Market share of standard chartered bank in india

Standard Chartered to grow commercial banking biz by 10% | Business Standard News

On the other hand, the share of new age private sector banks was in the range of per cent, it said. Banks such as Federal Bank, South Indian Bank, City Union Bank and Karnataka Bank are old-time private sector banks, while ICICI Bank, HDFC Bank and Axis Bank are the new-age banks.

New age private sector banks dominated the growth league tables with an average y-o-y growth in assets at However, old-time private sector banks fared better in terms of profitability which stood at an average 30 per cent. The industry average growth was about 25 per cent for deposits and 31 per cent for advances, the report said. The report observed that Indian banking sector continues to remain fragmented, with the top 10 banks accounting for 65 per cent and about 40 banks sharing 27 per cent of the assets.

The study was carried out among 80 scheduled commercial banks, including 28 public sector banks, 23 private sector banks and 29 foreign banks. Of this, the 37 banks listed on the stock exchanges reported a jump of 52 per cent in profits compared to the previous corresponding period.

State Bank of India tops the list among the public sector banks, while ICICI Bank market share of standard chartered bank in india the best bank in the private sector. Citibank stands out as the best foreign sector bank, but loses out to Standard Chartered Bank in terms of profitability.

Banks such as Federal Bank, South Indian Bank and City Union Bank are losing market share of standard chartered bank in india in market share to their new age counterparts in the private sector, said a study which also named ICICI Bank and SBI as the best banks in their respective categories. Upgrade To Premium Services. Business Standard is happy to inform you of the launch of "Business Standard Premium Services". As a premium subscriber you get an across device unfettered access to a 10 minutes best binary options ea strategy of services which include:.

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