Financial Performance of Private Sector Banks in India

– An Evaluation.

Prepared by

B.Sathish Kumar
Faculty MBA
VLB Janakiammal College of Engineering & Technology
Coimbatore. 641042
Tamilnadu - India
Sathish_inbox@yahoo.co.in

Abstract:

Private sector banks play an important role in development of Indian economy. After
liberalization the banking industry under went major changes. The economic reforms
totally have changed the banking sector. RBI permitted new banks to be started in the
private sector as per the recommendation of Narashiman committee. The Indian
banking industry was dominated by public sector banks. But now the situations have
changed new generation banks with used of technology and professional management
has gained a reasonable position in the banking industry. The main idea of this article is
to make an evaluation of the financial performance of Indian private sector banks.
 Financial Performance of Private Sector Banks in India – An Evaluation

Introduction:
Private sector bank plays an important role in development of Indian economy.
After liberalization the banking industry under went major changes. Important decisions
taken by government after liberalization are reduce of government’s stake 0f 51% in
public sector banks. RBI permitted new banks to be started in the private sector as per
the recommendation of Narashiman committee. Foreign banks also were permitted to
enter Indian banking industry.
During 1994-1995 permission were give to set up banks like UTI bank, Induslnd
bank, ICICI bank, Global trust bank Ltd., Centurion bank Ltd., and HDFC bank Ltd.,
latter during 1995-1996 further new banks like Times bank Ltd., Bank of Punjab ltd.,
Development credit bank Ltd., and IDBI bank was set up. The following table shows the
number of banks and branches operating in India as on 30th June 2006.

No. of Numbers
Bank Group
Branches of Banks
Nationalized Sector Banks 34073 19
State bank of India 13844 8
Other Public Sector bank 181 1
Private sector banks 6543 28
Regional rural bank 14488 130#
Non Schedule commercial banks 26 4
Foreign Banks 262 29
Total 69417 219
#
36 RRB was amalgamated into 12 RRB during 1st April to 30th June 2006.

Functioning of Public Sector Banks (PSBs), is at a relative disadvantage when

compared to the private sector, which is offering state-of-the-art facilities such as ATMs,
doorstep banking, banking on phone, internet banking, core banking etc. PSBs also
suffer from huge costs of labor and low levels of automation. This apart, the problems
which have assumed enormous proportion today as far as Public Sector banks
concerned are ballooning NPA levels, declining margins, poor credit off-take, high

2
overheads, and lack of good quality assets. But at this juncture we have to accept that
the number of branch network offered by public sector banks cannot be matched with
other sectors.

Methodology
This article is an attempt to study the financial performance of Indian private
sector bank and rank them based on each variable for the period of study. A consolidate
ranking is also calculate. This is calculated by taking the average of the three years rank
and once again ranking them based on average. To analyze the financial performance
variables like Business per employee, return on assets, profit per employee, capital
adequacy, credit deposit ratio, operating profit and percentage of net Non performing
asset to net advance are taken for analysis.
Data are collected from secondary sources like RBI bulletin and other web site
relating to banking industry. Data were collected for a period of three years (2003-2004,
2004-2005, and 2005-2006) from all Indian private sector banks.
Analysis
The following are the outcome of the analysis.
1. The ratio return on assets is used to measure the profitability of the banks.
During the year 2003-2004 SBI commercial and international bank ranks first with
3.9% followed by Karur Vysya Bank Ltd., and Kotak Mahindra Bank Ltd., The
least performer during 2003-2004 was Centurion Bank Ltd which was -3.16%
During the year 2004-2005 the best performer in terms of return on assets can
be assigned to Kotak Mahindra Bank Ltd., followed by Tamilnad Mercantile Bank
and Indusind bank in second and third position respectively. Development Credit
Bank Ltd., with a negative return on assets of 3.38% ranks at the end. In case of
the year 2005-2006 Yes bank has got the first rank and Tamilnad mercantile
bank has retained its position of second rank. Development Credit bank ranks
the last with a negative return on assets of 2.01%
2. To measure the efficiency of the employee working in bank we can use profit per
employee as a tool. During the year 2003-2004 SBI Commercial & International
bank Ltd., ranks first with a profit per employee of Rs. 17.12 lakhs. During this

