Credit growth is a key driver of stellar earnings from India’s banks as the country completes its recovery from Covid-19, but another driver is digital traction.

Best Bank: HDFC Bank

In 1994, Aditya Puri left Citibank to launch a new institution in a rapidly changing India. As he prepares to retire after 26 years, HDFC Bank stands apart as the strongest and most successful private-sector bank in the country.

The curtain is about to fall on one of the great Indian banking careers, so it is an appropriate moment to recognize the work of Aditya Puri at HDFC.

The managing director retires in October. RBI has three names to contemplate as his possible successor.