If you are asked which is the best and reliable bank in the country, then all of us can have different thinking in this. At present there are total 93 commercial banks in our country.
Banks have a very special place in our lives. Whether we want to keep our money safe or work, we depend on the bank the most.
If you are asked which is the best and reliable bank in the country, then all of us can have different thinking in this.
At present there are total 93 commercial banks in our country. But which of these are India's top 10 banks.
1. HDFC Bank:
At present, HDFC has become the largest private sector bank in India. HDFC Bank was started in the year 1994.
It was the first bank that was approved by RBI as a private bank. As on 31st March 2018, this bank has opened 4,787 branches and 12,635 ATMs in 2,691 villages and cities across the country.
Presently its Managing Director is Aditya Puri. In the financial year of 2018 including turnover and other income, the total income of this bank was more than 95 thousand crores.
For online services of HDFC Bank, their website www.hdfcbank.com can be visited.
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2. State Bank of India (SBI):
SBI is the largest public sector bank in the country. Apart from India, SBI has 191 branches in 36 countries including Australia, France and America.
This bank was established in the year 1955. Its purpose was to make Indian citizens financially strong.
It has more than 16,000 branches and more than 9000 ATMs in India. It is the largest bank in India with 23% market share.
Also, in the case of loans, this bank owns a quarter of the market shares. In the year 2017, SBI was placed at number 271 in the list of the world's largest companies in the list of Fortune Global 500.
At present, the chairman of SBI is Rajnish Kumar. Click here for SBI Online Services. https://www.onlinesbi.com/
3. ICICI Bank:
The name of ICICI Bank is also included in the largest and successful banks of India. ICICI Limited was established in the year 1994.
In March 2018, the total income of this bank was 11,242 billion and the profit of tax deduction was more than 67 billion.
At present this bank has 4,867 branches and 14,367 ATMs across the country Recently,
ICICI CEO Chanda Kochhar was removed from her post and this work has been entrusted to Sandeep Bakshi.
4. Kotak Mahindra Bank:
Kotak Mahindra got license as a bank in February 2003. But since 1985, this group was building its trust among the people along with its place in the field of finance service.
In 2015, Kotak Mahindra bought ING Vysya Bank. This bank has more than 2000 branches and around 2500 ATMs across the country.
It was founded by Uday Kotak who is the Managing Director and CEO of this bank.
5. Axis Bank:
The Managing Director of Axis Bank is Shikha Sharma and its director is Prasad Menon.
This bank was established in the year 1993 as UTI Bank. Its headquarter is in Ahmedabad. It has more than 3000 branches and more than 14,000 ATMs across the country.
In the year 2003, UTI Bank became the first bank in the country to introduce Travel Currency Card. For its online facility you can click here www.axisbank.com
6. IndusInd Bank:
With the privatization of banks, there was a flood of private banks in 1993-94.
The name of IndusInd Bank was also included in this.
This bank started with a capital of 100 crores in which 60% was raised by Indians living in the country and 40% was raised by Indians living in other countries.
In the year 2016, this bank has more than 2000 branches and more than 5000 ATMs. Romesh Sobti is the CEO of this bank.
Click here for its website http://www.indusind.com/
7. Yes Bank:
Yes Bank is currently the fourth largest private bank in the country. Its founder was Rana Kapoor and for the last two decades, its credibility is making its place among its consumers.
Investment banking offers many facilities like corporate retail banking. In the last financial year, the net profit of Yes Bank has increased by 24%.
At present it has more than 1000 branches and 1,800 ATMs across the country. Access its website from https://www.yesbank.in/
8. Bank of Baroda:
It is one of the oldest banks in the country. It was established in 1908 by Maharaja Sayaji Rao Gaekwad III.
Along with other 13 banks, this bank got the status of Nationalized Bank in the year 1969. Now there are more than 60 million customers in 25 countries.
Take advantage of its online services here: https://www.bobibanking.com/
9. Punjab National Bank:
Punjab National Bank was established in the year 1895. Its founder was Dayal Singh Majithia.
The initial board of directors consisted of people from all backgrounds of that era. Everyone had a basic objective to provide a genuine national bank to the country.
At present, this bank has more than 7000 branches and more than 10000 ATMs across the country. Access its website from: https://www.pnbindia.in/
10. Canara Bank:
It is one of the largest public sector banks in the country which are under the Government of India.
This oldest public sector bank of the country was established in 1910 and it was given the status of National Bank in 1969.
It has more than 7000 branches and more than 10000 ATMs across the country. https://canarabank.com