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Do you Know

In India: 
  • Public sector banks (26); Private sector banks (21); Foreign banks (43); Regional Rural Banks (RRB) (62); Urban cooperative banks (1,674); Rural cooperative credit institutions (96,751)
  • Total Indian banking sector assets has reached USD1.5 trillion in FY12 from USD1.3 trillion in FY10, with 73 per cent of it being accounted by the public sector.
  • Total number of ATMs in India have increased to 1,04,500 in 2012 and is further expected to double over the next two years, thereby taking the number of ATMs per million population from 85, at present, to about 170.
  • Total lending and deposits have increased at CAGR of 22.8 per cent and 21.2 per cent, respectively, during FY06-13 and are further poised for growth, backed by demand for housing and personal finance.
  • With the help of Financial Inclusion Plan (FY10-13), the banking connectivity in India increased more than threefold to 211,234 villages in 2013 from 67,694, at the beginning of the plan period.