Introduction
This databook provides estimates of IT spending for the top 10 companies in the Indian Retail banking industry. The databook is a comprehensive source of IT spending by company, including assessment by technology and channel. The databook also provides information on the IT contracts of these companies where available.
Scope of the report
* Datamonitor's view of the top 10 companies in the Indian Retail banking sector in terms of IT spending
* A breakdown of the estimated IT budget by technology for each of the top 10 companies
* A breakdown of the estimated IT budget by channel for each of the top 10 companies
* Details of IT services contracts by company where available
Highlights
The top 10 companies in the Indian retail banking industry in terms of estimated IT spending spent the largest portion of their IT budgets on services, a segment that accounted for about 30% of the IT budgets among these firms. This was followed by spending on hardware and software.
Among the top 10 companies, a major portion of IT spending is allocated to internal IT. Internal IT alone accounted for approximately 28% of the total estimated IT spending by these companies. ICICI Bank Limited remained the leading company in terms of IT spending, followed by State Bank of India and Punjab National Bank.
Reasons to Purchase
* Gain insight into IT budget breakdown of top10 companies in Indian retail banking industry and identify notable areas of allocation
* Identify organizations with top IT expenditures in your target markets
* Leverage IT spending pattern information to tailor account targeting based on company demographics
This databook provides estimates of IT spending for the top 10 companies in the Indian Retail banking industry. The databook is a comprehensive source of IT spending by company, including assessment by technology and channel. The databook also provides information on the IT contracts of these companies where available.
Scope of the report
* Datamonitor's view of the top 10 companies in the Indian Retail banking sector in terms of IT spending
* A breakdown of the estimated IT budget by technology for each of the top 10 companies
* A breakdown of the estimated IT budget by channel for each of the top 10 companies
* Details of IT services contracts by company where available
Highlights
The top 10 companies in the Indian retail banking industry in terms of estimated IT spending spent the largest portion of their IT budgets on services, a segment that accounted for about 30% of the IT budgets among these firms. This was followed by spending on hardware and software.
Among the top 10 companies, a major portion of IT spending is allocated to internal IT. Internal IT alone accounted for approximately 28% of the total estimated IT spending by these companies. ICICI Bank Limited remained the leading company in terms of IT spending, followed by State Bank of India and Punjab National Bank.
Reasons to Purchase
* Gain insight into IT budget breakdown of top10 companies in Indian retail banking industry and identify notable areas of allocation
* Identify organizations with top IT expenditures in your target markets
* Leverage IT spending pattern information to tailor account targeting based on company demographics
OVERVIEW
Catalyst
Summary
TABLE OF CONTENTS
LIST OF FIGURES
LIST OF TABLES
INTRODUCTION
Reasons to Purchase
Definitions
INDIAN RETAIL BANKING INDUSTRY: ESTIMATED SPENDING ON IT
Overview
Estimated spending by technology segment
Estimated IT spending by channel
ICICI BANK LIMITED
Budget overview
ICICI Bank Limited, estimated spending on IT
