Corporate Banking in India
RAROC profiles and pricing benchmarks for 2 India banks, sourced from Pillar 3 disclosures.
Last updated: March 2026 · Data source: public Pillar 3 disclosures
Banks tracked
2
Headquartered in India
Total corporate EAD
EUR 17.3tn
Combined exposure
Avg cost-to-income
47.2%
Operating efficiency
Avg corporate PD
1.45%
Probability of default
Overview
OpenRAROC tracks 2 banks headquartered in India with a combined corporate credit exposure of EUR 17.3tn. The average India bank in our dataset has a cost-to-income ratio of 47.2% and an average corporate probability of default of 1.45%. On a representative BBB+ EUR 25M 5-year term loan, these banks generate an average RAROC of 7.09%.
Cheapest vs most expensive in India
On the standard sample deal, HDFC Bank is the cheapest lender in India, requiring just 252bp to hit a 12% RAROC hurdle. The most expensive is State Bank of India at 262bp — a difference of 10bp on the same deal. For a EUR 25M facility, that's EUR 23,958 per year in interest expense.
All 2 banks ranked by RAROC
RAROC computed on a representative BBB+ rated, 5-year, EUR 25M term loan at 150bp spread. Click any bank for its full profile.
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FAQ: corporate banking in India
How many banks in India does OpenRAROC cover?
OpenRAROC tracks 2 banks headquartered in India, with a combined corporate credit exposure of EUR 17.3tn reported in their most recent Pillar 3 CR6 disclosures.
Which India bank has the tightest corporate credit pricing?
On a representative BBB+ EUR 25M 5-year term loan, HDFC Bank requires the lowest minimum spread to clear a 12% RAROC hurdle (252bp), making it the cheapest lender in the India cohort on that specific deal.
What is the average cost-to-income ratio of India banks?
The 2 India banks in the dataset report an average cost-to-income ratio of 47.2% and an EAD-weighted average corporate probability of default of 1.45%.
How is RAROC calculated for India banks?
Each bank is priced on the same BBB+ EUR 25M 5-year term loan, using its own disclosed cost-to-income, effective tax rate, funding spread, and IRB-approach PD/LGD parameters. See the methodology page for the full formula.