Indian Banks Against Global Banks- An Empirical Study on Some Key Indicators and the Road Ahead

Abstract

Few years after the independence, the old Imperial Bank of India was ten times bigger than the Hong Kong and I Shanghai Bank (HSBC). Since then, the Imperial Bank has morphed into the State Bank of India (SBI}, our domestic baking behemoth which towers over its competitors here. Yet, SBI is today a mere tenth of the modern HSBC's size. This paper tries to give an insight about how Indian banks -just like their peers in manufacturing - have lost out in the quest for global scale.