ICICI Bank Limited, estimated IT spending by channel
STATE BANK OF INDIA
Budget overview
State Bank of India, estimated spending on IT
State Bank of India, estimated IT spending by channel
State Bank of India, IT contracts
PUNJAB NATIONAL BANK
Budget overview
Punjab National Bank, estimated spending on IT
Punjab National Bank, estimated IT spending by channel
IDBI BANK LIMITED
Budget overview
IDBI Bank Limited, estimated spending on IT
IDBI Bank Limited, estimated IT spending by channel
INDIAN OVERSEAS BANK
Budget overview
Indian Overseas Bank, estimated spending on IT
Indian Overseas Bank, estimated IT spending by channel
SYNDICATE BANK LTD
Budget overview
Syndicate Bank Ltd, estimated spending on IT
Syndicate Bank Ltd, estimated IT spending by channel
CENTRAL BANK OF INDIA
Budget overview
Central Bank of India, estimated spending on IT
Central Bank of India, estimated IT spending by channel
HDFC BANK LIMITED
Budget overview
HDFC Bank Limited, estimated spending on IT
HDFC Bank Limited, estimated IT spending by channel
HDFC Bank Limited, IT contracts
UCO BANK LIMITED
Budget overview
UCO Bank Limited, estimated spending on IT
UCO Bank Limited, estimated IT spending by channel
UCO Bank Limited, IT contracts
HSBC BANK INDIA
Budget overview
HSBC Bank India, estimated spending on IT
HSBC Bank India, estimated IT spending by channel
APPENDIX
Methodology
Further reading
Disclaimer
LIST OF FIGURES
Figure 1: Top ten companies in the Indian retail banking industry, estimated spending on IT ($m),
2009 AND 2010
Figure 2: Top ten companies in the Indian retail banking industry, estimated spending by
technology segment ($m), 2009
Figure 3: Top ten companies in the Indian retail banking industry, estimated spending on IT by
channel ($m), 2009
Figure 4: ICICI Bank Limited, estimated spending by IT segment ($m), 2009
Figure 5: ICICI Bank Limited, estimated spending by IT sub-segment ($m), 2009
Figure 6: ICICI Bank Limited, estimated spending on IT by channel (%), 2009
Figure 7: State Bank of India, estimated spending by IT segment (%), 2009
Figure 8: State Bank of India, estimated spending by IT sub-segment ($m), 2009
Figure 9: State Bank of India, estimated spending on IT by channel (%), 2009
Figure 10: Punjab National Bank, estimated spending by IT segment (%), 2009
Figure 11: Punjab National Bank, estimated spending by IT sub-segment ($m), 2009
Figure 12: Punjab National Bank, estimated spending on IT by channel (%), 2009
Figure 13: IDBI Bank Limited, estimated spending by IT segment (%), 2009
Figure 14: IDBI Bank Limited, estimated spending by IT sub-segment ($m), 2009
Figure 15: IDBI Bank Limited, estimated spending on IT by channel (%), 2009
Figure 16: Indian Overseas Bank, estimated spending by IT segment, 2009
Figure 17: Indian Overseas Bank, estimated spending by IT sub-segment ($m), 2009
Figure 18: Indian Overseas Bank, estimated spending on IT by channel (%), 2009
Figure 19: Syndicate Bank Ltd, estimated spending by IT segment (%), 2009
Figure 20: Syndicate Bank Ltd, estimated spending by IT sub-segment ($m), 2009
Figure 21: Syndicate Bank Ltd, estimated spending on IT by channel (%), 2009
Figure 22: Central Bank of India, estimated spending by IT segment (%), 2009
Figure 23: Central Bank of India, estimated spending by IT sub-segment ($m), 2009
Figure 24: Central Bank of India, estimated spending on IT by channel (%), 2009
Figure 25: HDFC Bank Limited, estimated spending by IT segment (%), 2009
Figure 26: HDFC Bank Limited, estimated spending by IT sub-segment ($m), 2009
Figure 27: HDFC Bank Limited, estimated spending on IT by channel (%), 2009
Figure 28: UCO Bank Limited, estimated spending by IT segment (%), 2009
