Best Banks Report Card
Categorical Ranking
Balance Sheet (₹ in crores)
Total Deposits

Growth in Deposits
Operating Profit
Total Operating Profit

Growth in Operating Profit
Growth in Loans & Advances
Non Performing Assets
Return on capital employed

Return on assets

Net interest margin
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Visual Stories

Business Today Banking & Economy Summit

While the global economy is going through extreme headwinds, exposing tremendous volatility in demand; economic slowdown; disruption in the supply chain; sharp rise in energy and other commodity prices; rising inflation, and interest rate hikes. In such an environment, the Indian economy remains relatively better placed than other emerging markets and global economies but is not entirely insulated from the impact of the global crisis.

Our Speakers

Best Banks 2021

The Epic Shift

Digitisation and proposed ARC for bad loans and development financial institution will help the banking industry reboot. The 25th edition of the BT-KPMG Best Bank Study brings you future ready banks and Fintechs

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India's Best Banks - 2021
India's Best Banks
Game Changer

After building India's second-largest bank, Aditya Puri is set to impact other sectors

Beyond Microfinance

Five-year-old Bandhan Bank has expanded its loan book across housing, personal and gold loans..

A Cross Border Crusader

As per a report from RedSeer, what took 18 years in 2000 to reach $100 million revenue ...

Technology Will Be the Deciding Factor

Banks' ability to transform themselves with speed and agility to survive the next revolution ...

Steady Player

A push for products that consume less capital has helped Federal Bank build a rock-steady ...

Building on Growth 2.0

HDFC Bank refused to compromise on profitability and tapped semi-urban and rural ...

How We Did It

The methodology behind the BT-KPMG Best Banks Survey 2020

Turnaround Strategy

Focus on operating profit and building a low-cost franchise have helped the country's ...

Shifting Gears

Travel-focussed payment solutions firm PayMate hit a roadblock post Covid-19 ...

Adapting to Change

Rapid digitisation and scaling up of non-banking businesses, from cards to insurance and MFs to ...

Best of New Breed Banks

Laser-sharp focus on asset quality helps Utkarsh maintain lead over others

Tech Powering Finance

From digitising employee benefits to powering Fintechs and neo-banks to providing seamless ...

Best Banks 2020

Ready To Leapfrog

Consolidation, new leadership at top private banks and newer growth areas in retail are set to build the foundation for the banking industry. The 24th edition of BT-KPMG Best Bank Study celebrates the success of banking and fintech stars

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India's Best Banks - 2020
India's Best Banks
Big Lender Of Small Loans

Bandhan Bank has grown its business in microlending and now plans to use its customer reach ...

Best Advice I Ever Got

Five-year-old Bandhan Bank has expanded its loan book across housing, personal and gold loans..

Faster, Higher, Stronger

HDFC Bank, the largest private bank in India, pads up for its first major leadership transition ...

Standing Tall Amid Turbulence

How BT-MT Financial Awards identified mutual funds, insurance companies and pension funds ...

How We Did It

The methodology for the BT-KPMG Best Banks Survey 2019

Business Banking In An Instant

ICICI Bank's InstaBiz app offers instant business banking facilities to MSMEs and self-employed

The Growth Agenda

The 25-year-old private sector bank is bracing up for new leadership

Giving The Best Advice

For J.P. Morgan, if 2019 was about launching and expanding its mid-market commercial banking...

Bridging The MSME Credit Gap

With an innovative credit check and flexible repayment model, NeoGrowth has built a profitable ...

Automating SMEs

PayMate is improving process efficiency and providing greater transparency in cash flows...

Paranoid & Thriving

In an era of rising digital footprint, continuously looking at ways to add growth and girth ...

Future Ready

SBI, the largest bank in the country, has created building blocks for capturing ...

The Calculation behind our Rankings

The methodology behind the BT-KPMG Best Banks and Fintechs Survey 2021-22
By Team BT and KPMG

After a two-year hiatus, or rather, virtual jury meetings due to the Covid-19 pandemic, the Business Today-KPMG jury was finally back in person to decide the winners in the banking and fintech categories for 2021-22. The BT-KPMG awards have been around for more than two decades, but the jury element was only added seven years ago to go beyond numbers and also recognise business and people initiatives, strategy, innovation, management quality, risk management, governance, compliance, and so on. There were also two fintech awards to recognise emerging innovators in the payments and value-added spaces. The entire process of reaching out to banks and fintechs began in September 2022, and culminated in a jury meeting in early December.

The jury was presided over by K.V. Kamath, Chairperson of the National Bank for Financing Infrastructure and Development (NaBFID). Other members were Arun Kumar Purwar, former chairman of State Bank of India (SBI); Alice G. Vaidyan, former chairman and MD of GIC Re; A.P. Hota, former MD & CEO of NPCI Ltd; and Avinash Gupta, MD & CEO of Dun & Bradstreet. In terms of conflict of interest, Hota disclosed that he is an independent director on the board of The Federal Bank.