3
 period The Sangli Bank Ltd., rank the least with Rs. 0.62 lakhs. During the year
2004-2005 and 2005-2006 ICICI Bank Ltd., ranks first with a profit per employee
of Rs. 11 lakhs and Rs. 10 lakhs respectively. The SBI Commercial &
International Bank Ltd., which ranked first during the year 2003-2004, has gone
down in ranking to 26th position with a negative profit per employee of Rs. 9.73
lakhs. During this period the Development Credit Bank Ltd., has the lowest rank.
During the year 2005-2006 Yes bank has gained to 2nd position from 23rd
position. Development Credit Bank Ltd., rank the last with a loss per employee of
Rs. 7 lakhs.
3. In terms of operating profit, ICICI Bank Ltd. Ranks first all the years of study.
During the year 2003 – 2004, The Ganesh Bank of Kurundwad Ltd., ranks least
with the operating profit Rs. 1.97 Crores. During the years 2004-2005 and 2005-
2006 Development Credit Bank Ltd., has incurred a operating loss of Rs. 4.12
crores and 19.67 crores respectively and has been dragged to last rank.
4. Business per employee is also a tool to measure the efficiency of the employee
of the banks, it is calculated by dividing the aggregate of total deposit raised and
total advances distributed in a particular year by the number of employees. UTI
Bank Ltd., Indusind Bank and ICICI Bank Ltd., dominates by gaining top rank
during the period of study. Nainital Bank Ltd., The Ganesh Bank of Kurundwad
Ltd and The Sangli bank Ltd are at the least positions during the period of study.
5. Capital adequacy ratio is calculated by dividing the capital (Tier I and Tier II) by
risk weighted assets. Equity capital and Free reserves come under the category
of Tier I capital. Tier II capital consists of Debts. The Current capital adequacy
norm fixed by RBI is 8% with effect from March 31, 1996.Higher the ratio the
banks are in a comfortable position to absorb losses. From the table v we infer
that SBI commercial & international bank Ltd. ranks first with high capital
adequacy ratio in all years of study. During the year 2004 – 2005 The Ganesh
Bank of Kurundwad Ltd and The United western Bank Ltd., are the banks which
fall below the standard of 8%. Similarly, The United western Bank Ltd. is also
below the standard with a negative ratio during the year 2005 -2006.

4
 6. Credit deposit ratio is a tool used to study the liquidity position of the bank. It is
calculated by dividing the cash held in different forms by total deposit. A high
ratio shows that there is more amounts of liquid cash with the bank to met its
clients cash withdrawals. We can find from table VI, banks like ICICI bank Ltd,
Yes Bank and Ing Vysya Bank maintain a high ratio during the period of study.
The Bank of Rajasthan Ltd., has maintained a least ratio during all years of
study.
7. Net NPA as a percentage of Net advances is used to study the quality of the
assets of the bank. From the table VII we can observe that SBI Commercial &
International Bank Ltd., ranks first , second and third position during the years
2003- 2004, 2004-2005 and 2005-2006. The Ganesh Bank of Kurundwad Ltd.,
Western Union Bank Ltd., and Development Credit bank plays a predominant
position. Kotak Mahindra bank Ltd., HDFC bank Ltd., have taken up the least
position during the period of study.

Findings:
The following are the summarized results of analysis:
1. We can conclude that the best performing bank on the basis of profitability
are Kotak Mahindra Bank Ltd. The bank which performs least is
Development Credit Bank Ltd.
2. From the analysis we can come to a conclusion that UTI bank Ltd.,
employees generate more business.
3. We can see from the table III that ICICI Bank employees are those who
generate more profit. Similarly the operating profit is the highest among all
private sector banks.
4. SBI Commercial & International Bank Ltd. is the organization which
maintains the highest capital adequacy ratio during all years of study.
5. We can find that ICICI bank Ltd., and Yes bank Ltd., are those which
maintains a good liquidity position.

