Geographical Outreach: Number of Branches in 3 Largest Cities, Excluding Headquarters, for Commercial Banks for India
INDFCBODCLNUM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
7,297.00
Year-over-Year Change
84.08%
Date Range
1/1/2004 - 1/1/2015
Summary
This economic trend measures the number of commercial bank branches in the 3 largest Indian cities, excluding headquarters. It provides insights into the geographical reach and accessibility of the Indian banking system.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
The Geographical Outreach: Number of Branches in 3 Largest Cities, Excluding Headquarters, for Commercial Banks for India trend tracks the physical presence of commercial banks in major urban centers across India. This data is used to assess the banking sector's coverage and service availability for consumers and businesses.
Methodology
The data is collected by the Reserve Bank of India through regulatory reporting from commercial banks.
Historical Context
This trend is relevant for policymakers, economists, and investors analyzing the growth and development of India's financial services infrastructure.
Key Facts
- India has the largest number of commercial bank branches globally.
- The top 3 Indian cities account for over 25% of the country's total bank branches.
- Branch expansion is a key strategy for banks to increase financial inclusion in India.
FAQs
Q: What does this economic trend measure?
A: This trend measures the number of commercial bank branches located in the 3 largest cities in India, excluding the banks' headquarters.
Q: Why is this trend relevant for users or analysts?
A: This data provides insights into the geographical coverage and accessibility of the Indian banking system, which is crucial for understanding financial inclusion and the development of the country's financial infrastructure.
Q: How is this data collected or calculated?
A: The data is collected by the Reserve Bank of India through regulatory reporting from commercial banks operating in India.
Q: How is this trend used in economic policy?
A: Policymakers and economists use this data to assess the expansion of banking services and guide policies aimed at improving financial inclusion across India.
Q: Are there update delays or limitations?
A: The data is reported on a regular basis by the Reserve Bank of India, but there may be some delays in the availability of the most recent figures.
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Citation
U.S. Federal Reserve, Geographical Outreach: Number of Branches in 3 Largest Cities, Excluding Headquarters, for Commercial Banks for India (INDFCBODCLNUM), retrieved from FRED.