文本描述
Table of Content
Executive Summary.….…….3
Advantage India…..….……...4
Market Overview …….……...6
Notable Trends.….…..….….15
Strategies Adopted……...…22
Growth Drivers and Opportunities.24
Key Industry Organizations....…….32
Useful Information.......…….34
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EXECUTIVE SUMMARY
Value of public sector bank assets increased to US$ 1.56 trillion in FY18 from US$ 1.52 trillion in FY17. Robust asset growth
Source: India Banking Association, Reserve Bank of India
Total lending has increased at a CAGR of 10.94 per cent during FY07-18 and total deposits have increased at
a CAGR of 11.66 per cent, during FY07-18 and are further poised for growth, backed by demand for housing
and personal finance.
Growing lending and
deposit
As of August 2018, total number of ATMs in India increased to 213,004 and is further expected to increase to
407,000 by 2021. Higher ATM penetration
As of June 2017, 56 regional rural banks are functioning in the country.
RBI has allowed, regional rural banks with net worth of at least US$ 15.28 million to launch internet banking
facilities.
As of September 2018, the Government of India has launched India Post Payments Bank (IPPB) and has
opened branches across 650 districts to achieve the objective of financial inclusion.
Rising rural penetration
Notes: ATM - Automated Teller Machine, FIP – Financial Inclusion Plan, RBI – Reserve Bank of India
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ADVANTAGE INDIA。