In a year credit was tight, public sector banks made merry, with three of them vaulting into the top six.
DBS Bank climbs to pole position in the category of banks with a balance sheet size of more than Rs 3,000 crore and 10 branches or less. The success mantra: Stay away from retail.
When the global banking system was laid low last year, a number of foreign banks’ Indian operations got the sniffles. Result: Many have tumbled down the BT-KPMG rankings.
With a sharp eye out for poorly-served customers and on cross-selling products, YES Bank comes out ahead among mid-tier peers for the second year running. Sustaining the pace could be tough, though.
They are a motley bunch, some large and some small, all winners in their category. They have two things in common: motivated people and a distaste for non-performing assets.
The Indian banking system did well to survive the carnage of the global meltdown that brought marquee institutions down to their knees. But there are challenges which, if not tackled, could derail India’s ambition of higher economic growth.
The 16th BT-KPMG study on Indian banks throws up a new winner as well as a pack of surprise climbers, and highlights the shifting trends in Indian banking.
Axis Bank storms its way to the apex of the league of best banks, courtesy a measured focus on growth, returns and efficiency. And there’s a plan to scale up, too.
Jeannie Cho Lee has finally bridged the huge gap in our knowledge about pairing Asian food with international wine, but her size zero figure belies her passion for calorie-laden inducements.