In a year when the global financial landscape changed irretrievably, with many big daddies of financial markets either going bust or getting bailed-out, Indian banks surprisingly came out strongly in the latest Top 500 Global Financial Brands 2009.
The Indian tally in the Global 500 has more than tripled to 19 in 2008, up from 6 in 2007. The biggest gainer from India is HDFC Bank.
Interestingly, all 13 new entrants in the league table from the country are government run.
For three months ending December 2008, 19 Indian banks/financial institution in the Global 500 2009 reported an average 35% growth in interest income and a higher 42% jump in net profit.
Here are banks and financial institutions that made it to the list.
Rank 2008: 69
Rank 2007: 60
Brand Value 2008 ($ million): 1,448
Brand Value 2007 ($ million): 2,852
FY-2009 Q3 Results Y-o-Y
Dec-07 Interest Income (in crore): 12,666.82
Dec-07 Net Profit (in crore): 1,808.64
Dec-08 Interest Income (in crore): 18,030.34
Dec-08 Net Profit (in crore): 2,478.42
%change (2008/2007) Interest Income: 42%
%change (2008/2007) Net Profit: 37%
| Quickies | |||
 Rank 2008: 108 | |||
| Quickies | |||
 Rank 2008: 151 | |||
Rank 2008: 190 (New Entrant)
Brand Value 2008 ($ million): 384
Brand Value 2007 ($ million): N/A
FY-2009 Q3 Results Y-o-Y
Dec-07 Interest Income (in crore): 3,636.1
Dec-07 Net Profit (in crore): 541.4
Dec-08 Interest Income (in crore): 5,294.7
Dec-08 Net Profit (in crore): 1,005.8
%change (2008/2007) Interest Income: 46%
%change (2008/2007) Net Profit: 86%
Rank 2008: 226 (New Entrant)
Brand Value 2008 ($ million): 273
Brand Value 2007 ($ million): N/A
FY-2009 Q3 Results Y-o-Y
Dec-07 Interest Income (in crore): 3,151.11
Dec-07 Net Profit (in crore): 511.89
Dec-08 Interest Income (in crore): 4343.17
Dec-08 Net Profit (in crore): 872.17
%change (2008/2007) Interest Income: 38%
%change (2008/2007) Net Profit: 70%
More@http://economictimes.indiatimes.com/quickiearticleshow/4057887.cms