5
 6. In studying the quality of assets with Net NPA as a percentage of Net
advances Indusind Bank Ltd. and The Ganesh Bank of Kurundwad Ltd.
has taken the top position.

Conclusion:
Indian banking system has under gone a drastic change since liberalization. The
new generation private sector bank has best used the technology, utilize the
manpower in an effective manner. They are professionally managed. These have
made them to attract more customers and made them to grower faster and
stronger.

Reference
Trends and progress of Banking in India, RBI annual Report 2005-2006
December 2006, Best Bank – 2006, Business India.
www.rbi.org.in
www.iba.org.in

6
Annexure

I Table showing return on assets and rank of private sector banks

Return on Assets Rank RANK

No BANKS 2004 2005 2006 2004 2005 2006
1 Bharat Overseas Bank Ltd. 1.25 0.62 0.15 15 12 21 15
2 City Union Bank Ltd. 1.86 1.33 1.46 5 7 4 4
3 Development Credit Bank Ltd. 0.37 -3.38 -2.01 27 29 26 29
4 Ing Vysya Bank Ltd. 0.45 -0.25 0.05 25 20 24 25
5 The Karnataka Bank Ltd. 1.34 1.27 1.28 11 8 8 7
6 Lord Krishna Bank Ltd. 1.33 0 0.17 12 19 20 18
7 Nainital Bank Ltd. 1.58 1.25 1.06 8 9 12 9
8 SBI Commercial & International Bank Ltd. 3.67 -2.1 1.09 1 27 11 13
9 Tamilnad Mercantile Bank Ltd. 1.59 1.52 1.67 7 2 2 2
10 The Bank of Rajasthan Ltd. 0.82 0.38 0.19 22 15 19 14
11 The Catholic Syrian Bank Ltd. 1.31 0.24 0.13 13 16 22 18
12 The Dhanalakshmi Bank Ltd. 0.71 -0.83 0.33 23 22 17 22
13 The Federal Bank Ltd. 0.9 0.62 1.28 19 12 8 13
14 The Ganesh Bank of Kurundwad Ltd. 0.86 -2.58 NA 20 28 - 26
15 The Jammu & Kashmir Bank Ltd. 1.92 0.47 0.67 4 14 14 11
16 The Karur Vysya Bank Ltd. 2.43 1.45 1.65 2 6 3 2
17 The Lakshmi Vilas Bank Ltd. 1.19 0.08 0.53 16 18 15 16
18 The Ratnakar Bank Ltd. 1.12 -1.17 0.07 17 23 23 7
19 The Sangli Bank Ltd. 0.64 -1.52 NA 24 26 - 27
20 The South Indian Bank Ltd. 1 0.09 0.53 18 17 15 17
21 The United Western Bank Ltd. 0.43 -1.42 -1.55 26 25 25 28
22 Bank of Punjab Ltd.* 0.85 -1.29 NA 21 24 - 6
23 Centurion Bank Ltd.* -3.16 0.64 0.89 28 11 13 20
24 HDFC Bank Ltd. 1.45 1.47 1.38 9 5 6 5
25 ICICI Bank Ltd. 1.31 1.48 1.3 13 4 7 6
26 Indusind Bank Ltd. 1.74 1.5 0.22 6 3 18 2
27 Kotak Mahindra Bank Ltd. 2.4 1.56 1.39 3 1 5 1
28 UTI Bank Ltd. 1.42 1.21 1.18 10 10 10 10
29 YES Bank - -0.29 2.13 - 21 1 12

