Banking in India

April 2026 | 49 pages | ID: BED0B856C52EN
MarketLine

Abstracts

Summary

Banking in India industry profile provides top-line qualitative and quantitative summary information including: market size (value and volume 2020-25, and forecast to 2030). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.

Key Highlights

• The banking industry involves the activities of banks and similar institutions that offer financial services such as savings, loans, mortgages, and related services to businesses and consumers. Market value represents the total assets held by banks or related institutions in a country in a year. The market share represents the total assets held by the companies in the specific year. Geographical segmentation measures the total assets held by commercial banks of a particular region.
• The Indian banking industry recorded assets of $3,120.4 billion in 2025, representing a compound annual growth rate (CAGR) of 9.5% between 2020 and 2025.
• The bank credit segment accounted for the industry's largest proportion in 2025, with total assets of $2,035.8 billion, equivalent to 65.2% of the industry's overall value.
• The Indian banking industry growth during 2020-25 is driven by the expanding economy, which has fueled the demand for credit, deposits, and other banking services. Economic expansion has increased the need for loans for investment, business growth, and consumer spending, resulting in higher bank revenues.

Scope

• Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the banking market in India
• Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the banking market in India
• Leading company profiles reveal details of key banking market players’ global operations and financial performance
• Add weight to presentations and pitches by understanding the future growth prospects of the India banking market with five year forecasts by both value and volume

Reasons to Buy

• What was the size of the India banking market by value in 2025?
• What will be the size of the India banking market in 2030?
• What factors are affecting the strength of competition in the India banking market?
• How has the market performed over the last five years?
• What are the main segments that make up India's banking market?

Contents

1 EXECUTIVE SUMMARY

1.1. Market value
1.2. Market value forecast
1.3. Category segmentation
1.4. Geography segmentation
1.5. Market share
1.6. Market rivalry
1.7. Competitive landscape

2 MARKET OVERVIEW

2.1. Market definition
2.2. Market analysis
2.3. Regulatory landscape

3 MARKET DATA

3.1. Market value

4 MARKET SEGMENTATION

4.1. Category segmentation
4.2. Geography segmentation

5 MARKET OUTLOOK

5.1. Market value forecast

6 FIVE FORCES ANALYSIS

6.1. Summary
6.2. Buyer power
6.3. Supplier power
6.4. New entrants
6.5. Threat of substitutes
6.6. Degree of rivalry

7 COMPETITIVE LANDSCAPE

7.1. Market share
7.2. Who are the leading players?
7.3. What are the strategies of the leading players?
7.4. What are the recent developments in the industry?

8 COMPANY PROFILES

8.1. State Bank of India
8.2. HDFC Bank Ltd
8.3. ICICI Bank Ltd
8.4. Axis Bank Ltd

9 MACROECONOMIC INDICATORS

9.1. Country data

10 APPENDIX

10.1. Methodology
10.2. Industry associations
10.3. Related MarketLine research
10.4. About MarketLine

List Of Tables

LIST OF TABLES

Table 1: India banking industry value: $ billion, 2020-25
Table 2: India banking industry category segmentation: % share, by value, 2020-25
Table 3: India banking industry category segmentation: $ billion, 2020-25
Table 4: India banking industry geography segmentation: $ billion, 2025
Table 5: India banking industry value forecast: $ billion, 2025-30
Table 6: India banking industry share: % share, by value, 2025
Table 7: State Bank of India: Key Facts
Table 8: State Bank of India: Annual Financial Ratios
Table 9: State Bank of India: Key Employees
Table 10: State Bank of India: Key Employees Continued
Table 11: State Bank of India: Key Employees Continued
Table 12: HDFC Bank Ltd: Key Facts
Table 13: HDFC Bank Ltd: Annual Financial Ratios
Table 14: HDFC Bank Ltd: Key Employees
Table 15: HDFC Bank Ltd: Key Employees Continued
Table 16: ICICI Bank Ltd: Key Facts
Table 17: ICICI Bank Ltd: Annual Financial Ratios
Table 18: ICICI Bank Ltd: Key Employees
Table 19: Axis Bank Ltd: Key Facts
Table 20: Axis Bank Ltd: Annual Financial Ratios
Table 21: Axis Bank Ltd: Key Employees
Table 22: India Size of Population (Million), 2021-25
Table 23: India Real GDP (Constant 2010 Prices, $ Billion), 2021-25
Table 24: India GDP (Current Prices, $ Billion), 2021-25
Table 25: India Inflation, 2021-25
Table 26: India Consumer Price Index (Absolute), 2021-25
Table 27: India Exchange Rate, 2020-25

List Of Figures

LIST OF FIGURES

Figure 1: India banking industry value: $ billion, 2020-25
Figure 2: India banking industry category segmentation: $ billion, 2020-25
Figure 3: India banking industry geography segmentation: % share, by value, 2025
Figure 4: India banking industry value forecast: $ billion, 2025-30
Figure 5: Forces driving competition in the banking industry in India, 2025
Figure 6: Drivers of buyer power in the banking industry in India, 2025
Figure 7: Drivers of supplier power in the banking industry in India, 2025
Figure 8: Factors influencing the likelihood of new entrants in the banking industry in India, 2025
Figure 9: Factors influencing the threat of substitutes in the banking industry in India, 2025
Figure 10: Drivers of degree of rivalry in the banking industry in India, 2025
Figure 11: India banking industry share: % share, by value, 2025