Top 10 largest bank of India with Revenue

 

welcome to postintrend here listed top 10 largest bank of india, India is a country with a population of 125 Crore so that each country has its functions normally the country should have good economic planning. When it comes to economics, the bank is a place where most of the transaction takes place. Thus, an economic country like India surely depends on these banks. The number of banks in the course increasing day by day and even foreign countries are investing in India. There are local and foreign banks.

 

The banking sector has found great success in India, as there is a huge population. India is one of the largest economies in the world, has had banking facilities for a long time, only that the modernization of the banking took place recently. Several banks have been established, all governed by the Reserve Bank of India. In the very recent, Jan Dhan Yojana, people are encouraged to open bank accounts with Zero Balance, thus promoting banking in the country.

Largest Bank of India With Revenue

 

10. Union Bank of India

largest bank of india

  • This Bank was founded in 1919 and is one of the largest bank of India.
  • It is headquartered in Mumbai and has operations throughout the country with more than 36,000 employees0.
  • It also operates several overseas operational branches including offices in Abu Dhabi, the United Arab Emirates, Beijing, China, London and much more.
  • It has a network of more than 6,000 ATM centers in the country.
  • Its income for the year 2012 was estimated at about US $ 3.1 billion, with approximately 63% of the participation of the Government of India.

Revenue of US $3.1 billion Union Bank of India has on the 10th position on my list of Top 10 largest bank of india  with the largest revenue. 

9. IDBI Bank

largest bank of india

  • It was founded in 1964 and is based in Mumbai.
  • The current asset management of this bank is estimated at about $ 42 Billion dollars.
  • This Bank has around 1150 branches nationwide and employs more than 16,500 people for its operations.
  • The bank has installed around 2000 ATMs all over the country.
  • It is known for its products and services in the field of consumer banking, corporate banking, investment banking, finance and insurance, wealth management and agricultural loan facilities.

Revenue of US $42 Billion IDBI Bank has on the 9th position on my list of Top 10 largest bank of India  with the largest revenue. 

8.Bank of India

largest bank of india

  • The bank started in 1906 and has been serving since 110 years in India.
  • It is known for its excellent service and also clean transactions.
  • This bank currently has 4187 branches across the country and is also serving in foreign countries as well.
  • There are about 1700 ATMs for this bank from all other countries.

Revenue of US $42 Billion Bank of  India has on the 8th position on my list of Top 10 largest bank of india  with the largest revenue. 

7. AXIS Bank

largest bank of india

  • This bank was initially founded in 1993 and currently has its headquarters in Mumbai, India.
  • It is a private sector bank and its main interest groups are some prominent international companies.
  • Its products are Axis Bank started in 1994 and is known for its great service. This bank is known for its great service it has been providing for a long time.
  • The total assets of this company is about 54 Billion dollars.
  • This company has its ATM center around the country which is approximately 12,000.
  • The next bank to be included in this top 10 list is Axis Bank, a leading private bank that was established in 1994. T
  • his bank is acclaimed for excellence in services and has about 2225 branches and 12,000 ATMs in India And manages assets valued at $ 54 billion.

Revenue of US $54 Billion Axis Bank has on the 7th position on my list of Top 10 largest bank of india with the largest revenue. 

6. Canara Bank

largest bank of india

  • Bubba Rao is the founder of this bank and this bank was started in the year 1906.
  • Even now the bank is providing a great service for all its clients.
  • The total value of this bank’s assets is approximate $ 61 billion.
  • It has about 3200 branches across the country and also provides employment to about 44,000 workers.
  • This bank has about 4000 ATMs across the country.

Revenue of US $61 Billion Canara Bank has on the 6th position on my list of Top 10 largest bank of india with the largest revenue. 

5.HDFC Bank

largest bank of india

  • This bank is one of the best service providers for a long time.
  • This bank started in 1994, since then they are excellent at what they are doing.
  • The total assets of this bank are estimated at about $ 66.7 billion.
  • This Bank has around 3200 branches across the country and also has around 12,000 ATMs center.
  • This bank has been seen in India over 1400 cities.

Revenue of US $66.7 Billion Canara Bank has on the 5th position on my list of Top 10 largest bank of india with the largest revenue. 

4. Bank of Baroda

largest bank of india

  • This is one of the oldest banks in the country and has been providing excellent service and customer satisfaction throughout all these years and the bank was started in the year 1908.
  • The total assets of this bank are experts to be close to $ 73 billion.
  • There are around 4200 branches across the country and 2000 ATM centers have been established throughout.

Revenue of US $73 Billion Bank Of Baroda has the 4th position on my list of Top 10 largest bank of India with the largest revenue. 

3. Punjab National Bank

largest bank of india

  • Punjab national bank is having total assets of about $ 90.9 billion and is considered as one of the best banks in the country.
  • The bank has also established nearly 5800 branches nationwide and also has 6,000 ATMs nationwide. Therefore, it makes its way to the third top position.

Revenue of US $90.9 Billion Punjab National Bank has the 3rd position on my list of Top 10 largest bank of india with the largest revenue. 

2.ICICI Bank

largest bank of india

  • This bank is an international bank and is considered as one of the best banks in India.
  • The total assets of this bank are around $ 99 billion making it the second-highest in the top ten.
  • The Bank has around 3540 branches nationwide and also has around 11,000 ATMs across the country.

Revenue of US $99 Billion ICICI Bank has the 2nd position on my list of Top 10 largest bank of India with the largest revenue. 

1.State Bank of India

largest bank of india

  • This is one of the old banks started in 1955 and portions since then.
  • The bank has employed around 3 lakh people across the country.
  • The bank has about 27,000 saved. This bank has the highest amount of assets and its value is $ 390 billion. So, this is the first thing.

Revenue of US $390 Billion State Bank of  India has the 1st  position on my list of Top 10 largest bank of India with the largest revenue. 

 

Therefore, this was the top ten banks in India. There are many more banks in the country including local and foreign, but these are the ones that have the most income and transactions and those that offer great services to their clients.

To know more about Top 10 things and many more thinks stay tuned with PostInTrend.

 

One Response

  1. Pooja 20/06/2017

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