Figure 29: UCO Bank Limited, estimated spending by IT sub-segment ($m), 2009
Figure 30: UCO Bank Limited, estimated spending on IT by channel (%), 2009
Figure 31: HSBC Bank India, estimated spending by IT segment, 2009
Figure 32: HSBC Bank India, estimated spending by IT sub-segment ($m), 2009
Figure 33: HSBC Bank India, estimated spending on IT by channel (%), 2009
LIST OF TABLES
Table 1: Definitions: IT segments and sub segments
Table 2: Definitions: channels
Table 3: Top ten companies in the Indian retail banking industry, estimated spending on IT ($m),
2009 AND 2010
Table 4: Top ten companies in the Indian retail banking industry, estimated spending by
technology segment ($m), 2009
Table 5: Top ten companies in the Indian retail banking industry, estimated spending on IT by
channel ($m), 2009
Table 6: ICICI Bank Limited, IT budget estimates (%), 2009–10
Table 7: ICICI Bank Limited, IT budget by estimated entity (as % of overall IT budget), 2009
Table 8: ICICI Bank Limited, estimated spending by IT segment ($m), 2009
Table 9: ICICI Bank Limited, estimated spending by IT sub-segment ($m), 2009
Table 10: ICICI Bank Limited, estimated spending on IT by channel ($m), 2009
Table 11: State Bank of India, IT budget estimates (%), 2009–10
Table 12: State Bank of India, estimated IT budget by entity (as % of overall IT budget), 2009
Table 13: State Bank of India, estimated spending by IT segment ($m), 2009
Table 14: State Bank of India, estimated spending by IT sub-segment ($m), 2009
Table 15: State Bank of India, estimated spending on IT by channel ($m), 2009
Table 16: IT contract: State Bank of India - NCR Corp
Table 17: IT contract: State Bank of India - HCL Technologies
Table 18: IT contract: State Bank of India - Mphasis
Table 19: Punjab National Bank, IT budget estimates (%), 2009–10
Table 20: Punjab National Bank, estimated IT budget by entity (as % of overall IT budget), 2009
Table 21: Punjab National Bank, estimated spending by IT segment ($m), 2009
Table 22: Punjab National Bank, estimated spending by IT sub-segment ($m), 2009
Table 23: Punjab National Bank, estimated spending on IT by channel ($m), 2009
Table 24: IDBI Bank Limited, IT budget estimates (%), 2009–10
Table 25: IDBI Bank Limited, estimated IT budget by entity (as % of overall IT budget), 2009
Table 26: IDBI Bank Limited, estimated spending by IT segment ($m), 2009
Table 27: IDBI Bank Limited, estimated spending by IT sub-segment ($m), 2009
Table 28: IDBI Bank Limited, estimated spending on IT by channel ($m), 2009
Table 29: Indian Overseas Bank, IT budget estimates (%), 2009–10
Table 30: Indian Overseas Bank, estimated IT budget by entity (as % of overall IT budget), 2009
Table 31: Indian Overseas Bank, estimated spending by IT segment (%), 2009
Table 32: Indian Overseas Bank, estimated spending by IT sub-segment ($m), 2009
Table 33: Indian Overseas Bank, estimated spending on IT by channel ($m), 2009
Table 34: Syndicate Bank Ltd, IT budget estimates (%), 2009–10
Table 35: Syndicate Bank Ltd, estimated IT budget by entity (as % of overall IT budget), 2009
Table 36: Syndicate Bank Ltd, estimated spending by IT segment ($m), 2009
Table 37: Syndicate Bank Ltd, estimated spending by IT sub-segment ($m), 2009
Table 38: Syndicate Bank Ltd, estimated spending on IT by channel ($m), 2009
Table 39: Central Bank of India, IT budget estimates (%), 2009–10
Table 40: Central Bank of India, estimated IT budget by entity (as % of overall IT budget), 2009
Table 41: Central Bank of India, estimated spending by IT segment ($m), 2009
Table 42: Central Bank of India, estimated spending by IT sub-segment ($m), 2009
