Bank concentration in India
India: Bank concentration was 40.9% in 2021. ▲ Rising
Bank concentration in India, 2000–2021
Source: Bankscope, Bureau van Dijk (BvD). Measured in %.
Analysis
In 2021, bank concentration in India stood at 40.9%.
The figure is up 3.8% on the previous year and up 38.8% over ten years.
Over the whole period, bank concentration in India peaked at 41.3% in 2019 and was at its lowest, 28.8%, in 2012.
That places India 161st out of 169 countries with data for 2021, putting it in the bottom quarter.
The long-run direction has been consistently rising across the 22 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 33.9% | 32.1% | 35.7% | 10 |
| 2010s | 32.3% | 28.8% | 41.3% | 10 |
| 2020s | 40.2% | 39.4% | 40.9% | 2 |
Countries ranked near India
- 158 United Kingdom 42.9% compare
- 159 Bosnia and Herzegovina 41.7% compare
- 160 Paraguay 41.5% compare
- 162 Pakistan 40.6% compare
- 163 United States 38.4% compare
- 164 China 38.3% compare
More financial sector data for India
- Domestic credit to private sector by banks 44.0% (2025)
- Total reserves in months of imports 7.88 (2025)
- Net domestic credit 312.77 trillion current LCU (2025)
- Net foreign assets 66.95 trillion current LCU (2025)
- Monetary Sector credit to private sector 44.0% (2025)
- Broad money 82.1% (2021)
- Claims on central government, etc. 20.0% (2025)
- Domestic credit to private sector 44.0% (2025)
- Official exchange rate 87.16 LCU per US$, period average (2025)
- Net migration -495,753 (2025)
Frequently asked questions
- What is bank concentration in India?
- Bank concentration in India was 40.9% in 2021, according to Bankscope, Bureau van Dijk (BvD).
- What is the highest bank concentration recorded in India?
- The highest recorded value was 41.3% in 2019.
- What is the lowest bank concentration recorded in India?
- The lowest recorded value was 28.8% in 2012.
- How does India rank for bank concentration?
- India ranks 161st out of 169 countries with data for 2021.
- Is bank concentration rising or falling in India?
- Over the last ten years it is up 38.8%. The long-run trend across the full record is rising.
- Where does this India data come from?
- The figures come from Bankscope, Bureau van Dijk (BvD), published as part of Bank concentration (%). Statizoid updates them automatically from the source API.
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CSV · JSON — 22 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Raw data are from Bankscope. (Sum(data2025) for three largest banks in Bankscope) / (Sum(data2025) for all banks in Bankscope). Only reported if number of banks in Bankscope is 3 or more. Calculated from underlying bank-by-bank unconsolidated data from Bankscope.