Lately, hit either by the persisting economic downturn, the high
interest rates or their own over-leveraging, a number of high-profile
companies have sought to restructure their loans. Is it getting too much?
India's banking sector has changed a lot, set to change further: KPMG From providing plain vanilla banking services, banks have gradually transformed themselves into universal banks. ATMs, Internet banking, mobile banking and social banking have made "anytime anywhere banking" the norm now. The banking sector has changed a lot, and is set to be transformed even further.
India continues to offer vast opportunities to foreign banks Foreign banks continue to enter India, despite its restrictive regulations, because of the vast opportunity the country offers. They now constitute the largest segment of scheduled commercial banks in the country.
Best Banks 2012: Rana Kapoor takes YES Bank to top of mid-sized bank category In the Business Today-KPMG study 2012, YES Bank has emerged the best
midsized bank, edging out close rivals such as Kotak Mahindra Bank and
DBS Bank as well as last year's winner, IndusInd Bank. Rana Kapoor has taken YES Bank to the top in its category. He now wants to rapidly grow the retail business.
Branch banking unlikely to go out of fashion in India Electronic transactions are fast catching on. Technology is not only making banking convenient for customers, it has also allowed banks to expand their businesses faster. The cost of servicing a client is highest at a branch followed by ATMs, online and mobile phones.
Business Today-KPMG Study of India's Best Banks in 2012 The Indian banking sector is coping with an increasingly risky environment after four years of the global financial crisis. Even as pinstripe-clad bankers tighten their belts, Business Today and KPMG together raise the annual toast to the best in the industry.
Bank of Baroda tops Business Today-KPMG study of India's Best Banks 2012 The 104-year-old public sector lender has, for the second year in a row, emerged India's best bank in the Business Today-KPMG study, ahead of all the seemingly more nimble and market savvy private banks that have sprung up in recent decades.
RBI Governor D Subbarao on the state of banking industry and challenges it faces Reserve Bank of India Governor D. Subbarao discusses the state of the
banking industry and its future challenges with Chaitanya Kalbag and
New generation private banks setting the trend in Indian banking space The real contribution of private sector banks has been to transform the way banking is done in India, says Chanda Kochhar, the MD & CEO of ICICI Bank.
Business Today-KPMG study of India's Best Banks Here's a look at the top banks in India in various categories - Large Banks, Mid-sized Banks, Small Banks and Very Small Banks.
Best Banks 2012: How we ranked them The data used for the rankings was based on published annual reports of
banks and the Reserve Bank of India's Profile of Banks, 2011/2012.
India's Best Banks 2012: The other winners Some banks have found ways to grow while preserving or even improving the quality of their assets and service.