Today we will discuss about Top 10 Banks in India so that, you can know which bank is suitable for your needs.
India is a developing country. Therefore, the banking sector plays an important role in the economy in the progress of the country. The aim of the banks is to help the people by giving loans to them. Let us look at the Top 10 Banks in India and learn about some related facts related to them.
1. HDFC Bank Ltd.
HDFC stands for Housing Development Finance Corporation Limited, and it is headquartered in Mumbai. It is the number one bank in the list of top 10 banks in India; Furthermore, it is the largest private bank in India. HDFC extends various products and services, and is not limited to retail and wholesale banking, But also offers Home, Auto & Business Loans, Personal Banking, Lifestyle Loans, and Credit & Debit Cards. HDFC owns some of the leading digital products such as Payzapp and SmartBUY.
Some facts about HDFC Bank are:
- Number of Employees – 1,00,000+
- Number of ATMs – 13,160
- Number of branch – 5,103
- Number of Debit Cards – 23.5 Crore+
- Number of POS terminals – 4.3 lakh
- Number of Credit Cards – 85.4 Lakh
Prize
Asia Money Best Bank Awards 2020
2.State Bank of India
It ranks second in our list of Top 10 Banks in India and Largest Public Sector Bank in India; Apart from this, it is also a Financial Service Body. The headquarter of SBI is in Mumbai. It has 23% market share in India. They have 195 offices in 36 countries across the world.
Some facts about SBI Bank are:
- Number of Employees – 2,57,000+
- Number of ATMs – 59,000+
- Number of Branches – 24,000+
- Number of POS Terminals – 6.08 Lakh
Prize
In 2020, SBI was ranked 221st on its Fortune Global 500 list of largest corporations. SBI has been awarded as the “Best Transaction Bank” in India for the second time by “Asian Banker”.
3. ICICI Bank Ltd
Industrial Credit and Investment Corporation of India is also known as ICICI Bank. Its headquarter is in Mumbai but its registered office is in Vadodara, Gujarat.It is the third largest bank in India. ICICI has an overseas presence with subsidiaries in Canada and the United Kingdom. The bank also has branches in China, Hong Kong, South Africa, Sri Lanka, Dubai, United States of America, Qatar, Singapore, Bahrain and Oman.
Some facts about ICICI Bank are:
- Number of Employees – 84,922+
- Number of ATMs – 15,101
- Branch Number – 4882
4. Bank of India
BoI stands for Bank of India. Its headquarter is in Mumbai. BoI is a founding member of SWIFT (Society for Worldwide Interbank Financial Telecommunication). The bank has about 56 offices in overseas locations beyond Botswana, New Zealand, France, Singapore, Hong Kong, Japan, Kenya, USA, UK, Uganda, South Africa, Vietnam, Tanzania.
Some facts about Bank of India are:
- Number of Employees – 48,000+
- Number of branches (in India) – 5,100+
5. Kotak Mahindra Bank
Kotak Mahindra Bank Kotak Mahindra Bank was established in 2003. It is the third largest private sector bank in India.
Some facts about Kotak Mahindra Bank are:
- Number of Employees – 33,000+
- Number of branches – 1,390+
- Number of ATMs – 2,100+
6. Axis Bank
Axis Bank is known as the fourth largest private sector bank in India. Its financial services are targeted towards large and medium sized corporates along with SME and retail businesses.
Some facts about Axis Bank are:
- Number of Employees – 55,000+
- Number of ATMs – 11,800+
- No. of Branches- 4050
- Number of Cash Recyclers – 4,917
7. IndusInd bank Ltd.
IndusInd was established in 1994. Its headquarter is in Mumbai, But most of its branches are located in the Indian metro cities of Mumbai, Delhi and Chennai. It also has overseas presence in Dubai, Abu Dhabi and London.
Some facts about IndusInd Bank are:
- Number of Employees – 25,000+
- Number of ATMs – 2,453
- Number of branches – 1,558
8. Yes Bank
Rana Kapoor and Ashok Kapoor founded Yes Bank in 2004. It is one of the fastest growing private sector banks in India. It is part of the top 10 banks in India. Its functions include Asset Management and Retail Banking.
Some facts about Yes Bank are:
- Number of Employees – 18,000+
- Number of ATMs – 1,220
- Number of Branches – 1,122
9. Punjab National Bank
Punjab National Bank PNB stands for Punjab National Bank. This bank has a commendable customer base of more than 8 crores. PNB has a good overseas presence in Dubai and Hong Kong, headquartered in Mumbai. In addition, PNB has 7 subsidiaries in Bhutan and 7 in the UK. In addition, the Bank has 86 Joint Enterprise Branches in Nepal and 8 Associate Branches in Kazakhstan.
Some facts about PNB Bank are:
- Number of Employees – 70,800+
- Number of ATMs – 10,680+
- Number of Branches – 7,000+
10. Bank of Baroda
BoB stands for Bank of Baroda. It is a public bank that finds its name in this list. Its headquarter is in Vadodara. In 2019, it gained popularity for the first ever 3-way Merger with Vijaya Bank and Dena Bank. This bank maintains a stupendous customer base of 12 crores.
Some facts about Bank of Baroda are-
- Number of Employees – 85,000+
- Number of ATMs -13,400
- Number of Branches -9,544
