Top Banks in India

The banking in India started with the establishment of the General Bank of India in 1786. Later the Bank of Hindustan was also established. However, both the banks are not in functional state currently. It's the State Bank of India, which is currently the oldest bank in India in existence, established in 1806.

Since the beginning, due to huge market potential, a number of banking companies have come up in India, which include both, public sector as well as private sector banks. However, the list of top 10 banking companies in India has mostly been dominated by the State Bank of India (SBI).

Since the initial days, the State Bank of India has dominated the Indian banking industry accounting for nearly 20% of the Indian banking system's deposit base. It also has got almost 20% of the credit portfolio.

The recent economic slowdown, like many other industries, also affected the Indian banking industry. However, it showed resilience to the global recession.

List of Top 10 Banking Companies in India

Following is the list of top 10 banking companies in India:

State Bank of India (Figures (2008-09) are in crore, unless specified other)

No. of offices	11447
No. of employees	205896
Business per employee (in ` lakh)	556.00
Profit per employee (in ` lakh)	4.74
Capital and Reserves & surplus	57948
Deposits	742073
Investments	275954
Advances	542503
Interest income	63788
Other income	12691
Interest expended	42915
Operating expenses	15649
Cost of Funds (CoF)	5.85
Return on advances adjusted to CoF	3.83
Wages as % to total expenses	16.64
Return on Assets	1.04
CRAR	14.25
Net NPA ratio	1.76

HDFC Bank

(Figures (2008-09) are in crore, unless specified other)

No. of offices	1400
No. of employees	52687
Business per employee (in ` lakh)	446.00
Profit per employee (in ` lakh)	4.18
Capital and Reserves & surplus	14652
Deposits	142812
Investments	58818
Advances	98883
Interest income	16332
Other income	3291
Interest expended	8911
Operating expenses	5533
Cost of Funds (CoF)	6.83
Return on advances adjusted to CoF	8.12
Wages as % to total expenses	15.50
Return on Assets	1.28
CRAR	15.69
Net NPA ratio	0.63

Axis Bank

(Figures (2008-09) are in crore, unless specified other)

No. of offices	786
No. of employees	20624
Business per employee (in ` lakh)	1060.00
Profit per employee (in ` lakh)	10.02
Capital and Reserves & surplus	10215
Deposits	117374
Investments	46330
Advances	81557
Interest income	10835
Other income	2897
Interest expended	7149
Operating expenses	2858
Cost of Funds (CoF)	5.88
Return on advances adjusted to CoF	4.69
Wages as % to total expenses	9.97
Return on Assets	1.44
CRAR	13.69
Net NPA ratio	0.40

Bank of India

(Figures (2008-09) are in crore, unless specified other)

No. of offices	2934
No. of employees	40155
Business per employee (in ` lakh)	833.00
Profit per employee (in ` lakh)	7.49
Capital and Reserves & surplus	13495
Deposits	189708
Investments	52607
Advances	142909
Interest income	16347
Other income	3052
Interest expended	10848
Operating expenses	3094
Cost of Funds (CoF)	5.79
Return on advances adjusted to CoF	4.00
Wages as % to total expenses	13.90
Return on Assets	1.49
CRAR	13.01
Net NPA ratio	0.44

Punjab National Bank

(Figures (2008-09) are in crore, unless specified other)

No. of offices	4323
No. of employees	54780
Business per employee (in ` lakh)	654.92
Profit per employee (in ` lakh)	5.64
Capital and Reserves & surplus	14654
Deposits	209760
Investments	63385
Advances	154703
Interest income	19326
Other income	2920
Interest expended	12295
Operating expenses	4206
Cost of Funds (CoF)	6.05
Return on advances adjusted to CoF	4.62
Wages as % to total expenses	17.72
Return on Assets	1.39
CRAR	14.03
Net NPA ratio	0.17

Bank of Baroda

(Figures (2008-09) are in crore, unless specified other)

No. of offices	2916
No. of employees	36838
Business per employee (in ` lakh)	914.00
Profit per employee (in ` lakh)	6.05
Capital and Reserves & surplus	12836
Deposits	192397
Investments	52446
Advances	143986
Interest income	15092
Other income	2758
Interest expended	9968
Operating expenses	3576
Cost of Funds (CoF)	5.36
Return on advances adjusted to CoF	3.58
Wages as % to total expenses	17.34
Return on Assets	1.09
CRAR	14.05
Net NPA ratio	0.31

ICICI Bank Limited

(Figures (2008-09) are in crore, unless specified other)

No. of offices	1408
No. of employees	34596
Business per employee (in ` lakh)	1154.00
Profit per employee (in ` lakh)	11.00
Capital and Reserves & surplus	49883
Deposits	218348
Investments	103058
Advances	218311
Interest income	31093
Other income	7604
Interest expended	22726
Operating expenses	7045
Cost of Funds (CoF)	5.97
Return on advances adjusted to CoF	4.09
Wages as % to total expenses	6.62
Return on Assets	0.98
CRAR	13.96
Net NPA ratio	2.09

Union Bank of India

(Figures (2008-09) are in crore, unless specified other)

No. of offices	2569
No. of employees	29014
Business per employee (in ` lakh)	694.00
Profit per employee (in ` lakh)	6.28
Capital and Reserves & surplus	8740
Deposits	138703
Investments	42997
Advances	96534
Interest income	11889
Other income	1483
Interest expended	8076
Operating expenses	2214
Cost of Funds (CoF)	6.15
Return on advances adjusted to CoF	4.27
Wages as % to total expenses	11.19
Return on Assets	1.27
CRAR	12.01
Net NPA ratio	0.34

Citibank

(Figures (2008-09) are in crore, unless specified other)

No. of offices	41
No. of employees	4795
Business per employee (in ` lakh)	1880.10
Profit per employee (in ` lakh)	45.12
Capital and Reserves & surplus	11518
Deposits	51677
Investments	24519
Advances	39920
Interest income	6840
Other income	3582
Interest expended	2429
Operating expenses	2587
Cost of Funds (CoF)	3.57
Return on advances adjusted to CoF	9.04
Wages as % to total expenses	17.56
Return on Assets	2.12
CRAR	13.23
Net NPA ratio	2.63

Canara Bank

(Figures (2008-09) are in crore, unless specified other)

No. of offices	2740
No. of employees	44090
Business per employee (in ` lakh)	780.17
Profit per employee (in ` lakh)	4.97
Capital and Reserves & surplus	12208
Deposits	186893
Investments	57777
Advances	138219
Interest income	17119
Other income	2311
Interest expended	12401
Operating expenses	3065
Cost of Funds (CoF)	6.75
Return on advances adjusted to CoF	3.69
Wages as % to total expenses	12.14
Return on Assets	1.06
CRAR	14.1
Net NPA ratio	1.09