Asia 100 1999 – Cleaning the hives
Return of average equity change
Return of average equity change
| Rank 99 | Rank 98 | Bank | Country | Fiscal period | Shareholder equity($m) | Equity growth (%) | Total growth($m) | Asset growth(%) | Net income($m) | Income growth (%) | ROAE (%) |
| 1 | 1 | State Bank of India | India | 1998/9 | 2,453 | 0.86 | 52,479 | 15.4 | 242 | -48.6 | 10.3 |
| 2 | 2 | Bank of Baroda | India | 1998/9 | 684 | 1.38 | 12,319 | 6.1 | 99 | -14.9 | 15.2 |
| 3 | 4 | Canara Bank | India | 1998/9 | 569 | -2.39 | 11,349 | 4 | 53 | 3.3 | 9.5 |
| 4 | 3 | Bank of India | India | 1998/9 | 568 | -3.16 | 12,718 | 8.4 | 47 | -48.6 | 8.5 |
| 5 | 5 | Punjab National Bank | India | 1998/9 | 455 | 8.68 | 10,925 | 8.4 | 88 | -27.4 | 20.8 |
| 6 | 7 | Central Bank of India | India | 1998/9 | 405 | -1.4 | 8,125 | 8.8 | 34 | -22.1 | 8.8 |
| 7 | 8 | Union Bank of India | India | 1998/9 | 397 | -0.61 | 7,366 | 13 | 38 | -40.3 | 9.8 |
| 8 | 9 | Oriental Bank of Commerce | India | 1998/9 | 290 | 5.99 | 4,430 | 18.4 | 54 | 2.1 | 19.9 |
| 9 | 11 | Corporation Bank | India | 1998/9 | 230 | 6.95 | 3,534 | 24.5 | 45 | 7.2 | 21.1 |
| 10 | 16 | Allahabad Bank | India | 1998/9 | 200 | 5.29 | 4,109 | 6.7 | 32 | -2.7 | 16.9 |
| 11 | 6 | Syndicate Bank | India | 1998/9 | 165 | 14.4 | 5,164 | 10.1 | 34 | 60.7 | 22.5 |
| 12 | 18 | Dena Bank | India | 1998/9 | 164 | 18.91 | 3,501 | 12.8 | 26 | -2.4 | 17.7 |
| 13 | 15 | National Bank of Pakistan | Pakistan | 1998 | 161 | -8.12 | 7,051 | 3.2 | 1 | -107.1 | 0.9 |
| 14 | – | United Bank | Pakistan | 1998 | 128 | -130.39 | 3,033 | 31.6 | 66 | -113.7 | -48.1 |
| 15 | 21 | Indusind Bank | India | 1998/9 | 125 | -3.76 | 1,455 | 14.3 | 9 | -62.4 | 7.1 |
| 16 | – | Bank of Maharashtra | India | 1998/9 | 113 | 1.32 | 2,874 | 10.9 | 12 | -14.1 | 11.3 |
| 17 | 25 | Vijaya Bank | India | 1998/9 | 96 | -4.5 | 2,547 | 10.4 | 7 | 20.8 | 7.5 |
| 18 | – | State Bank of Travancore | India | 1998/9 | 90 | 0.98 | 2,574 | 11.3 | 10 | -36.3 | 11.8 |
| 19 | – | HDFC Bank | India | 1998/9 | 80 | 10.74 | 1,026 | 43.2 | 19 | 21.6 | 26.4 |
| 20 | – | Muslim Commercial Bank | Pakistan | 1998 | 79 | -2.06 | 3,255 | -4.5 | 9 | 60.1 | 11.2 |
| 21 | – | Federal Bank | India | 1998/9 | 76 | -19.66 | 1,904 | 2.9 | 1 | -95.3 | 0.7 |
| 22 | – | DFCC Bank | Sri Lanka | 1998/9 | 76 | -2.75 | 364 | 20 | 10 | -5 | 13.6 |
| 23 | – | ICICI Banking | India | 1998/9 | 73 | 7.68 | 1,647 | 98.3 | 15 | 17.5 | 22 |
| 24 | – | Global Trust Bank | India | 1998/9 | 68 | 11.86 | 1,226 | 28.1 | 17 | -17.6 | 26.6 |
| 25 | – | People’s Bank | Sri Lanka | 1998 | 63 | -3.46 | 1,809 | -4.2 | 5 | -54.9 | 8.6 |
