RBI ITBS Survey 2024-25: Indian Banks Abroad vs Foreign Banks
Why in the news
RBI released its annual Survey on International Trade in Banking Services (ITBS) 2024-25.
Comparison
| Measure | Indian banks abroad | Foreign banks in India |
|---|---|---|
| Balance sheet | Branches +9.1%; subsidiaries +4.2% | +17.5% |
| Lending | +5.6% | +8.4% |
| Deposits | +9.4% | -6.8% (previously 16.4%) |
| Income-to-assets | Branches -5.9%; subsidiaries +7.4% | -7.1% |
| Fee income | +4.3% | +9.4% |
- Overseas branches also saw staff +6.1%, branch count +1.9%, interest income +8% (last year 72%) and interest expenses +9% (last year 87.5%).
- Fee income came from credit services, trading, payments and trade finance.
Top fee locations for Indian banks
Hong Kong (new leader), UAE, Singapore, then UK (sharp fall).
Significance
- Shows global policy shifts and slower interest income after a very strong year.
- Hub shift: Hong Kong overtook the UK.
Exam angle
- Publisher: RBI; top location: Hong Kong.