Indian Banking Industry










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Banking Industry INDIAN BANKING INDUSTRY AT A GLANCE IN 2017 - 2018 Banking Industry


Overview

Strong growth in savings amid rising disposable income levels are the major factors influencing deposit growth in the Indian Banking Sector. During FY06–17, deposits grew at a CAGR of 12.03 per cent and reached 1.54 trillion by FY171. ICRA estimates that credit growth in India’s banking sector was at 7-8 per cent in FY 2017-18. As per the Reserve Bank of India (RBI), India’s banking sector is sufficiently capitalised and well-regulated. Post-demonetization the Banking industry has performed well. The financial and economic conditions in the country are far superior to any other country in the world. Credit, market and liquidity risk studies suggest that Indian banks are generally resilient and have withstood the global downturn well not to mention their Non-performing Assets. The digital payments system in India has evolved the most when compared to the other developed countries and is making great strides. In August 2017, Global rating agency Moody's announced that its outlook for the Indian banking system was stable.

Industry Forecast

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


Indian Banking Industry in 2017-2018



Banking Industry  INDIAN BankING INDUSTRY AT A Glance IN 2016 - 2017

Banking Industry  INDIAN BankING INDUSTRY AT A Glance IN 2015 - 2016

Banking Industry  INDIAN BankING INDUSTRY AT A Glance IN 2014 - 2015

Banking Industry  INDIAN BankING INDUSTRY AT A Glance IN 2013 - 2014

Banking Industry  INDIAN BankING INDUSTRY AT A Glance IN 2012 - 2013

Banking Industry  INDIAN BankING INDUSTRY AT A Glance IN 2011 - 2012

Banking Industry  Indian Banks' Association (IBA)

Indian Industry  back to banking INDUSTRY