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Top 10 Banks of India

Ever since the emergence of banking in India in the last decades of the 18th century, the sector witnessed a considerable growth irrespective of economic volatility and unstable political premise. Banking sector of India still maintains its reputation as one of the most persistently lucrative sector that runs on regular government intervention and well-conceived economic policies. Reserve Bank of India, considered the supervisor of all the commercial banks in India, is the main regulator and these financial institutions have to adhere to its governance. India has about 88 commercial banks including 31 private banks, 27 public sector banks and 38 foreign banks. The country has an aggregate of 53,000 bank branches and 17,000 ATMs. Public sector banks dominate the segment with 75%of the total assets of the industry held by them. On this page you will find the
List of Top 50 Banks In India, and also the list of Top 10 Global Banks. Following are the names of the best banks in India.


List Of Top 10 Banks Of India:

State Bank of India:

SBI is the oldest bank of India and also India's largest commercial bank. This government owned bank was established in the year 1806.It is also the second largest bank in the globe. The bank provides a wide array of banking products through their effective network not only on India but also overseas. The bank has about 16,000 branches and is also accountable for one-fifth of the loans of India. It has about 8500 ATMs across the nation.

ICICI Bank:

This is the second largest bank in India with about 1,419 branches and 4,644 ATMs spread countrywide. It is among the top commercial banks of India providing a wide range of banking services through varied delivery channels. Besides offering high-end banking facilities like Internet banking, Phone Banking and Mobile Banking, ICICI also plays a pivotal role in the domains of investment banking, venture capital and asset management and life and non-life insurance. It has its presence in 18 countries across the world including UK, Canada, Russia and others.

AXIS Bank:

One of the top private banks in India, it was earlier known as the Unit Trust of India (UTI) since it was promoted by the same organization. It was first among the new private banks to have started its operations in the year 1994. AXIS has its significant presence in about 4509 districts of India with a wide network of over 729 branch offices and Extension Counters. With around 3171 ATMs, the bank provides round the clock banking convenience. This Indina bank has amassed a capital of more than Rs. 350 crores and enjoys equal sway over retail and corporate banking.

HDFC Bank:

It is also among the top banks of India offering various banking services for the customers like Personal Banking, NRI Services, Net Banking, Online Remittances and others. The year 2008 has been very prosperous for HDFC as it won a host of awards for being the best retail bank and also the best among other Indian banks to adopt Information Technology. With a total income of more than Rs. 5,400 crores, it demands a significant position in Indian banking industry. The bank has about 1,500 branches and 2,890 ATMs in 530 Indian cities.


Bank of India:

The bank provides many services like Mobile Banking & Payments,online Tax Payment, Pay Bills, Online Trading in Shares,Internet Banking,Book Ticket and many more.Browse the site for more information and services.

Bank of Baroda:

This bank provides services like Rural/Agri Banking, SME Banking,Retail Banking, Wholesale Banking,Internet Banking,Mobile Banking,Wealth Management,Pre-paid Gift Card,ATM / Debit Cards,NRI Remittances and many more.

Punjab Bank of India (PNB):

Has been in operation since 1895, PNB is a trusted name in the banking segment of India. It is among the few other public sector banks of India that runs special schemes for senior citizens, army personnel, students and women. Despite the recessive tendency in Indian economy, PNB has managed to eke out profit on a sustained manner.

Citibank:

Citibank provides services like Online Banking, Text Banking, Mobile and Tablet Banking,Account Alerts, Online Bill Payments,Online Fraud Protection,Overdraft Protection and many more.Browse the site for more information on the bank's services.

Canara Bank:

Canara Bank offers services like Mutual Funds,Savings & Deposits,Loans & Advances,Depository Services,Consultancy Services and much more.

Union Bank of India:

This PSU unit has convinced the customers that they are 'Good people to bank with'. More than 50% of share capital of Union Bank of India is held by Indian government. Around 27,000 employees work together to fulfill the bank's mission to reduce the gap between expectations and deliverables.


Last Updated on:07/11/02011
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List Of Top 50 Banks

Top Global Banks Companies
The Royal Bank of
    Scotland Group plc
Edinburgh , UK Deutsche Bank AG Frankfurt am Main ,
     Germany
BNP Paribas SA Barclays PLC , London Credit Agricole SA , Paris UBS AG , Zurich,
     Switzerland
Societe Generale ABN AMRO
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