TOP 10 BANKS IN INDIA
List Of Top 10 Banks Of India:
SBI is the oldest bank of India and also India's largest commercial bank. This government owned bank was established in the year 1806.It is also the second largest bank in the globe. The bank provides a wide array of banking products through their effective network not only on India but also overseas. The bank has about 16,000 branches and is also accountable for one-fifth of the loans of India. It has about 8500 ATMs across the nation.This is the second largest bank in India with about 1,419 branches and 4,644 ATMs spread countrywide. It is among the top commercial banks of India providing a wide range of banking services through varied delivery channels. Besides offering high-end banking facilities like Internet banking, Phone Banking and Mobile Banking, ICICI also plays a pivotal role in the domains of investment banking, venture capital and asset management and life and non-life insurance. It has its presence in 18 countries across the world including UK, Canada, Russia and others.
One of the top private banks in India, it was earlier known as the Unit Trust of India (UTI) since it was promoted by the same organization. It was first among the new private banks to have started its operations in the year 1994. AXIS has its significant presence in about 4509 districts of India with a wide network of over 729 branch offices and Extension Counters. With around 3171 ATMs, the bank provides round the clock banking convenience. This Indina bank has amassed a capital of more than Rs. 350 crores and enjoys equal sway over retail and corporate banking.
It is also among the top banks of India offering various banking services for the customers like Personal Banking, NRI Services, Net Banking, Online Remittances and others. The year 2008 has been very prosperous for HDFC as it won a host of awards for being the best retail bank and also the best among other Indian banks to adopt Information Technology. With a total income of more than Rs. 5,400 crores, it demands a significant position in Indian banking industry. The bank has about 1,500 branches and 2,890 ATMs in 530 Indian cities.
The first ATM provider of India, HSBC Bank is one of India's top banks with its operational base extending consitently. This commercial bank of India first started to function in 1853. It opens up ample banking services for the customers apart from cash management, financial planning and business banking facility. It has a provision of 150-in-branch and off-branch ATMs and phone banking for 24 hours.
Referred as the Central Bank of India, RBI is a premier bank of India having about 22 regional offices across the nation and most of the offices are in the capitals of the Indian states. RBI is fully owned by Government of India and it performs myriad range of services from supervising and regulating financial system to managing exchange control. Established in 1935, RBI remains the most prestigious entity playing the guardian of all commercial banks of India.
Has been in operation since 1895, PNB is a trusted name in the banking segment of India. It is among the few other public sector banks of India that runs special schemes for senior citizens, army personnel, students and women. Despite the recessive tendency in Indian economy, PNB has managed to eke out profit on a sustained manner.
This is one of the largest and oldest commercial banks in India. The bank has its office in about 27 states in India with 270 extension counters and 3,168 branches. Founded in the year 1911, this is India's first commercial bank that was completely managed and owned by Indians. With an average business of around 2,000 crore, Central Bank of India has a significant presence in India's financial orbit.
This PSU unit has convinced the customers that they are 'Good people to bank with'. More than 50% of share capital of Union Bank of India is held by Indian government. Around 27,000 employees work together to fulfill the bank's mission to reduce the gap between expectations and deliverables.
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