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India’s Top Banks 2009 profiles 74 scheduled commercial banks, comprising of 26 Public Sector Banks (PSBs), 21 Private Sector Banks and 27 Foreign Banks, as enumerated by the Reserve Bank of India. The group of PSBs includes nationalised banks and State Bank of India & its associates. The publication does not include Co-operative Banks, Regional Rural Banks and the banks which were not willing to be a part of this publication.

During the year, one foreign bank – American Express Bank and three domestic banks – Sangli Bank, Centurion Bank of Punjab and State Bank of Saurashtra were amalgamated. In Mar 2008, American Express Bank was merged with Standard Chartered Bank, while, Sangli Bank was merged with ICICI Bank and Centurion Bank of Punjab was merged with the HDFC Bank Ltd in April 2008. This was followed by the merger of State Bank of Saurashtra with State Bank of India in Aug 2008. American Express Bank, Sangli Bank, Centurion Bank of Punjab and State Bank of Saurashtra have therefore been excluded from the publication.

The information contained in this book is based upon the financial year ending Mar 08. The information has been primarily sourced and compiled from questionnaires circulated and administered by D&B India, and/or as provided by the Reserve Bank of India in its various documents, and/or in the bank annual reports and websites. Information related to financials and infrastructure of the banks has been taken purely from the various documents provided by the RBI and pertains to 2007 - 2008. Further, companies that explicitly declined to participate have been excluded.

Banks profiled in this publication have been listed on major parameters such as Total Income, Net Profit, Branches, Total Employees, Growth in Advances, Growth in Deposits, ATMs etc. All data pertains to the financial year ended Mar 2008. The publication also contains an industry review that presents an analysis on aspects such as growth, profitability etc., and a brief section on insights on banking drawn from recent developments and emerging trends in Indian banking. A standardised format has been used for reporting the information on the Banks. The editorial team will appreciate if banks keep Dun & Bradstreet regularly updated regarding any changes as and when they occur.

Each bank featured in the publication has been allotted a unique identification number (D-U-N-S® – Data Universal Numbering System). This will help readers locate and obtain full-fledged information reports on these companies from the Dun & Bradstreet database.

The editorial team is confident that ‘India’s Top Banks 2009’ will prove useful. We would be pleased to receive your invaluable feedback and suggestion. Your satisfaction remains our goal in Dun & Bradstreet’s journey towards excellence.