According to reports published on October 24, 2026, the Bihar Government has introduced a 100-point performance index for banks. The ranking is intended to improve credit delivery and ensure that deposits collected in Bihar support the state's economic development.
Bank | Score | Category |
|---|---|---|
IDFC FIRST Bank | 74 | Green |
HDFC Bank | 65 | Green |
|
Bank of Baroda | 64 | Green |
Union Bank of India | 52 | Green |
Bank of India | 47 | Yellow |
Punjab National Bank | 45 | Yellow |
State Bank of India | 32 | Red |
Canara Bank | 27 | Red |
The Bihar Government has introduced a 100-point performance assessment index to evaluate banks operating in the state.
The latest ranking has placed IDFC FIRST Bank at the top with 74 points, while State Bank of India (SBI), India's largest public sector bank, has scored just 32 points and been placed in the Red Zone.
Among public sector banks, Bank of Baroda and Union Bank of India have performed relatively well, scoring 64 and 52 points, respectively. However, several major PSU banks, including SBI, Canara Bank and UCO Bank, have been placed in the Red Zone.
The assessment focuses on credit delivery, achievement of Annual Credit Plan targets, credit-deposit ratios and lending under government welfare schemes.
While performance-based accountability is important, the rankings also raise questions about the parameters and weightage used to compare banks with different business models, geographical reach and social responsibilities.
The key question is whether the index captures the complete contribution of public sector banks to financial inclusion and economic development, alongside their lending performance. Transparent evaluation criteria and a comprehensive assessment of each bank's responsibilities would help make such rankings more meaningful.
