Banking in India started in 18th Century and it still remains very strong in the Country. The first bank was General Bank which was established in 1786, later Bank of Hindustan was also established. However, both of them are not currently operational. It the State of India, which is India's oldest operational Bank opened in 1806.
State of India has always dominated the banking industry in India. It has a market share among Indian commercial banks of about 20% in deposits and loans.
Here are the Top 10 Banks of Inida:
1-State Bank of India
Total Assests- $369.20 Billion
With 21,500+ branches and 26,000 ATMs, SBI is the largest Bank of India. SBI was ranked 285th in the Fortune Global 500 rankings of the world's biggest corporations for the year 2012.
2-ICICI
Total Assests- $119 Billion
ICICI is private owned banking institution and currently holds the 2nd place in India in terms of total assests. It has 2,630+ branches and 8,003+ ATMs.
3-Punjab National Bank
Total Assests- $86.50 Billion
It is second largest government owned Bank and third in India. It was founded in 1895 and is trustworthy brand in India.
4-Bank of Baroda
Total Assests- $82.10 Billion
It is the highest profit making Public Sector Undertaking (PSU) Bank in India. It's headquarter is in Baroda and corporate headquarter is in Mumbai.
5-Bank of India
Total Assests- $79.20 Billion
BOI is the 4th largest PSU bank in India. It has branches over 4,157 and 1,679+ ATMs.
6-Canara Bank
Total Assests- $76.10 Billion
It was ranked 855th in Forbes Global 2000 list of year 2012. It was founded in 1906.
7-HDFC
Total Assests- $62.10 Billion
HDFC Bank has 1,986+ branches and over 5,471 ATMs in 996 cities in India. It is the second largest private owned Bank in India founded in 1994.
8-IDBI
Total Assests- $56.80 Billion
It was established in 1964 by an Act of Parliament to provide credit and other facilities for the development of the fledgling Indian industry.
9-Axis Bank
Total Assests- $54.20 Billion
Axis Bank was opened in 1994 and currently the 9th largest bank of India.
10-Union Bank of India
Total Assests- $53.10 Billion
State of India has always dominated the banking industry in India. It has a market share among Indian commercial banks of about 20% in deposits and loans.
Here are the Top 10 Banks of Inida:
1-State Bank of India
Total Assests- $369.20 Billion
With 21,500+ branches and 26,000 ATMs, SBI is the largest Bank of India. SBI was ranked 285th in the Fortune Global 500 rankings of the world's biggest corporations for the year 2012.
2-ICICITotal Assests- $119 Billion
ICICI is private owned banking institution and currently holds the 2nd place in India in terms of total assests. It has 2,630+ branches and 8,003+ ATMs.
3-Punjab National BankTotal Assests- $86.50 Billion
It is second largest government owned Bank and third in India. It was founded in 1895 and is trustworthy brand in India.
4-Bank of BarodaTotal Assests- $82.10 Billion
It is the highest profit making Public Sector Undertaking (PSU) Bank in India. It's headquarter is in Baroda and corporate headquarter is in Mumbai.
5-Bank of IndiaTotal Assests- $79.20 Billion
BOI is the 4th largest PSU bank in India. It has branches over 4,157 and 1,679+ ATMs.
6-Canara BankTotal Assests- $76.10 Billion
It was ranked 855th in Forbes Global 2000 list of year 2012. It was founded in 1906.
7-HDFCTotal Assests- $62.10 Billion
HDFC Bank has 1,986+ branches and over 5,471 ATMs in 996 cities in India. It is the second largest private owned Bank in India founded in 1994.
8-IDBITotal Assests- $56.80 Billion
It was established in 1964 by an Act of Parliament to provide credit and other facilities for the development of the fledgling Indian industry.
9-Axis BankTotal Assests- $54.20 Billion
Axis Bank was opened in 1994 and currently the 9th largest bank of India.
10-Union Bank of IndiaTotal Assests- $53.10 Billion
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