Herfindahl-Hirschman index
The Herfindahl-Hirschman index (HHI), better known as the Herfindahl index, is a statistical measure of concentration. It has achieved an unusual degree of visibility for a statistical index because of its use by the competition regulators to analyse the competitive effects of mergers. The aim of such an evaluation is to ascertain if sanctioning the proposed merger would result in an appreciable adverse effect on competition (AAEC) or not. Alt Indices uses financial as well as non-financial data from regulated sources to compute the HHI benchmarks.
Quick Facts
Rebalancing Frequency | Annually |
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Calculation Frequency | Yearly |
Input | Income/Total Assets/Total Deposits |
Source | Reserve Bank of India (RBI) |
First Value Date | April 01, 2005 |
Characteristics
Number of Constituents | (including historical constituents) 141 |
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Max Market Share | 21.1% (SBI) |
Min Market Share | 0.00% (JSC VTB BANK) |
Mean Market Share | 1.06% |
Median Market Share | 0.18% |
Constituents
Top Constituents by Index Weight | |
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STATE BANK OF INDIA | |
HDFC BANK LTD | |
AXIS BANK LIMITED | |
PUNJAB NATIONAL BANK | |
BANK OF BARODA | |
CANARA BANK | |
BANK OF INDIA | |
UNION BANK OF INDIA | |
YES BANK LTD. |
Sector Breakdown
SECTOR | Income share |
---|---|
Private Sector | 58.6% |
Public sector | 35.3% |
Foreign banks | 5.3% |
Small finance banks | 0.8% |
Source | Reserve Bank of India (RBI) |
Country Breakdown
COUNTRY | |
---|---|
India | 100% |
Number of Current Constituents | 94 |