7
 II: Table showing business per employee and rank of private sector banks

Business Per Employee Rank RANK

No BANKS
2004 2005 2006 2004 2005 2006
1 Bharat Overseas Bank Ltd. 370 422 484 9 8 8 7
2 City Union Bank Ltd. 286.8 325.8 339.69 20 18 18 19
3 Development Credit Bank Ltd. 480.45 402 390 6 9 14 9
4 Ing Vysya Bank Ltd. 324.34 394.92 426 14 10 12 12
5 The Karnataka Bank Ltd. 320.23 380.9 478.29 15 14 9 13
6 Lord Krishna Bank Ltd. 308.94 306.35 326 16 21 20 20
7 Nainital Bank Ltd. 124.56 162.32 225 27 27 26 27
SBI Commercial & International Bank
8 Ltd. 570.69 527.06 626.43 5 6 6 6
9 Tamilnad Mercantile Bank Ltd. 292.43 316.97 358.29 18 19 16 18
10 The Bank of Rajasthan Ltd. 199.93 231.18 291.4 23 24 23 16
11 The Catholic Syrian Bank Ltd. 182.16 220 247 25 26 25 26
12 The Dhanalakshmi Bank Ltd. 248.63 292.7 311.71 22 23 22 23
13 The Federal Bank Ltd. 327 366 431 13 15 11 15
14 The Ganesh Bank of Kurundwad Ltd. 126.21 124.28 NA 26 28 -- 28
15 The Jammu & Kashmir Bank Ltd. 345 435 516 11 7 7 7
16 The Karur Vysya Bank Ltd. 330 387 439 12 12 10 10
17 The Lakshmi Vilas Bank Ltd. 276 296 371 21 22 15 21
18 The Ratnakar Bank Ltd. 198.36 220.75 250.92 24 25 24 5
19 The Sangli Bank Ltd. 95.7 105.35 NA 28 29 -- 29
20 The South Indian Bank Ltd. 306 352 422 17 17 13 17
21 The United Western Bank Ltd. 290 309 324 19 20 21 22
22 Bank of Punjab Ltd.* 444.54 355.93 NA 7 16 -- 19
23 Centurion Bank Ltd.* 392.84 383.49 339 8 13 19 16
24 HDFC Bank Ltd. 866 806 758 3 4 5 4
25 ICICI Bank Ltd. 1010 880 905 2 3 2 3
26 Indusind Bank Ltd. 1079.95 925.78 880.18 1 2 3 1
27 Kotak Mahindra Bank Ltd. 354.28 387.27 352 10 11 17 13
28 UTI Bank Ltd. 808 1021 1020 4 1 1 1
29 YES Bank - 687.93 848.08 -- 5 4 5

