Foreign banks among total banks (%) in India
India: Foreign banks among total banks (%) was 12.0% in 2013. ▲ Rising
Foreign banks among total banks in India, 1995–2013
Source: Stijn Claessens and Neeltje van Horen, 2012. "Foreign Banks: Trends, Impact and Financial Stability" IMF Working Paper, WP/12/10. Measured in %.
Analysis
India recorded 12.0% for foreign banks among total banks in 2013. That is the highest value across all 19 years on record.
The figure is up 33.3% over ten years.
Over the whole period, foreign banks among total banks in India peaked at 12.0% in 2008 and was at its lowest, 6.0%, in 1995.
That places India 113th out of 137 countries with data for 2013, putting it in the bottom quarter.
The long-run direction has been consistently rising across the 19 years of available data.
Foreign banks among total banks (%) in India, year by year
| Year | % | Change |
|---|---|---|
| 1995 | 6.0% | — |
| 1996 | 6.0% | +0.0% |
| 1997 | 6.0% | +0.0% |
| 1998 | 7.0% | +16.7% |
| 1999 | 7.0% | +0.0% |
| 2000 | 8.0% | +14.3% |
| 2001 | 8.0% | +0.0% |
| 2002 | 9.0% | +12.5% |
| 2003 | 9.0% | +0.0% |
| 2004 | 9.0% | +0.0% |
| 2005 | 9.0% | +0.0% |
| 2006 | 11.0% | +22.2% |
| 2007 | 11.0% | +0.0% |
| 2008 | 12.0% | +9.1% |
| 2009 | 12.0% | +0.0% |
| 2010 | 12.0% | +0.0% |
| 2011 | 12.0% | +0.0% |
| 2012 | 12.0% | +0.0% |
| 2013 | 12.0% | +0.0% |
India compared with similar countries
- India's 12.0% is below the median for lower middle income countries, which is 43.0%, 28% of the median. (31 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 6.4% | 6.0% | 7.0% | 5 |
| 2000s | 9.8% | 8.0% | 12.0% | 10 |
| 2010s | 12.0% | 12.0% | 12.0% | 4 |
Countries ranked near India
More financial sector data for India
- Reserve position in the IMF, US dollar, annual growth rate 13.2 % change on previous year (2025)
- Reserve position in the IMF, US dollar, per unit of GDP 0.0012 units per US$ of GDP (2025)
- Reserve position in the IMF, US dollar, per capita 3.26 units per person (2025)
- Reserve position in the IMF, SDR, annual growth rate 7.8 % change on previous year (2025)
- Reserve position in the IMF, SDR, per unit of GDP 0.0009 units per US$ of GDP (2025)
- Reserve position in the IMF, SDR, per capita 2.38 units per person (2025)
- Reserve tranche position, US dollar, annual growth rate 13.2 % change on previous year (2025)
- Reserve tranche position, US dollar, per unit of GDP 0.0012 units per US$ of GDP (2025)
- Reserve tranche position, US dollar, per capita 3.26 units per person (2025)
- Reserve tranche position, SDR, annual growth rate 7.8 % change on previous year (2025)
Frequently asked questions
- What is foreign banks among total banks in India?
- Foreign banks among total banks in India was 12.0% in 2013, according to Stijn Claessens and Neeltje van Horen, 2012. "Foreign Banks: Trends, Impact and Financial Stability" IMF Working Paper, WP/12/10.
- What is the highest foreign banks among total banks recorded in India?
- The highest recorded value was 12.0% in 2008.
- What is the lowest foreign banks among total banks recorded in India?
- The lowest recorded value was 6.0% in 1995.
- How does India rank for foreign banks among total banks?
- India ranks 113th out of 137 countries with data for 2013.
- Is foreign banks among total banks rising or falling in India?
- Over the last ten years it is up 33.3%. The long-run trend across the full record is rising.
- Where does this India data come from?
- The figures come from Stijn Claessens and Neeltje van Horen, 2012. "Foreign Banks: Trends, Impact and Financial Stability" IMF Working Paper, WP/12/10, published as part of Foreign banks among total banks (%). Statizoid updates them automatically from the source API.
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About this data
Percentage of the number of foreign owned banks to the number of the total banks in an Economy. A foreign bank is a bank where 50 percent or more of its shares are owned by foreigners.