 "Taking stock")
Branching out
Private sector banks have more than doubled their office count in the country since 2007. In comparison, the number of offices of public sector banks increased by 45.5 per cent during this period. Foreign banks, with restrictions on their branch expansion, widened their office network in India by 22.8 per cent in the last six years. However, public sector banks continue to have the largest share, 69 per cent, in the total number of offices of commercial banks in India
Private sector banks have more than doubled their office count in the country since 2007. In comparison, the number of offices of public sector banks increased by 45.5 per cent during this period. Foreign banks, with restrictions on their branch expansion, widened their office network in India by 22.8 per cent in the last six years. However, public sector banks continue to have the largest share, 69 per cent, in the total number of offices of commercial banks in India