07 April 2009

Top Indian Banks

Top Indian Banks | Top 20 Global Banks

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.

State Bank of India

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

ICICI Bank

Rank 2008: 108

Rank 2007: 64

Brand Value 2008 ($ million): 939

Brand Value 2007 ($ million): 2,603

FY-2009 Q3 Results Y-o-Y

Dec-07 Interest Income (in crore): 7,911.77

Dec-07 Net Profit (in crore): 1,230.21

Dec-08 Interest Income (in crore): 7,836.08

Dec-08 Net Profit (in crore): 1,272.15

%change (2008/2007) Interest Income: -1%

%change (2008/2007) Net Profit: 3%



Quickies

HDFC Bank

Rank 2008: 151

Rank 2007: 236

Brand Value 2008 ($ million): 611

Brand Value 2007 ($ million): 368

FY-2009 Q3 Results Y-o-Y

Dec-07 Interest Income (in crore): 2,726.9

Dec-07 Net Profit (in crore): 429.36

Dec-08 Interest Income (in crore): 4,468.5

Dec-08 Net Profit (in crore): 621.74

%change (2008/2007) Interest Income: 64%

%change (2008/2007) Net Profit: 45%


Punjab National Bank

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%


Bank of India

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


03 April 2009

India Inc's most powerful CEOs

India Inc's most powerful CEOs

ET Bureau

The wait is finally over for the corner-room denizens of Corporate India. That most definitive of power listings, The Economic Times Corporate Dossier' India Inc's Most Powerful CEOs', is here and it reinforces what we have said all along: Power is not just about controlling assets or generating profits—it's about inspiring positive change.

All through 2008-09, the dramatic story of the Nano captured the public imagination and Ratan Tata, the driving force behind the little car, demonstrated tremendous fortitude through all the trials and travails he faced.

Mr Tata deservedly ascends to the top spot in the power rankings this year, displacing Mukesh Ambani of Reliance Industries, who is now in the second position.

Quickies

1) Ratan Tata(Tata Group)

Previous rank: 2

Theatre of Operations: Everwhere except Singur

Bragging rights: Just launched the world's cheapest car

Started his career with: National Radio And Electronics Company (Nalco)

It's in his genes: The head of the $62 billion House of Tatas has capitalised on the group's reputation for honesty and integrity and turned 'Tata' into a royalty-earning brand name that's used by the 100-plus companies within the fold

Leadership style: Aloof and understated

Allies: His favourite companions are his German Shepherds

Famous Quote: "A promise is a promise"

Big ambitions: Turn the Nano into a best-seller in Europe and the USA

Little known indulgence: Piloting his business jet

Future woes: The debts accrued in the Jaguar and Land Rover acquisitions

Home away from home: Alibagh, where he's designed and built a bungalow


2) Mukesh Ambani (Reliance Industries)

Previous rank: 1

Theatre of Operations: The seas off Andhra Pradesh to the coast of Gujarat

Bragging rights: Asia's richest man

It's in his genes: Thinks big, like his father, the late Dhirubhai

Leadership style: Relationship-based , entrepreneurial

Family relations: Husband to Nita, father to Akash, Anant and Isha

Famous Quote: "I have to eat my dal, roti, chawal. I have not developed a taste for other food."

Thorn In His Side: Continuing dispute with enstranged brother Anil over natural gas supplies from the Krishna-Godavari basin

Big ambitions: To build global-scale decentralised manafacturing in India, Gandhi-style

Big indulgence: Antila, the 27 storey home he's building on Altamount Road, Mumbai, at an estimated cost of $1 billion

Home away from home: South Africa, once the IPL matches start

Quickies

3) NR Narayana Murthy (Infosys Technologies)

Previous rank: 3

Bragging rights: Set to become Amar Chitra Katha's first living comic book hero

Started his career with: Patni Computers

It's in his genes: A believer in simple living and higher thinking, he is the billionaire-next-door in Bangalore, like Warren Buffet in Omaha

Leadership style: Statesman-like . Has handed over executive responsibilities to the younger set at Infosys and now likes to be called ‘chief mentor’

Family relations: Husband to Sudha Murthy, now a famous author, father to Akshata and Rohan

Famous Quote: "Our market cap is $15 bn when our employees walk into the office every morning and it's zero when they walk out in the evening"

Big ambitions: Seen as a future President of India

Little indulgences: Creating luxurious, world class campuses for his company's employees

Future woes: The global recession is likely to affect the software industry the mostest


More @ India Inc's most powerful CEOs

Source:ET