Dun & Bradstreet India’s Leading BFSI Companies 2017

Growth in number of ATMs and offices across different regions in India Banks are increasingly adding more number of ATMs and branches in the rural, semi-urban areas with the aim for inclusive growth. The total number of ATMs in India has grown from 181,252 in FY15 to 198,952 in FY16 reflecting an approximately 10% growth. As of Mar 2016, ATMs of all SCBs in rural and semi urban areas accounted for 44% of the total ATMS in the country. Looking at the CAGR of the ATMs from 2011-2016, rural areas have witnessed maximum growth of 37% followed by semi-urban areas with 24%, the overall CAGR of all SCBs in India stood at 22%.

ATM network by area as on end of March, 2016

40

35

31.8

30

25

18.7

20

15.8

13.2

15

9.9

10

5

0

Metro

Urban

Semi-Urban

Rural

Total

Source: RBI data and Dun & Bradstreet Research

The total number of bank offices in India has grown to 132,574 in FY16 compared to 125,863 in FY15. The overall bank branches grew by 5.3% in FY16, with rural areas accounting for the largest share at 38%.

Functioning Bank Branches as at the end of March, 2016.

8.0

7.3

7.1

6.7

7.0

6.0

6.0

5.2

5.0

4.0

3.0

2.0

1.0

0.0

Metro

Urban

Semi-Urban

Rural

Total

Source: RBI data and Dun & Bradstreet Research

Role of Regulators and the Government - Emergence of Differentiated Banking The Government and regulators play a pivotal role in providing an enabling environment for sustainable growth of the financial sector. The Indian Government’s policy around the financial sector is the focus on financial inclusion. The government has undertaken various initiatives to push financial inclusion, this includes setting up of 25% bank branches in unbanked areas, driving ‘Banking for all’ by 2018 initiative under Pradhan Mantri Jan Dhan Yojana (PMJDY) and granting loans to small business under Micro Units Development & Refinance Agency Ltd (MUDRA) scheme amongst others. Two years back, the government had launched PradhanMantri Jan Dhan Yojna (PMJDY), the biggest financial inclusion initiative in the world.

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