1、JUNE 2024Banking Sector Roundup FY241Copyright 2024 by Boston Consulting Group.All rights reserved.PSU(12 banks)PrivateNew(10 banks)PrivateOld(6 banks)Glossary:Classification of Indian banks used in this documentSmall Finance(4 banks)2Copyright 2024 by Boston Consulting Group.All rights reserved.1.3

2、%17 bps YoYFY24 results:Banking industry snapshot204.0L Crore13%YoYTotal Deposits 53.2L Crore13%YoYCorporate Advances55.6L Crore13%YoYRetail Advances1163.4L Crore15%YoYTotal Net Advances 39.7%266 bps YoYCASA Ratio49.6%206 bps YoYCost-Income21.6L Crore25%YoYTotal Income7.8L Crore13%YoYNet Interest In

3、come2.9L Crore25%YoYNon-Interest Income3.2L Crore29%YoYPATBusinessKey RatiosProfitability2.8%114 bps YoYGNPA(%)1.Retail loans include home loans,auto loans,personal loans,and other retail loans 2.HDFC Ltd.FY23 financials merged with HDFC Bank financials for calculating YoY Growth3.Analysis has been

4、made based on 35 Banks:12 PSBs,10 Private-New,6 Private-Old Banks and 4 Small Finance Banks Source:Capitaline,Financial Results,Investor Presentation;BCG analysisROA3Copyright 2024 by Boston Consulting Group.All rights reserved.FY24:Stellar performance for Banks overshadowed by deposit challengesThe

5、 banking system at large maintained a robust pace of credit growth(15%),outpacing deposit growth(13%)in FY24Asset quality stress behind with GNPAs(2.8%)at decadal low;healthy provision coverage against asset-side risksHigher interest rate has put pressure on CASA deposits and played a key role in cr

6、eating liquidity crunch in the banking ecosystemTotal net profit of the sector in FY24 crossed Rs.3 lakh crore for the first time;All bank groups achieved 1%ROA in FY244Copyright 2024 by Boston Consulting Group.All rights reserved.Profitability:Banking Sectors net profit in FY24 surpassed Rs.3 lakh