Table 43: Central Bank of India, estimated spending on IT by channel ($m), 2009
Table 44: HDFC Bank Limited, IT budget estimates (%), 2009–10
Table 45: HDFC Bank Limited, estimated IT budget by entity (as % of overall IT budget), 2009
Table 46: HDFC Bank Limited, estimated spending by IT segment ($m), 2009
Table 47: HDFC Bank Limited, estimated spending by IT sub-segment ($m), 2009
Table 48: HDFC Bank Limited, estimated spending on IT by channel ($m), 2009
Table 49: IT contract: HDFC Bank Limited - IBM Corp
Table 50: IT contract: HDFC Bank Limited - NCR Corp
Table 51: IT contract: HDFC Bank Limited - Symantec
Table 52: IT contract: HDFC Bank Limited - Sai Seva Business Solutions
Table 53: IT contract: HDFC Bank Limited - Wipro Technologies
Table 54: UCO Bank Limited, IT budget estimates (%), 2009–10
Table 55: UCO Bank Limited, estimated IT budget by entity (as % of overall IT budget), 2009
Table 56: UCO Bank Limited, estimated spending by IT segment ($m), 2009
Table 57: UCO Bank Limited, estimated spending by IT sub-segment ($m), 2009
Table 58: UCO Bank Limited, estimated spending on IT by channel ($m), 2009
Table 59: IT contract: UCO Bank Limited - Xchanging Ltd
Table 60: IT contract: UCO Bank Limited - Hewlett-Packard Co
Table 61: HSBC Bank India, IT budget estimates (%), 2009–10
Table 62: HSBC Bank India, estimated IT budget by entity (as % of overall IT budget), 2009
Table 63: HSBC Bank India, estimated spending by IT segment ($m), 2009
Table 64: HSBC Bank India, estimated spending by IT sub-segment ($m), 2009
Table 65: HSBC Bank India, estimated spending on IT by channel ($m), 2009 104
Catalyst
Summary
TABLE OF CONTENTS
LIST OF FIGURES
LIST OF TABLES
INTRODUCTION
Reasons to Purchase
Definitions
INDIAN RETAIL BANKING INDUSTRY: ESTIMATED SPENDING ON IT
Overview
Estimated spending by technology segment
Estimated IT spending by channel
ICICI BANK LIMITED
Budget overview
ICICI Bank Limited, estimated spending on IT
ICICI Bank Limited, estimated IT spending by channel
STATE BANK OF INDIA
Budget overview
State Bank of India, estimated spending on IT
State Bank of India, estimated IT spending by channel
State Bank of India, IT contracts
PUNJAB NATIONAL BANK
Budget overview
Punjab National Bank, estimated spending on IT
Punjab National Bank, estimated IT spending by channel
IDBI BANK LIMITED
Budget overview
IDBI Bank Limited, estimated spending on IT
IDBI Bank Limited, estimated IT spending by channel
INDIAN OVERSEAS BANK
Budget overview
Indian Overseas Bank, estimated spending on IT
Indian Overseas Bank, estimated IT spending by channel
SYNDICATE BANK LTD
Budget overview
Syndicate Bank Ltd, estimated spending on IT
Syndicate Bank Ltd, estimated IT spending by channel
CENTRAL BANK OF INDIA
Budget overview
Central Bank of India, estimated spending on IT
Central Bank of India, estimated IT spending by channel
HDFC BANK LIMITED
Budget overview
HDFC Bank Limited, estimated spending on IT
HDFC Bank Limited, estimated IT spending by channel
HDFC Bank Limited, IT contracts
UCO BANK LIMITED
Budget overview
UCO Bank Limited, estimated spending on IT
UCO Bank Limited, estimated IT spending by channel
UCO Bank Limited, IT contracts
HSBC BANK INDIA
Budget overview
HSBC Bank India, estimated spending on IT
HSBC Bank India, estimated IT spending by channel
APPENDIX
Methodology
Further reading
Disclaimer
LIST OF FIGURES
Figure 1: Top ten companies in the Indian retail banking industry, estimated spending on IT ($m),
2009 AND 2010
Figure 2: Top ten companies in the Indian retail banking industry, estimated spending by
technology segment ($m), 2009
