Tijori
2026-09-08 15:08
Buoyant
2026-09-07 (model valuation date)
41 lenders598 syncs ok2 failed

Capital

§20 — capital adequacy and the growth it can support.

Tijori has CRAR for 40 of 41 banks but Tier-1 for only 8, and no CET1 or RWA at all. CET1 is available for HDFC, ICICI, Axis and Kotak from Buoyant's internal model only.
CRAR
18.9%
median, listed lenders
Loan growth
17.7%
median, listed lenders
ROE
12.4%
median, listed lenders
Gross NPA
1.9%
median, listed lenders
P/B
1.07x
median, listed lenders
Book value growth
11.3%
median, listed lenders
display
#BankCategory
1Fino Payments BankPayments Bank82.6%142.9%16.2%——2.64x
2RBL BankMid/Small Private33.3%23.3%5.0%5.8%1.3%1.08x
3Tamilnad MercantileMid/Small Private32.3%20.8%12.2%14.1%0.7%0.91x
4IDBI Bankex-PSU26.9%16.1%11.3%14.3%2.3%1.09x
5ESAF Small FinanceSFB23.9%19.8%-8.4%-9.9%5.4%0.58x
6Kotak Mahindra BankLarge Private22.8%16.4%-77.0%11.3%1.2%1.94x
7City Union BankMid/Small Private21.7%26.5%11.3%13.9%1.7%1.69x
8Capital Small Fin.SFB21.6%20.9%8.5%10.5%2.5%0.69x
9Karnataka BankMid/Small Private21.1%6.9%9.3%10.2%2.6%0.67x
10Ujjivan Small FinSFB20.4%26.7%12.0%11.1%2.2%1.46x
11Jana Small Fin. BankSFB20.2%24.6%8.3%8.1%2.2%0.85x
12Suryoday Small Fin.SFB20.0%——8.2%6.5%—
13CSB BankMid/Small Private20.0%26.5%8.8%14.1%1.8%1.26x
14South Indian BankMid/Small Private19.6%15.8%12.9%13.6%1.4%0.79x
15HDFC BankLarge Private19.6%12.0%-44.2%13.7%1.2%1.94x
16Equitas Small Fin.SFB19.4%18.1%0.9%1.8%2.4%0.97x
17Indian Overseas BankPSU19.4%24.9%14.8%16.0%1.3%1.80x
18Dhanlaxmi BankMid/Small Private19.2%24.7%5.7%7.6%1.8%0.60x
19UCO BankPSU19.0%18.2%8.2%8.4%2.1%1.61x
20AU Small Fin. BankSFB18.9%25.4%15.8%14.5%2.0%3.20x
21Bank Of IndiaPSU18.7%17.0%11.4%12.1%1.8%0.76x
22Bank of MaharashtraPSU18.6%22.0%15.7%22.7%1.4%1.50x
23Karur Vysya BankMid/Small Private18.6%16.9%-1.5%19.0%0.7%1.98x
24Union Bank Of IndiaPSU18.5%10.5%17.3%14.9%2.6%1.00x
25CentralBank of IndiaPSU18.3%19.3%5.7%12.4%2.6%0.81x
26Bandhan BankMid/Small Private18.2%13.7%3.9%5.0%3.1%0.90x
27PNBPSU18.1%14.0%12.6%12.8%2.8%0.83x
28Punjab & Sind BankPSU17.6%19.1%5.8%9.8%2.2%1.12x
29Indian BankPSU17.6%14.7%11.9%15.5%1.9%1.56x
30Canara BankPSU17.2%16.3%11.7%15.8%1.6%1.01x
31Indusind BankLarge Private17.1%-8.4%1.4%1.3%3.3%0.90x
32DCB BankMid/Small Private17.0%17.6%12.1%12.0%2.4%0.83x
33Federal BankMid/Small Private17.0%13.2%15.9%11.4%1.5%1.66x
34ICICI BankLarge Private16.8%15.8%15.0%15.7%1.4%2.42x
35Axis BankLarge Private16.7%18.6%14.5%13.3%1.3%1.69x
36J&K BankMid/Small Private16.7%17.7%16.1%15.1%2.4%0.81x
37Bank Of BarodaPSU16.3%16.4%13.2%12.7%2.0%0.77x
38State Bank Of IndiaPSU15.7%17.1%18.3%14.9%1.5%1.61x
39Yes BankMid/Small Private15.1%11.1%6.9%7.2%1.3%1.06x
40IDFC First BankMid/Small Private15.1%20.3%5.7%3.7%1.5%1.07x
41Utkarsh Small Fin.SFB—-3.5%-42.3%-42.0%—0.67x

CRAR is the latest quarterly KPI observation. A bank growing loans well above its book-value growth with thin CRAR is capital constrained.