# Banking Sector
> Credit cycle upswing with clean balance sheets positions banks for sustained earnings compounding.

## Overview
Market Cap: ₹51,97,345 Cr
Avg P/E: 13.5
Avg ROE: 9.7%
Avg ROCE: 0.0%
1Y Return: -0.16%
Companies: 41

## Data Freshness
Sector Updated: 2026-05-22T07:41:16.359Z
Updated By: daily market-close sync and live stock-data refresh

## Companies
- HDFC Bank Ltd (HDFCBANK): ₹759.15 | PE 17.13 | MCap ₹11,81,492 Cr
- ICICI Bank Ltd (ICICIBANK): ₹1242.8 | PE 16.58 | MCap ₹8,89,489 Cr
- State Bank of India (SBIN): ₹950.9 | PE 10.71 | MCap ₹8,88,862 Cr
- Kotak Mahindra Bank Ltd (KOTAKBANK): ₹380.85 | PE 20.47 | MCap ₹3,85,189 Cr
- AXIS Bank Ltd (AXISBANK): ₹1253.3 | PE 14.67 | MCap ₹3,85,030 Cr
- Bank of Baroda (BANKBARODA): ₹263.1 | PE 6.95 | MCap ₹1,35,231 Cr
- Union Bank of India (UNIONBANK): ₹160.12 | PE 6.37 | MCap ₹1,23,626 Cr
- Punjab National Bank (PNB): ₹101.92 | PE 6.59 | MCap ₹1,17,285 Cr
- Canara Bank (CANBK): ₹127.97 | PE 5.34 | MCap ₹1,16,104 Cr
- Indian Bank (INDIANB): ₹818.95 | PE 9.44 | MCap ₹1,10,525 Cr
- IDBI Bank Ltd (IDBI): ₹72.9 | PE 8.51 | MCap ₹79,095 Cr
- AU Small Finance Bank Ltd (AUBANK): ₹958.7 | PE 27.73 | MCap ₹72,733 Cr
- Federal Bank Ltd (FEDERALBNK): ₹283.75 | PE 16.03 | MCap ₹69,019 Cr
- Indusind Bank Ltd (INDUSINDBK): ₹899.95 | PE 76.76 | MCap ₹68,359 Cr
- Yes Bank Ltd (YESBANK): ₹21.57 | PE 19.17 | MCap ₹67,385 Cr
- Indian Overseas Bank (IOB): ₹33.77 | PE 11.78 | MCap ₹63,720 Cr
- Bank of India (BANKINDIA): ₹139.23 | PE 6.1 | MCap ₹62,840 Cr
- Bank of Maharashtra (MAHABANK): ₹79.76 | PE 8.49 | MCap ₹59,586 Cr
- IDFC First Bank Ltd (IDFCFIRSTB): ₹68.3 | PE 35.66 | MCap ₹57,710 Cr
- UCO Bank (UCOBANK): ₹24.82 | PE 11.15 | MCap ₹30,897 Cr
- Bandhan Bank Ltd (BANDHANBNK): ₹191.08 | PE 25.09 | MCap ₹30,637 Cr
- Central Bank of India (CENTRALBK): ₹33.92 | PE 6.72 | MCap ₹30,395 Cr
- Karur Vysya Bank Ltd (KARURVYSYA): ₹288.1 | PE 11.38 | MCap ₹28,544 Cr
- RBL Bank Ltd (RBLBANK): ₹328.75 | PE 23.08 | MCap ₹20,133 Cr
- City Union Bank Ltd (CUB): ₹252.15 | PE 13.95 | MCap ₹18,470 Cr
- Punjab & Sind Bank (PSB): ₹23.69 | PE 12.56 | MCap ₹16,575 Cr
- J&KBANK (J&KBANK): ₹140.06 | PE 6.1 | MCap ₹14,392 Cr
- Tamilnad Mercantile Bank Ltd (TMB): ₹691.6 | PE 8.13 | MCap ₹10,875 Cr
- Ujjivan Small Finance Bank Ltd (UJJIVANSFB): ₹52.9 | PE 15.43 | MCap ₹10,529 Cr
- South Indian Bank Ltd (SOUTHBANK): ₹41.01 | PE 6.89 | MCap ₹10,012 Cr
- Karnataka Bank Ltd (KTKBANK): ₹270.85 | PE 7.96 | MCap ₹9,184 Cr
- Equitas Small Finance Bank Ltd (EQUITASBNK): ₹68.96 | PE 0 | MCap ₹7,619 Cr
- CSB Bank Ltd (CSBBANK): ₹364.05 | PE 9.71 | MCap ₹6,005 Cr
- DCB Bank Ltd (DCBBANK): ₹182.05 | PE 7.79 | MCap ₹5,720 Cr
- Jana Small Finance Bank Ltd (JSFB): ₹450.5 | PE 14.95 | MCap ₹4,867 Cr
- Utkarsh Small Finance Bank Ltd (UTKARSHBNK): ₹13.21 | PE 0 | MCap ₹2,409 Cr
- Suryoday Small Finance Bank Ltd (SURYODAY): ₹159.68 | PE 11.72 | MCap ₹1,780 Cr
- ESAF Small Finance Bank Ltd (ESAFSFB): ₹27.67 | PE 0 | MCap ₹1,508 Cr
- Capital Small Finance Bank Ltd (CAPITALSFB): ₹280.4 | PE 8.9 | MCap ₹1,258 Cr
- Dhanlaxmi Bank Ltd (DHANBANK): ₹34.42 | PE 12.83 | MCap ₹1,231 Cr
- Fino Payments Bank Ltd (FINOPB): ₹120.86 | PE 14.8 | MCap ₹1,025 Cr

## Analysis
Indian banking is at a cyclical sweet spot with asset quality at decadal highs and credit growth at 14-16%. The sector has undergone massive consolidation with PSU bank mergers and the landmark HDFC-HDFC Bank deal. Private banks continue gaining deposit market share through superior technology and branch expansion. CASA ratios above 40% provide funding cost advantage. Key metrics: NIM (Net Interest Margin), GNPA ratio, Provision Coverage Ratio, CASA ratio, ROA, and credit-deposit ratio. PSU banks trade at 0.8-1.2x book offering deep value, while quality private banks command 2-3x. Small finance banks are emerging as high-growth niche players in micro and MSME lending.

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Source: rupiya.io/sectors/banking
Disclaimer: For research and education only. Not investment advice.