8
III: Table showing profit per employee and rank of private sector banks
(Rs. In lakhs)
Profit Per Employee Rank RANK
No BANKS
2004 2005 2006 2004 2005 2006
1 Bharat Overseas Bank Ltd. 3.41 1.86 0.51 11 12 19 14
2 City Union Bank Ltd. 4.09 3.23 3.51 9 9 11 8
3 Development Credit Bank Ltd. 1.21 -11 -7 23 27 26 28
4 Ing Vysya Bank Ltd. 1.15 -0.01 0 24 19 24 25
5 The Karnataka Bank Ltd. 3.1 3.35 4.05 12 8 9 8
6 Lord Krishna Bank Ltd. 2.37 -- 0 15 -- 23 21
7 Nainital Bank Ltd. 1.91 2 2 19 10 13 14
8 SBI Commercial & International Bank Ltd. 17.12 -9.73 5.7 1 26 5 11
9 Tamilnad Mercantile Bank Ltd. 3.69 3.6 4.41 10 7 7 7
10 The Bank of Rajasthan Ltd. 1.67 0.86 0.38 20 15 20 12
11 The Catholic Syrian Bank Ltd. 1.96 0.37 0.22 18 16 21 18
12 The Dhanalakshmi Bank Ltd. 1.32 -1.65 0.72 22 20 18 23
13 The Federal Bank Ltd. 2.14 1.39 3.54 16 14 10 13
14 The Ganesh Bank of Kurundwad Ltd. 0.81 NA NA 26 -- -- 29
15 The Jammu & Kashmir Bank Ltd. 6 2 3 7 10 12 8
16 The Karur Vysya Bank Ltd. 5.65 3.75 4.65 8 6 6 6
17 The Lakshmi Vilas Bank Ltd. 2.11 0.17 1.2 17 18 17 17
18 The Ratnakar Bank Ltd. 1.58 -1.73 0.11 21 22 22 6
19 The Sangli Bank Ltd. 0.62 -1.66 - 27 21 -- 26
20 The South Indian Bank Ltd. 2.39 0.24 1.37 14 17 16 16
21 The United Western Bank Ltd. 0.96 -3.12 -3.48 25 24 25 27
22 Bank of Punjab Ltd.* 2.53 -3.24 NA 13 25 -- 8
23 Centurion Bank Ltd.* 0 1.83 1.96 28 13 14 18
24 HDFC Bank Ltd. 9.39 8.8 7.39 5 3 4 2
25 ICICI Bank Ltd. 12 11 10 3 1 1 1
26 Indusind Bank Ltd. 14.98 10.12 1.56 2 2 15 3
27 Kotak Mahindra Bank Ltd. 10.25 5.37 4.15 4 5 8 4
28 UTI Bank Ltd. 8.07 8.02 8.69 6 4 3 3
29 YES Bank - -1.82 8.82 -- 23 2 12

9
 IV: Table showing Operating profit and rank of private sector banks
(Rs. In crores)
Operating profit Rank RANK
BANKS
No 2004 2005 2006 2004 2005 2006
1 Bharat Overseas Bank Ltd. 56.83 54.32 45.42 20 18 16 18
2 City Union Bank Ltd. 117.8 81.67 109.15 16 14 14 13
3 Development Credit Bank Ltd. 53.96 -4.12 -19.67 21 29 26 28
4 Ing Vysya Bank Ltd. 261.8 99.33 152.71 8 12 12 11
5 The Karnataka Bank Ltd. 329.79 340.71 328.29 7 7 6 7
6 Lord Krishna Bank Ltd. 48.3 -1.05 12.16 22 26 25 26
7 Nainital Bank Ltd. 20.64 21.1 27.9 25 20 22 23
8 SBI Commercial & International Bank Ltd. 25.98 10.92 20.02 24 23 23 24
9 Tamilnad Mercantile Bank Ltd. 169.89 174.21 198.91 12 9 10 10
10 The Bank of Rajasthan Ltd. 185.3 82.45 28.9 11 13 20 10
11 The Catholic Syrian Bank Ltd. 123.27 78.58 36.99 15 15 19 16
12 The Dhanalakshmi Bank Ltd. 66.95 18.45 28.25 19 22 21 21
13 The Federal Bank Ltd. 436.75 400.4 452.18 6 5 4 4
14 The Ganesh Bank of Kurundwad Ltd. 1.97 -2.72 N.A. 28 27 -- 29
15 The Jammu & Kashmir Bank Ltd. 628.42 369.58 451.65 4 6 5 4
16 The Karur Vysya Bank Ltd. 214.56 199.23 228.65 10 8 7 8
17 The Lakshmi Vilas Bank Ltd. 86.75 54.71 39.92 18 17 18 17
18 The Ratnakar Bank Ltd. 13.9 9.54 12.98 26 24 24 3
19 The Sangli Bank Ltd. 28.03 6 N.A. 23 25 -- 25
20 The South Indian Bank Ltd. 241.98 172.23 156.39 9 10 11 9
21 The United Western Bank Ltd. 132.8 72.08 40.62 13 16 17 15
22 Bank of Punjab Ltd.* 102.93 19.48 NA 17 21 -- 11
23 Centurion Bank Ltd.* 12.13 30.9 147.97 27 19 13 20
24 HDFC Bank Ltd. 1007.91 1343.87 1978.73 2 2 2 2
25 ICICI Bank Ltd. 2480.84 2956 4690.67 1 1 1 1
26 Indusind Bank Ltd. 444.68 401.24 224.57 5 4 8 2
27 Kotak Mahindra Bank Ltd. 126.52 133.41 210.56 14 11 9 12
28 UTI Bank Ltd. 698.03 565.62 993.82 3 3 3 3
29 YES Bank - -3.65 99.08 -- 28 15 22

