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BS Banking Annual 2016: A different scale of banking

HDFC Bank is ahead of its peers in shareholder returns, presence in rural and semi-urban areas and innovations in digital banking

BS Banking Annual 2016 Jury
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(Left to right) Edelweiss Group Chairman Rashesh Shah, former RBI Deputy Governor Anand Sinha, former Economic Affairs Secretary and former HDFC Bank Chairman (Chairman of the Jury) C M Vasudev, former RBI Deputy Governor H R Khan, Ican Investment Advisors Chairman Anil Singhvi, and Ambit Capital CEO - Institutional Equities Saurabh Mukherjea (Photo: Suryakant Niwate)

Business Standard
The spectre of stressed assets left a swathe of red across the financials of many banks, especially public sector banks, in 2015-16. The Reserve Bank of India’s Asset Quality Review last year resulted in banks beginning the process of recognising bad loans. As a result, banks were hit on both non-performing loans and profitability. 

In the first screening proposed by Business Standard, two filters were used — asset size of over Rs 50,000 crore and growth in net profit. The result was a dominance of new private sector banks and small public sector banks. 

The jury, headed by C M Vasudev, former