Figure 3: Top ten companies in the Indian retail banking industry, estimated spending on IT by
channel ($m), 2009
Figure 4: ICICI Bank Limited, estimated spending by IT segment ($m), 2009
Figure 5: ICICI Bank Limited, estimated spending by IT sub-segment ($m), 2009
Figure 6: ICICI Bank Limited, estimated spending on IT by channel (%), 2009
Figure 7: State Bank of India, estimated spending by IT segment (%), 2009
Figure 8: State Bank of India, estimated spending by IT sub-segment ($m), 2009
Figure 9: State Bank of India, estimated spending on IT by channel (%), 2009
Figure 10: Punjab National Bank, estimated spending by IT segment (%), 2009
Figure 11: Punjab National Bank, estimated spending by IT sub-segment ($m), 2009
Figure 12: Punjab National Bank, estimated spending on IT by channel (%), 2009
Figure 13: IDBI Bank Limited, estimated spending by IT segment (%), 2009
Figure 14: IDBI Bank Limited, estimated spending by IT sub-segment ($m), 2009
Figure 15: IDBI Bank Limited, estimated spending on IT by channel (%), 2009
Figure 16: Indian Overseas Bank, estimated spending by IT segment, 2009
Figure 17: Indian Overseas Bank, estimated spending by IT sub-segment ($m), 2009
Figure 18: Indian Overseas Bank, estimated spending on IT by channel (%), 2009
Figure 19: Syndicate Bank Ltd, estimated spending by IT segment (%), 2009
Figure 20: Syndicate Bank Ltd, estimated spending by IT sub-segment ($m), 2009
Figure 21: Syndicate Bank Ltd, estimated spending on IT by channel (%), 2009
Figure 22: Central Bank of India, estimated spending by IT segment (%), 2009
Figure 23: Central Bank of India, estimated spending by IT sub-segment ($m), 2009
Figure 24: Central Bank of India, estimated spending on IT by channel (%), 2009
Figure 25: HDFC Bank Limited, estimated spending by IT segment (%), 2009
Figure 26: HDFC Bank Limited, estimated spending by IT sub-segment ($m), 2009
Figure 27: HDFC Bank Limited, estimated spending on IT by channel (%), 2009
Figure 28: UCO Bank Limited, estimated spending by IT segment (%), 2009
Figure 29: UCO Bank Limited, estimated spending by IT sub-segment ($m), 2009
Figure 30: UCO Bank Limited, estimated spending on IT by channel (%), 2009
Figure 31: HSBC Bank India, estimated spending by IT segment, 2009
Figure 32: HSBC Bank India, estimated spending by IT sub-segment ($m), 2009
Figure 33: HSBC Bank India, estimated spending on IT by channel (%), 2009
LIST OF TABLES
Table 1: Definitions: IT segments and sub segments
Table 2: Definitions: channels
Table 3: Top ten companies in the Indian retail banking industry, estimated spending on IT ($m),
2009 AND 2010
Table 4: Top ten companies in the Indian retail banking industry, estimated spending by
technology segment ($m), 2009
Table 5: Top ten companies in the Indian retail banking industry, estimated spending on IT by
channel ($m), 2009
Table 6: ICICI Bank Limited, IT budget estimates (%), 2009–10
Table 7: ICICI Bank Limited, IT budget by estimated entity (as % of overall IT budget), 2009
Table 8: ICICI Bank Limited, estimated spending by IT segment ($m), 2009
Table 9: ICICI Bank Limited, estimated spending by IT sub-segment ($m), 2009
Table 10: ICICI Bank Limited, estimated spending on IT by channel ($m), 2009
Table 11: State Bank of India, IT budget estimates (%), 2009–10
Table 12: State Bank of India, estimated IT budget by entity (as % of overall IT budget), 2009
Table 13: State Bank of India, estimated spending by IT segment ($m), 2009
Table 14: State Bank of India, estimated spending by IT sub-segment ($m), 2009
Table 15: State Bank of India, estimated spending on IT by channel ($m), 2009
Table 16: IT contract: State Bank of India - NCR Corp