10
V: Table capital adequacy ratio and rank of private sector banks

Capital Adequacy Ratio Rank RANK

No BANKS
2004 2005 2006 2004 2005 2006
1 Bharat Overseas Bank Ltd. 16.25 14.95 11.24 7 7 16 6
2 City Union Bank Ltd. 13.36 12.18 12.33 13 13 10 10
3 Development Credit Bank Ltd. 14.26 9.88 9.66 9 24 25 24
4 Ing Vysya Bank Ltd. 11.05 9.09 10.67 25 27 20 28
5 The Karnataka Bank Ltd. 13.03 14.16 11.78 14 9 12 9
6 Lord Krishna Bank Ltd. 16.68 11.74 10.11 5 17 23 13
7 Nainital Bank Ltd. 18.54 14.85 13.88 3 8 5 5
8 SBI Commercial & International Bank Ltd. 30.43 23.56 22.29 1 1 1 1
9 Tamilnad Mercantile Bank Ltd. 21.07 19.74 18.33 2 3 2 2
10 The Bank of Rajasthan Ltd. 11.18 12.75 10.6 24 11 21 14
11 The Catholic Syrian Bank Ltd. 11.23 11.35 11.26 22 19 15 21
12 The Dhanalakshmi Bank Ltd. 13.56 10.16 9.75 12 22 24 24
13 The Federal Bank Ltd. 11.48 11.27 13.75 20 21 6 15
14 The Ganesh Bank of Kurundwad Ltd. 11.94 3.99 NA 18 29 -- 27
15 The Jammu & Kashmir Bank Ltd. 12.98 15.15 12.14 15 6 11 7
16 The Karur Vysya Bank Ltd. 17.11 16.07 14.79 4 5 4 4
17 The Lakshmi Vilas Bank Ltd. 13.79 11.32 10.79 10 20 18 16
18 The Ratnakar Bank Ltd. 16.65 12.03 10.69 6 15 19 18
19 The Sangli Bank Ltd. 13.68 9.3 NA 11 25 -- 20
20 The South Indian Bank Ltd. 11.32 9.89 13.02 21 23 8 18
21 The United Western Bank Ltd. 10.13 4.86 -0.53 27 28 26 29
22 Bank of Punjab Ltd.* 12.64 9.23 NA 17 26 -- 4
23 Centurion Bank Ltd.* 7.49 21.42 12.52 28 2 9 11
24 HDFC Bank Ltd. 11.66 12.16 11.41 19 14 13 14
25 ICICI Bank Ltd. 10.36 11.78 13.35 26 16 7 17
26 Indusind Bank Ltd. 12.75 11.62 10.54 16 18 22 4
27 Kotak Mahindra Bank Ltd. 15.25 12.8 11.27 8 10 14 7
28 UTI Bank Ltd. 11.21 12.66 11.08 23 12 17 18
29 YES Bank - 18.81 16.43 -- 4 3 3

