List Of Private Banks In India: Market Capitalization, Net Sales And More

Founded in August 2015, Bandhan Bank is the subsidiary of the renowned company Bandhan Financial Holdings Limited (BFHL). It is in the initial process of expanding its network with the current number of branches at 501. It was started by Chandra Shekhar Ghosh, who is currently serving as the CEO of the bank as well. Yes Bank Limited is a significant bank specializing in providing aid to corporate and retail customers. With dwindling and developing financial circumstances, a user should consider the best banking options in different private banks in India.

  1. It is a universal bank in Jammu & Kashmir and Ladakh and is a specialized bank in the rest of the country.
  2. The null hypothesis in the unconditional Kaplan and Meier (1958) estimator is the equality of the unconditional survival rates for the two bank types, whereby the significance is checked using a log-rank test statistic.
  3. In terms of size and turnover, the failed banks are significantly smaller than the surviving banks.
  4. In other words, when a bank’s size exceeds a particular threshold, it is positively related to earnings volatility.

The study helps to carry out comparative analyses of the survival of banks. It has significant implications for the decisions of various stakeholders such as shareholders, management of the banks, analysts, and policymakers. This study also indicates that the design and implementation of early warning systems for bank failure should distinguish the different risk profiles of the banks based on the size and ownership. It was formerly known as the Catholic Syrian Bank and is one of India’s oldest private sector banks as it was established in November 1920.

It was named Travancore Federal Bank when it was established, but later on, it changed. The HDFC bank is the most famous bank in India due to its large banking network. It is undoubtedly the largest bank in the country in terms of the assets it holds. With an amazing market capitalization, it has a decent reach of more than 5500 bank branches all over the country.

Public Sector Banks

The survival method aims to estimate survival times in different categories and inspect how much predictors affect the risk of events (Chart 1). Notably, only research and review articles in journals have been considered for bibliometric and content analyses. First, in our bibliometric analysis, we have identified 998 articles from 1991 to 2020 based on the survival or failure of firms. These research articles are gathered from the Science Direct, Emerald, and ProQuest databases.

Axis Pension Fund Management Limited (APFML) was incorporated on 17th May 2022 to undertake pension fund management business under the National Pension System. AAMC was incorporated on 13th January 2009 and received its certificate of commencement on 4th March 2009. In 2020, many banks got merged, and now there are 21 private banks in India as of 2024. It is a universal bank in Jammu & Kashmir and Ladakh and is a specialized bank in the rest of the country.

Conclusions and Implication of the Study

It is a non-deposit accepting non-banking finance company (NBFC) regulated by the RBI. People prefer using the services of this Bank because it is a customer-centric bank and offers quick and personalized services to its customers in the best possible way. Initially, IDFC was established in 1997for financing infrastructure, and their prime focus was on project finance and mobilization of Capital for the development of private-sector infrastructure. In 2005, they expanded the business, and later, in 2013, they applied for a bank license to the RBI. They have an interesting tagline that absolutely goes with the services they offer, i.e., “A perfect banking partner.” They render their users one of the most efficient and convenient banking solutions. It is one of the first traditional banks in India that made all its branches computerized as soon as the concept of digitalization started.

Herein, the variable equals zero for the surviving banks in all the sample years. A bank generally fails (Pappas et al., 2017) when any conditions such as bankruptcy, dissolution, negative assets, merger, or acquisition occur. Cox proportional hazards model has been used in this study to measure the survival of the banks.

Structure of Banking FAQs

Therefore, the model satisfies the assumption of the proportional hazards for the cox model. As it is evident from Figure 2, between 2004 and 2013, maximum articles were published on the survival of firms. Probably, this was the time when the market was more uncertain, and the risk was high for firms. The authors have formulated a word cloud for the title of the research articles using text mining as shown in Figure 2.

Kotak Mahindra Bank

People in Maharashtra and Southern India prefer opening their accounts in CSB Bank because of the credibility and reputation they have maintained. Their banking solutions are fabulous, and they offer financial services in the form of asset & liability and products & services. Some of the primary services they offer to its customers are banking services, microfinance, MSME, and affordable housing finance to urban, semi-urban, and rural customers. They kept this name because they were inspired by the Indus Valley civilization, which is the greatest ancient culture in the world.

They are profit-driven, due to which they provide a better service level. Over the years, the Indian banking system has evolved to attain excellence and transparency in providing financial services to customers. It holds the financial conditions of various social classes of the country. For several reasons, a bank job through the IBPS recruitment process is considered secure and beneficial. Firstly, banks are integral to the economic system, providing stability and longevity to employment.

Public and private banks in India are coming with more flexibility in terms of their offerings and schemes. But private banks have come in a better position to be people’s best choices. Private banks in India are better in terms of operational efficiency and innovation level.

A few banks operate in rural areas and are specifically engaged in serving small businesses, agriculture, small cottage industries, or self-help groups. On the other hand, commercial banks work in both rural hierarchy in private banks in india and urban areas. Therefore, an effective banking system is vital for the good growth of the economy. Headquartered in Kerala, South Indian Bank has a decent national presence with 924 bank branches.

They understand the customer’s needs pretty well and ensure to deliver remarkable financial solutions and excellent customer services. It is a new generation private bank and has deep roots in India since it was established in the 1930s. They have contemporary technology and infrastructure, such as state-of-the-art banking for both personal and business banking customers. They provide a plethora of financial services to retail customers, small businesses, and corporate.

Table 6 represents the correlation between various features used in the survival model, and it is evident that some of them have a statistically significant correlation, while some have insignificant. We have classified banks into smaller and bigger banks using the medians of their asset distributions and denoted by size (0, 1), where 1 represents bigger banks, and 0 represents smaller banks. In columns III and IV, we have compared the accounting profiles of both small and big banks.


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