The Indian banking system is one of the largest and most complex in the world, with more than 100 scheduled commercial banks and an aggregate of more than 96,000+ branches. The industry has undergone a significant evolution since the country’s independence in 1947, and today it plays a vital role in funding economic development of India.
Return on Assets (ROA) is a metric that measures the profitability of a business in relation to its total assets. Here is a list of banks with return on assets of upto 3.30 percent
HDFC Bank
In the day’s trade on December 4, 2023, the shares of HDFC Bank Limited were trading at Rs. 1,585, up 1.90 percent from its previous day’s close price of Rs. 1,555.40 and its market capitalization is Rs. 12,02,940 Crores.
Its total income grew 76.27 percent from Rs. 61,021 Crores in FY22 to Rs. 1,07,566 Crores in FY23, accompanied by increasing profits of Rs. 12,403 Crores to Rs. 17,312 Crores.
It has reported a return on assets (ROA) of 1.81 percent and a return on equity (ROE) of 15.89 percent, it is making good returns on its equity and assets.
HDFC Bank is one of India’s leading private banks, it is engaged in providing a range of banking and financial services including retail banking, wholesale banking, and treasury operations.
CSB Bank
In the day’s trade on December 4, 2023, the shares of CSB Bank Limited were trading at Rs. 402, up 4.67 percent from its previous day’s close price of Rs. 384.05 and its market capitalization is Rs. 6,982 Crores.
Its total income grew 15.31 percent from Rs. 2,285 Crores in FY22 to Rs. 2,635 Crores in FY23, accompanied by increasing profits of Rs. 458 Crores to Rs. 547 Crores.
It has reported a return on assets (ROA) of 1.87 percent and a return on equity (ROE) of 17.93 percent, it is making good returns on its equity and assets.
CSB Bank is one of the oldest private-sector banks in India, it operates through four business segments namely Small and medium enterprises banking, retail banking, wholesale banking, and treasury options.
Kotak Mahindra Bank
On December 4, 2023, the shares of Kotak Mahindra Bank Limited were trading at Rs. 1,787.75 and its market capitalization is Rs. 3,55,171 Crores.
Its total income grew 15.39 percent from Rs. 59,051 Crores in FY22 to Rs. 68,142 Crores in FY23, accompanied by increasing profits of Rs. 11,932 Crores to Rs. 14,780 Crores.
It has reported a return on assets (ROA) of 2.40 percent and a return on equity (ROE) of 13.34 percent, it is making good returns on its equity and assets.
Kotak Mahindra Bank is a diversified financial services bank providing a wide range of banking and financial services including Retail Banking, Treasury and Corporate Banking, Investment Banking, Stock Broking, Vehicle Finance, Advisory services, Asset Management, Life Insurance, and General Insurance.
Ujjivan Small Finance Bank
In the day’s trade on December 4, 2023, the shares of Ujjivan Small Finance Bank Limited were trading at Rs. 549.35, down 0.70 percent from its previous day’s close price of Rs. 553.10 and its market capitalization is Rs. 6,684 Crores.
Its total income grew 48 percent from Rs. 2,812 Crores in FY22 to Rs. 4,164 Crores in FY23, accompanied by a loss of Rs. 415 Crores to a profit of Rs. 1,100 Crores.
It has reported a return on assets (ROA) of 3.30 percent and a return on equity (ROE) of 27.43 percent, it is making good returns on its equity and assets.
Ujjivan Small Finance Bank is a leading Indian-based small finance bank catering to financially unserved and underserved segments and committed to building financial inclusion in the country. Its business segments include retail banking, wholesale banking and treasury operations.
Written by: Bharath K.S
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