Bank (INR1. with SBI accounting for INR7.990bn). with assets of INR3. Standard Chartered (INR734bn). Collectively.456bn of which was accounted for by the new private sector banks.264bn at the end of 2008.

India Commercial Banking Report Q4 2010 List Of Banks Table: Public Sector Banks Nationalised banks Allahabad Bank Andhra Bank Bank of Baroda Bank of India Bank of Maharashtra Canara Bank Central Bank of India Corporation Bank Dena Bank Indian Bank Indian Overseas Bank Oriental Bank of Commerce Punjab & Sind Bank Punjab National Bank Syndicate Bank UCO Bank Union Bank of India United Bank of India Vijaya Bank State Bank of India (SBI) Associates of SBI State Bank of Bikaner & Jaipur State Bank of Hyderabad State Bank of Indore State Bank of Mysore State Bank of Patiala State Bank of Saurashtra State Bank of Travancore Source: IBA. March 2009 © Business Monitor International Ltd Page 37 .

March 2009 © Business Monitor International Ltd Page 38 .India Commercial Banking Report Q4 2010 Table: Foreign Banks In India ABN AMRO Bank Abu Dhabi Commercial Bank American Express Bank American Express Banking Corporation Antwerp Diamond Bank Arab Bangladesh Bank Bank Internasional Indonesia Bank of America Bank of Bahrain and Kuwait Bank of Ceylon Barclays Bank BNP Paribas Chinatrust Commercial Bank Citibank Calyon Bank Deutsche Bank JPMorgan Chase Bank JSC VTB Bank Krung Thai Bank Mashreq Mizuho Corporate Bank Oman International Bank Shinhan Bank Societe Generale Sonali Bank Standard Chartered Bank State Bank of Mauritius Bank of Nova Scotia Bank of Tokyo-Mitsubishi UFJ Development Bank of Singapore HSBC UBS Source: IBA.

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