Top 5 Best Banks in India 2023

Top 5 banks in India 2023

For a developing country like India, these baking sectors plays an important role in helping the economy to move forward, Banks will offer loans for commercial purposes and also for agricultural purposes, and there are so many banks in that some of the banks got very high assets and high employability rate as well as their work branches, and as per RBI there are  public sector banks in that are Nationalized banks and the remaining 6  are belongs to state bank group and with this 2 private banks are also serve the nation and as recent year some banks has also merged into one bank.


The list of the banks are given below are as per number of branches, number of employees, assets and more..


1. HDFC Bank Limited

2. State Bank of India

3. ICICI Bank Limited

4. Axis Bank Limited

5. Kotak Mahindra Bank Limited




1. HDFC Bank Limited


Type of Company Private Company
Type of Industry Financial Service
Founded 1994
Head Quarters Mumbai - India
Products Banking Services
Assests ₹1,189,432 crore (US$170 billion) (2019)
Number of Branches 5314 Branches (2019)
Number of ATM's 13514 (Across India)
No. of Employees 104154 (2019)




2. State Bank of India


Type of Company Public sector Company
Type of Industry Banking, Financial Service



Founded
2 - June - 1806 - Bank of Calcutta

27 - Jan - 1921 - Imperial Bank of India

1 - July - 1995 - State Bank of India

2 - Jube - 1956 - Nationalisation
Head Quarters Mumbai - India
Products Banking, Finance, Insurance, Investing, Savings, Securities, Loans etc.
Assests ₹36.80914 trillion (US$520 billion) (2019)
Number of Branches 24000 Branches in India and 190 offices in 35 countries
Number of ATM's 59291 (Across India)
No. of Employees 257252




3. ICICI Bank Limited


Type of Company Private Company
Type of Industry Banking, Financial Service
Founded 1994
Head Quarters Mumbai - India
Products Banking, Finance, Insurance, Investing, Savings, Securities, Loans, Payment solutions etc.
Assests ₹1,007,068 crore (US$140 billion) (2019)
Number of Branches 5275 Branches in India
Number of ATM's 15589 (Across India)
No. of Employees 84922



4. Axis Bank Limited


Type of Company Private sector Company
Type of Industry Banking, Financial Service
Founded 1993
Head Quarters Mumbai - India
Products Banking, Finance, Insurance, Investing, Savings, Securities, Loans etc.
Assests ₹8.00997 trillion (US$110 billion) (2019)
Number of Branches 4050 Branches in India
Number of ATM's 11801 (Across India)
No. of Employees 72000




5. Kotak Mahindra Bank Limited


-

Type of Company Private sector Company
Type of Industry Banking, Financial Service
Founded 2003
Head Quarters Mumbai - India
Products Banking, Finance, Life Insurance, Investing, Savings, Securities, Loans etc.
Assests 31 billion US dollars (2019)
Number of Branches 1500 Branches in India
Number of ATM's 2352 (Across India)
No. of Employees 40000+





Note: These are the top 5 banks in India 2022 and here both Public and Private banks has combined and given ranking as per the assets, ATMs, number of employees and number of branches, and also some other banks also combined in Public sector banks as above mentioned.




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