HEADLINES:  

The Indian banking system consists of 18 public sector banks, 22 private sector banks, 46 foreign banks, 53 regional rural banks, 1,542 urban cooperative banks and 94,384 rural cooperative banks in 2019.

Assets of the Industry

During FY07–19, deposits grew at a CAGR of 11.11 per cent and reached US$ 1.86 trillion by FY19. Deposits as of Feb 2020, stood at Rs 132.35 lakh crore (US$ 1,893.77 billion).
The total equity funding of microfinance sector grew at the rate of 42 year-on-year to Rs 14,206 crore (US$ 2.03 billion) in 2018-19. The NPAs (Non-Performing Assets) of commercial banks has recorded a recovery of Rs 400,000 crore (US$ 57.23 billion) in last four years including record recovery of Rs 156,746 crore (US$ 22.42 billion) in FY19.

Under the Budget 2019-20, government has proposed Rs 70,000 crore (US$ 10.2 billion) to the public sector bank. The Indian Government has smoothly carried out consolidation, reducing the number of Public Sector Banks by eight. India’s digital lending is estimated to reach US$ 1 trillion by FY2023 driven by the five-fold increase in the digital disbursements.

  INDIAN BankING INDUSTRY AT A Glance IN 2018 - 2019

  INDIAN BankING INDUSTRY AT A Glance IN 2017 - 2018

  INDIAN BankING INDUSTRY AT A Glance IN 2016 - 2017

  INDIAN BankING INDUSTRY AT A Glance IN 2015 - 2016

  INDIAN BankING INDUSTRY AT A Glance IN 2014 - 2015

  INDIAN BankING INDUSTRY AT A Glance IN 2013 - 2014

  INDIAN BankING INDUSTRY AT A Glance IN 2012 - 2013

  INDIAN BankING INDUSTRY AT A Glance IN 2011 - 2012

  Indian Banks' Association (IBA)

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