Market Share Top ten banking groups in the world ranked by tier 1 capital France 35 BNP Paribas 10 UK 36 HBOS 9 Japan 39 Mizuho Financial Group 8 Japan 40 Mitsubishi Tokyo Financial Group 7 UK 43 Royal Bank of Scotland 6 France 63 Credit Agricole Group 5 US 64 Bank of America 4 UK 67 HSBC 3 US 69 JP Morgan Chase 2 US 73 Citigroup 1 Country Tier 1 Capital (US$ billions) Company Rank
India - Strategic Map Geographical Spread Service Quality Rural Urban Low High Regional Citibank ABN Amro State Bank of India ICICI Bank HDFC IndusInd Bank Vysya Bank Karur Vysya PNB Andhra Bank Canara Bank Co-operative Banks Rural Banks Bank of Baroda Bank of India Stan C HSBC
Increased Fee Revenue is the Goal as One-Stop Shopping is Offered by Financial Services Firms, including Banks plus Traditional and Discount Brokerages - Meanwhile, Financial Planning and Private Banking are Targeted
Branch Banking Booms
Property and Casualty Underwriters Recover from a Disastrous 2001
Only one Indian Bank in the top 100 Banks in the world
India's best and brightest, the SBI, is roughly one-tenth the size of the world's biggest bank - Citigroup
Six Chinese banks feature among the top 25 Asian banks while India has only two representatives - SBI and ICICI Bank.
Similarly, SBI's consolidated pre-tax profit is $1.9 billion against Citigroup's $29 billion, Bank of America's $25 billion and HSBC's $21 billion
The one area where Indian banks are able to compete with their global peers is their return on assets (RoA). Among big Indian banks, ICICI Bank, PNB, Canara Bank and HDFC Bank have a return on assets of over 1 per cent return, while SBI's return on assets is 0.89 per cent. Among Indian banks, HDFC Bank has the highest return on assets -- 1.71 per cent.
This is lower than that of Citigroup (1.97 per cent) but much better than the RoA of HSBC (1.40 per cent). Our banks are small but efficient. However, if the economy has to grow at over 8 per cent, they must build the scale. India Inc has already announced over Rs 650,000 crore (Rs 6,500 billion) of investment plans. Without the scale, local banks can't possibly support this growth story