Table 17: IT contract: State Bank of India - HCL Technologies
Table 18: IT contract: State Bank of India - Mphasis
Table 19: Punjab National Bank, IT budget estimates (%), 2009–10
Table 20: Punjab National Bank, estimated IT budget by entity (as % of overall IT budget), 2009
Table 21: Punjab National Bank, estimated spending by IT segment ($m), 2009
Table 22: Punjab National Bank, estimated spending by IT sub-segment ($m), 2009
Table 23: Punjab National Bank, estimated spending on IT by channel ($m), 2009
Table 24: IDBI Bank Limited, IT budget estimates (%), 2009–10
Table 25: IDBI Bank Limited, estimated IT budget by entity (as % of overall IT budget), 2009
Table 26: IDBI Bank Limited, estimated spending by IT segment ($m), 2009
Table 27: IDBI Bank Limited, estimated spending by IT sub-segment ($m), 2009
Table 28: IDBI Bank Limited, estimated spending on IT by channel ($m), 2009
Table 29: Indian Overseas Bank, IT budget estimates (%), 2009–10
Table 30: Indian Overseas Bank, estimated IT budget by entity (as % of overall IT budget), 2009
Table 31: Indian Overseas Bank, estimated spending by IT segment (%), 2009
Table 32: Indian Overseas Bank, estimated spending by IT sub-segment ($m), 2009
Table 33: Indian Overseas Bank, estimated spending on IT by channel ($m), 2009
Table 34: Syndicate Bank Ltd, IT budget estimates (%), 2009–10
Table 35: Syndicate Bank Ltd, estimated IT budget by entity (as % of overall IT budget), 2009
Table 36: Syndicate Bank Ltd, estimated spending by IT segment ($m), 2009
Table 37: Syndicate Bank Ltd, estimated spending by IT sub-segment ($m), 2009
Table 38: Syndicate Bank Ltd, estimated spending on IT by channel ($m), 2009
Table 39: Central Bank of India, IT budget estimates (%), 2009–10
Table 40: Central Bank of India, estimated IT budget by entity (as % of overall IT budget), 2009
Table 41: Central Bank of India, estimated spending by IT segment ($m), 2009
Table 42: Central Bank of India, estimated spending by IT sub-segment ($m), 2009
Table 43: Central Bank of India, estimated spending on IT by channel ($m), 2009
Table 44: HDFC Bank Limited, IT budget estimates (%), 2009–10
Table 45: HDFC Bank Limited, estimated IT budget by entity (as % of overall IT budget), 2009
Table 46: HDFC Bank Limited, estimated spending by IT segment ($m), 2009
Table 47: HDFC Bank Limited, estimated spending by IT sub-segment ($m), 2009
Table 48: HDFC Bank Limited, estimated spending on IT by channel ($m), 2009
Table 49: IT contract: HDFC Bank Limited - IBM Corp
Table 50: IT contract: HDFC Bank Limited - NCR Corp
Table 51: IT contract: HDFC Bank Limited - Symantec
Table 52: IT contract: HDFC Bank Limited - Sai Seva Business Solutions
Table 53: IT contract: HDFC Bank Limited - Wipro Technologies
Table 54: UCO Bank Limited, IT budget estimates (%), 2009–10
Table 55: UCO Bank Limited, estimated IT budget by entity (as % of overall IT budget), 2009
Table 56: UCO Bank Limited, estimated spending by IT segment ($m), 2009
Table 57: UCO Bank Limited, estimated spending by IT sub-segment ($m), 2009
Table 58: UCO Bank Limited, estimated spending on IT by channel ($m), 2009
Table 59: IT contract: UCO Bank Limited - Xchanging Ltd
Table 60: IT contract: UCO Bank Limited - Hewlett-Packard Co
Table 61: HSBC Bank India, IT budget estimates (%), 2009–10
Table 62: HSBC Bank India, estimated IT budget by entity (as % of overall IT budget), 2009
Table 63: HSBC Bank India, estimated spending by IT segment ($m), 2009
Table 64: HSBC Bank India, estimated spending by IT sub-segment ($m), 2009
Table 65: HSBC Bank India, estimated spending on IT by channel ($m), 2009 104
