Top 10 Bank in India :Hi, Friends. Today I will be share much exciting information on the topic of the Top 10 Bank’s in India.
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India has a strong Banking and Financial sector, one of the most influential industries in India’s economy. A lot of significant reforms have happened post-independence.
It is mainly the reforms in the year 1991. A lot has changed long since then, and we are now moving towards incomplete digitization of the transactions. Banks have been relating to making this progress.
1. Corporation Bank
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Public sector banking company is headquartered in Mangalore. The bank has a pan-Indian presence. Presently, the bank has a network of around 2,432. Fully automated with the CBS branches, 3,040 ATMs, and 4,724 branchless banking units across the country.
The bank also has bagged the Best MSME Bank-Winner 2018 award during the 6th ASSOCHAM SMEs. The Excellence Award of the year 2018. It is instituted by The Associated Chambers of Commerce & Industry of India, also called ASSOCHAM, on October 24, 2018.
2. State Bank of India
It is the leading bank in India when it comes to the number of branches. ATM’s, Net profits, Total assets managed, etc. With an employee foundation of close to 3 lakh people on State Bank of India. It commands 20% of the Indian banking sector.
The Corporate Centre is in the Mumbai and a 14 Local Head Offices with 57 Zonal Offices. Located in essential cities that are spread throughout the country. The bank has over 17,000 branches with more than 27,000 ATMs.
The bank manages valuable things more than 390 billion in USD. State Bank of India is ranked 236th in the Fortune Global 500 list of the world’s most giant corporations of the year 2019. The Best Transaction Bank and Best Payment Bank in India Award for the year 2019.
3. HDFC Bank
HDFC has been ranked India’s No.1 Bank in the Forbes’ world’s Best Bank in the report. It has almost 88,253 permanent employees as of the year March 31, 2018.
It has a presence in out of countries like Bahrain, Hong Kong, and Dubai. India’s largest private sector, which lenders by the assets. HDFC is the largest bank in India. It is through the market capitalization in the year March 2020.
With the revenue of 1.17 lakh crores INR or Total assets with 11.89 lakh crores INR., the bank had a nationwide distribution of network 5,314 branches and 13,514 ATMs in 2,768 cities or towns.
4. ICICI Bank
ICICI bank is the second on the list of banks. When it comes to the number of assets that this bank manages. As of the year 2018, ICICI Bank is the second-largest bank in India. In terms of valuable things and market capitalization. It also a leading private sector bank in India.
The bank’s firm total assets stand at Rs.12.50 trillion on the year June 30, 2019. ICICI Bank recently has a network of 5,275 branches and around15,589 ATMs across India.
It provides a vast range of banking products and financial services to corporate and retail customers through various delivery channels: the group companies, more details on the ICICI Bank Personal Loan.
5. Bank of Baroda
Bank of Baroda is the fourth largest bank in India. It comes to managing valuable assets. According to market capitalization, the bank is priced. Served over 82 Million Customers across 22 Countries.
Branch Network of above 5500+. Bank of Baroda takes Winner’s award for the Most Customer-Centric Bank Using Technology at the IBA Banking Technology in the year 2019 Awards Function. Held at St. Reges, Mumbai.
6. Punjab National Bank
Punjab National Bank is third India and is India’s Multinational banking and financial services company. A bank is a state-owned corporation based in New Delhi, India.
Bank was founded in the year 1894. And as in the year of March 31, 2017 it has over 80 million customers, with 6,937 branches and also 10681 ATMs across 764 cities. This bank took IBA Banking Technology Awards in the year 2019
7. Canara Bank
The Canara Bank has about 3200 branches with over 4000 ATMs. The runner-up CIMSME award for the best MSME bank in the Large category is also a financially inclusive bank in the Large variety.
8. IDBI Bank
IDBI Bank has about 1150 branches with about 2000 ATMs. The bank has about 15000 people. Valuable assets worth 42 billion USD.
9. Axis Bank
It is 7th in the list of top bank’s of India and 3rd on private sector banks. It has 2225 branches, 12000+ ATMs, and 40200 employees and manages valuable assets worth 54 billion USD. The bank’s net profit is 1.5 billion USD.
Bank of India
The Bank’s of India has over 5000 branches in India. Located over all states or union territories that are specialized branches. Bank of India is a commercial bank with headquarters in the Bandra Kurla Complex, Mumbai. It is one of the top 5 banks in India.
So, these are the Top 10 Banks of India with their branches and estimated amounts.
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