Top 10 Banks of India
|Top 10 Banks of India|
|State Bank of India||ICICI Bank|
|Punjab National Bank||Bank of Baroda|
|Canara Bank||HDFC Bank|
|Bank of India||IDBI Bank|
|Axis Bank||Union Bank of India|
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:(www.sbi.co.in)
SBI is the largest and best performing commercial bank in India, in terms of assets and annual revenue figures. With over 21,000 branches all over the world, this financial company is also among the most trusted banks. SBI is a Government of India managed financial institution, founded in 1806.
Founded in 1955, ICICI has made a name for itself in providing diverse financial services including corporate banking, wealth management, mortgage loans and insurance. It is the 2nd largest bank in the country in terms of assets. This Indian financial company has branches and subsidiaries in 19 countries.
Headquartered in New Delhi, PNB is best known for being the first bank in India to have started with Indian money only and to be still operating. With an annual revenue of Rs. 36,428 Crores (for financial year 2012), it has around 5000 branches across India and more than 37 million customers.
Bank of Baroda is an India public sector bank with its operations spanning many countries around the world including India. Established in 1908 by the Maharaja of Baroda, it made an annual profit of Rs. 5006 Crores in the financial year 2012, which is the highest among all PSU banks.
Founded in 1977, HDFC is a financial services giant in India. Headquartered in Mumbai, this mortgage company has over 300 offices in the country and international offices in London, Dubai and Singapore. Its annual revenue for 2012 was 3.44 billion USD.
HDFC is the largest bank in India, in terms of market capitalization (for 2012). Founded in 1994, it has more than 10,000 ATMs around India. Its services include retail banking, treasury, working capital finance and wholesale banking. The bank has its headquarters in Mumbai.
With over 4000 branches in India, and other countries like Nigeria, Japan, UK, US and New Zealand, BoI is a Government of India owned commercial financial institution. It was founded in 1906 and provides services like private banking, mortgage loans, commercial banking and asset management.
Established with the view to finance and promote industrial development in India in 1964, IDBI today is among the world’s largest development banks. It is owned by the Government of India and has banking products like insurance, investment banking, private equity, wealth management and consumer banking.
Winner of the Best Private Sector Bank Award, for 2011, by both NDTV Profit and Outlook Money, Axis Bank is a sought after name in the banking industry. It was founded as UTI Bank in 1994. It is well known for having an ATM at one of the highest ATM sites in the world, at Thegu in Sikkim, which is at an elevation of 13,200 feet.
UBI is one of the best public sector banks not only in India, but also the world. It has won accolades for its use of business intelligence and mobile technology, and financial inclusion initiatives for 2012. The bank has a network of more than 4000 ATMs in India and holds assets worth 13.45 billion USD.
Last Updated on:05/Dec/2012