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Retail Banking
Retail Banking
Market 488
559
370 415
326
Size 105 123 124 121 126
Trend Point: Private sector expanded at an CAGR of 14.44 per cent, while foreign banks posted
a growth of 4.69 per cent
106
103
103
Banks
103
102
Sector
76
14%
67
58
Foreign
43
37
Composition
34
31
31
18
18
20
29
Banks
6
FY09 FY10 FY11 FY12 FY13 FY14 FY15 FY16 FY17 30% Regional
Public Sector Private Sector Foreign Banks Rural
banks
Note: Figures given for the breakup are exclusive of 1,589 Urban Cooperative Banks and 93,550 Rural Cooperative Banks operational
in India.
(US$ bn)
Key Trends Growth in deposits over the past few years
CAGR 11.71%
Government
Initiatives
As of November 8, 2017,
Rs 67,687.72 crore (US$
10.52 billion) were
deposited and 306 million
accounts were opened in
India.