11
VI: Table showing credit deposit ratio and rank of private sector banks

Credit Deposit ratio Rank RANK

BANKS
No 2004 2005 2006 2004 2005 2006
1 Bharat Overseas Bank Ltd. 56.3 60.07 63.3 10 16 12 13
2 City Union Bank Ltd. 54.34 65.03 72.48 12 10 6 8
3 Development Credit Bank Ltd. 54.52 55.36 59.77 11 21 21 20
4 Ing Vysya Bank Ltd. 66.2 72.24 76.73 3 4 4 3
5 The Karnataka Bank Ltd. 49.62 58.02 58.83 17 18 22 21
6 Lord Krishna Bank Ltd. 48.37 63.73 62.35 20 11 16 18
7 Nainital Bank Ltd. 31.04 38.92 53.64 27 28 25 28
8 SBI Commercial & International Bank Ltd. 32.29 69.61 67.1 26 6 9 15
9 Tamilnad Mercantile Bank Ltd. 48 54.41 60.09 21 22 20 23
10 The Bank of Rajasthan Ltd. 30.54 35.67 45.72 28 29 26 20
11 The Catholic Syrian Bank Ltd. 48.92 56.93 62.83 18 19 15 19
12 The Dhanalakshmi Bank Ltd. 52.82 60.29 62.95 13 15 13 15
13 The Federal Bank Ltd. 57.14 58.07 65.64 8 17 11 11
14 The Ganesh Bank of Kurundwad Ltd. 46.68 43.47 N.A. 23 26 -- 26
15 The Jammu & Kashmir Bank Ltd. 49.75 53.21 61.67 16 24 19 22
16 The Karur Vysya Bank Ltd. 68.06 69.24 73.32 2 7 5 4
17 The Lakshmi Vilas Bank Ltd. 61.86 66.3 68.09 5 9 8 5
18 The Ratnakar Bank Ltd. 48.38 54.07 56.15 19 23 23 6
19 The Sangli Bank Ltd. 34.86 40.9 N.A. 25 27 27
20 The South Indian Bank Ltd. 50.69 63.18 66.5 15 12 10 12
21 The United Western Bank Ltd. 58.23 61.62 61.82 7 14 18 14
22 Bank of Punjab Ltd.* 56.89 56.12 NA 9 20 -- 13
23 Centurion Bank Ltd.* 51.39 62.14 69.51 14 13 7 10
24 HDFC Bank Ltd. 58.35 70.33 62.84 6 5 14 6
25 ICICI Bank Ltd. 95.4 91.57 88.54 1 3 2 1
26 Indusind Bank Ltd. 65.19 68.63 62.04 4 8 17 3
27 Kotak Mahindra Bank Ltd. 47.03 93.43 96.69 22 2 1 6
28 UTI Bank Ltd. 44.68 49.2 55.63 24 25 24 25
29 YES Bank - 114.77 82.71 -- 1 3 1

