Untitled Document

The publication India’s Top Banks 2007 profiles 82 scheduled commercial banks, comprising of 28 Public Sector Banks, 25 Private Sector Banks and 29 Foreign Banks, as defined by the Reserve Bank of India. The group of Public Sector Banks (PSBs) includes nationalised banks, SBI & its Associates and IDBI Ltd. The publication does not include Co-operative Banks and Regional Rural Banks.

The selection of the banks data set was based on the RBI enumeration of Scheduled Commercial Banks as of Mar 2006, which consists of 85 banks. During the year, two domestic banks were amalgamated - Ganesh Bank of Kurundwad with Federal Bank Ltd, and Bank of Punjab Ltd with Centurion Bank Ltd to become Centurion Bank of Punjab Ltd. In Sept 06, The United Western Bank Ltd was placed under moratorium leading to its amalgamation with Industrial Development Bank of India Ltd. In Oct, 2006, Sangli Bank, was merged with ICICI Bank. Ganesh Bank of Kurundwad, Sangli Bank and The United Western Bank have therefore been excluded from the publication.

The information contained in this book is based upon the financial year ending Mar 06. 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 publications, and/or in bank annual reports and websites and the BSE. Every effort was made to ensure that banks respond to the questionnaire. However, in the eventuality that a bank has not responded with critical data, the information has been sourced from RBI, annual reports, websites.

The banks profiled in this publication have been listed on various parameters, viz., Total Income, Net Profit, Branches, Employees, Assets, Loan Growth etc. All figures pertain to the financial year ending Mar 06, to ensure comparability across banks. The publication contains two other major sections, viz., Industry Report and Industry Insights. The information contained under the Industry Report section has been sourced from the RBI, and all data pertains to as reported by the same. The section under Industry Insights is based upon data as aggregated by Dun & Bradstreet, based upon the sources mentioned above.

A standardized format has been used for reporting the information on the Banks. Dun & Bradstreet has compiled the management contact details of banks from the data provided directly by the bank, or from annual reports, or as per details provided on the bank website as on mid-March 2007. The editorial team would appreciate if readers would keep Dun & Bradstreet regularly updated regarding any changes in their companies, as and when it occurs.

Each company featured in the publication has been allotted its 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 2007’ will prove useful. We would be pleased to receive your invaluable feedback and suggestions, which we can incorporate in the next edition. Your satisfaction remains our goal in Dun & Bradstreet’s journey towards excellence.