Barclays balance sheet is not in the league of the big four foreign
banks - Citi, Standard Chartered, HSBC and Deutsche - but the bank
surpasses competition in terms of CAGR on deposits, advances, fee income
and operating profits.
In the past three years, the bank's advances grew even faster at 27.85 per cent
CAGR, while in 2015/16 it grew by 29.99 per cent, according to BT-KPMG
study. Growth in deposits clocked 18.61 per cent CAGR in the three-year
period, but picked up pace in 2015/16 to 22.53 per cent.
Indian banks are battling numerous challenges, including digitisation, deteriorating asset quality, disruption from new financial sector players and, now, demonetisation. The 21st edition of the BT-KPMG Best Banks study identifies banks that have flourished despite the odds and raises a toast to those that are the best in class.