12
VII: Table showing Net NPA to Net Advances and rank of private sector ban

Net NPA to Net Advances Rank RANK

No BANKS
2004 2005 2006 2004 2005 2006
1 Bharat Overseas Bank Ltd. 2.26 1.56 1.87 22 23 12 21
2 City Union Bank Ltd. 6.37 3.37 1.95 6 13 10 10
3 Development Credit Bank Ltd. 4.87 6.34 4.5 12 3 2 4
4 Ing Vysya Bank Ltd. 2.6 2.13 1.76 20 20 14 19
5 The Karnataka Bank Ltd. 4.98 2.29 1.18 11 18 15 16
6 Lord Krishna Bank Ltd. 6.05 4.22 3.11 7 9 4 7
7 Nainital Bank Ltd. NIL NIL NIL -- -- -- --
8 SBI Commercial & International Bank Ltd. 18.31 7.65 3.82 1 2 3 2
9 Tamilnad Mercantile Bank Ltd. 5 2.95 2.17 10 14 8 13
10 The Bank of Rajasthan Ltd. 2.99 2.5 0.99 17 16 17 12
11 The Catholic Syrian Bank Ltd. 4.65 3.8 2.78 14 12 5 12
12 The Dhanalakshmi Bank Ltd. 6.68 3.92 2.44 4 10 7 8
13 The Federal Bank Ltd. 2.89 2.21 0.95 18 19 19 20
14 The Ganesh Bank of Kurundwad Ltd. 10.59 8.32 NA 2 1 -- 1
15 The Jammu & Kashmir Bank Ltd. 1.48 1.41 0.92 24 24 20 24
16 The Karur Vysya Bank Ltd. 2.32 1.66 0.81 21 21 21 22
17 The Lakshmi Vilas Bank Ltd. 5.4 4.98 1.89 9 6 11 9
18 The Ratnakar Bank Ltd. 5.58 5.54 2.61 8 5 6 23
19 The Sangli Bank Ltd. 6.56 4.3 NA 5 8 -- 6
20 The South Indian Bank Ltd. 4.55 3.81 1.86 15 11 13 14
21 The United Western Bank Ltd. 8.95 5.83 5.66 3 4 1 3
22 Bank of Punjab Ltd.* 4.69 4.64 NA 13 7 -- 17
23 Centurion Bank Ltd.* 4.43 2.49 1.13 16 17 16 17
24 HDFC Bank Ltd. 0.16 0.24 0.44 27 27 23 27
25 ICICI Bank Ltd. 2.21 1.65 0.72 23 22 22 23
26 Indusind Bank Ltd. 2.72 2.71 2.09 19 15 9 1
27 Kotak Mahindra Bank Ltd. 0.17 0.37 0.24 26 26 24 26
28 UTI Bank Ltd. 1.29 1.39 0.98 25 25 18 24
29 YES Bank - - - -- -- -- --

13
VIII: Table showing branches and ATM of Scheduled Private Sector banks as an end of
March 2006

Branches ATMs
Semi Metrop on off
No Name of the bank Rural Urban Urban olitan Total site site Total
1 Bank of Rajasthan Ltd. 97 77 108 101 383 54 7 61
2 Bharat Overseas Bank Ltd. 8 6 46 43 103 32 0 32
3 Catholic Syrian Bank Ltd. 36 162 78 36 312 52 19 71
4 City Union Bank Ltd. 30 37 46 28 141 33 0 33
5 Dhanalakshmi Bank Ltd. 23 77 50 28 178 50 11 61
6 Federal Bank Ltd. 33 258 101 74 466 153 167 320
7 ING Vysya Bank 79 75 116 99 369 89 25 114
8 Jammu and Kashmir Bank Ltd. 204 67 107 57 435 113 60 173
9 Karnataka Bank Ltd. 93 82 117 108 400 56 19 75
10 Karur Vysya Bank Ltd. 28 74 86 55 243 133 47 180
11 Lakshmi Vilas Bank Ltd. 36 79 69 39 223 16 0 16
12 Lord Krishna Bank Ltd. 12 43 28 29 112 42 2 44
13 Nainital Bank Ltd. 18 17 23 21 79 0 0 0
14 Ratnakar Bank Ltd. 23 23 16 15 77 8 1 9
15 Sangli Bank Ltd. 47 49 44 46 186 0 0 0
16 SBI Comm. & Int. Bank Ltd., – – – 2 2 2 0 2
17 South Indian Bank Ltd. 66 199 91 68 424 75 70 145
18 Tamilnad Mercantile Bank Ltd. 49 50 49 26 174 15 19 34
19 United Western Bank Ltd. 47 58 53 70 228 72 3 75
20 Centurion Bank of Punjab Ltd. 2 52 86 97 237 241 153 394
21 Development Credit Bank Ltd. 3 10 12 43 68 59 43 102
22 HDFC Bank Ltd. 10 74 168 263 515 658 665 1,323
23 ICICI Bank Ltd. 75 99 171 212 557 703 1,506 2,209
24 IndusInd Bank Ltd. 2 16 74 45 137 131 83 214
25 Kotak Mahindra Ltd. – 15 17 46 78 456 1,435 1,891
26 UTI Bank Ltd. 5 56 145 143 349 63 14 77
27 Yes Bank Ltd. – – 1 8 9 3 1 4
Total 1026 1755 1902 1802 6485 3309 4350 7659

14