Largest Top 10 Banks in India in 2021 (Updated)

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We will let you know about the Top 10 banks in India. Which bank will be best for you to invest money in, and know their history, Networth, Key persons, numbers of customers and many more. You can know here the best banks in India and their bank ranking in India. The bank where you can feel free or feel secure about your money after investment.

In India, there are many banks and it also provides very well services but in all of the banks which one is no 1 bank in India.

To know about the top ten banks in India kindly go through the below names given.

1. SBI – State Bank of India

SBI is one of the leading bank in india. SBI stands for State bank of India. This is a government bank or you can say a public sector bank and this is the best bank in India. As well SBI is known as one of the largest banks in India too. It provides services outside India as well. SBI was established in the year of 1955. The headquarter of SBI is situated in Mumbai.

It provides different services to its customers such as personal internet banking, corporate internet banking, merchant acquiring business.

SBI has a large no of customers all over India. People can use the YONO LITE application for Net banking. SBI Holds its position on the top 5 banks in India.

TYPEPublic
FOUNDED1st July 1955
KEY PERSONSri Rajnish Kumar
HEADQUARTERSMumbai, Maharastra
TAG LINEThe Banker to Every Indian
MERGEROn 15 February 2017, The Union Cabinet approved the merger of five Associate Banks with SBI and the merger went into effect from 1 April 2017.
IndustryBanking, Financial Services
Number of Customersover 45 crore customers (Updated 2021)
Area servedPan India
Productssavings account, Current account, credit cards, Debit cards, Home loan, mudra loan, Gold loan, Fixed Deposits and etc
Total Assets ₹4,845,619 crore (US$640 billion) (2021)
Number of Branches22,219 Branches
Number of ATMs62,617 ATMs across India
Number of EmployeesMore than 251000
Official Website State Bank Of India

2. PNBPunjab National Bank

PNB Stands for Punjab National Bank. This is a public sector bank and this is the 2nd leading bank. The headquarters of PNB is situated in New Delhi. This public sector bank is established in the year of 1895. It provides Net banking facilities on PNB ONE for 24*7.

It has started providing new facilities to their customer in that Bar Code facility. using this code you can update your passbook any of the PNB Bank easily you have no need to go to the same bank over and over. Also, PNB Hold ranks in the top 5 banks in India.

TYPEPublic Sector
FOUNDED1894
FOUNDER, Chairman (KEY PERSON)S.S.Malikarjuna Rao ( MD & CEO )
HEADQUARTERSNew Delhi, India
TAG LINEThe Name You Can Bank Upon
MERGEROriental Bank of Commerce and United Bank of India would be merged with Punjab National Bank and on 1 April 2020, the merger came into effect.
IndustryBanking & Financial Sector
Number of CustomersMore than 120 million customers
Area servedPan India
Productssavings account, Current account, credit cards, Debit cards, Home loan, mudra loan, Gold loan, Fixed Deposits and etc
Total Assets12.8 lakh crores INR or US$180 billion, 2021 (Updated)
Number of Branches12,300 branches
Number of ATMsMore than 14000 ATM’s across India
Number of Employees104000
Official Website Punjab National Bank

3. Bank Of Baroda

This one is a public sector bank established in 1908. It’s Headquarter situated in Baroda. It provides loan services, cards, and deposits.

It provides an ASBA facility in which you do not pay immediately for shares (IPO).

TYPEPublic Sector
FOUNDED1908
FOUNDER, Chairman (KEY PERSON)Hasmukh Adhia(Chairman), Sanjiv Chaddha (Md & CEO)
HEADQUARTERSVadodara, Gujrat, India
TAG LINEThe Name You Can Bank Upon
MERGERThe merger of Dena Bank and Vijaya Bank with the bank of Baroda and on 1 April 2019, the merger came into effect.
IndustryBanking & Financial Sector
Number of CustomersMore than 120 million customers
Area servedPan India
Productssavings account, Current account, credit cards, Debit cards, Home loan, mudra loan, Gold loan, Fixed Deposits and etc
Total Assets12.8 lakh crores INR or US$180 billion, 2021 (Updated)
Number of Branches9600 branches
Number of ATMsMore than 13500 ATM’s across India
Number of Employees86000
Official WebsiteBank Of Baroda

4. IDBI Bank – Industrial Development Bank of India Limited

IDBI was established in 1964. The main office is situated in Mumbai. it provides services like – internet banking, Paymate, FASTTag, etc. This is a commercial Bank.

The full form of IDBI Bank is Industrial Development Bank of India Limited.

TYPEPrivate Sector
FOUNDED01-Jul-64
FOUNDER, Chairman (KEY PERSON) Rakesh Sharma (MD & CEO), M. R. Kumar (Chairman)
HEADQUARTERSMumbai, Maharastra
TAG LINEBanking for All
MERGERThe merger of IDBI Ltd with United Western Bank. The merger came into effect on October 03, 2006. 
IndustryBanking & Financial Sector
Number of Customers110 Million Customers
Area servedPan India
Productssavings account, Current account, credit cards, Debit cards, Home loan, mudra loan, Gold loan, Fixed Deposits and etc
Total Assets3.01 lakh crores INR
US$42 billion, 2021 (Updated)
Number of Branches3100 branches
Number of ATMsMore than 13500 ATM’s across India
Number of Employees18000 As per 2019
Official Website  IDBI Bank

5. BOI – Bank Of India

leading bank

BOI stands for Bank Of India.  Morarji Desai is the founder of the bank of India.  This is a Public Sector bank established in 1906. Its main office is in Mumbai.  The name of BOI is also counted in top banks in India.  

TYPEPublic Sector
FOUNDED1906
FOUNDER, Chairman (KEY PERSON)Atanu Kumar Das (MD & CEO)
HEADQUARTERSMumbai, Maharastra
TAG LINERelationship Beyond Banking
MERGER NA
IndustryBanking & Financial Sector
Number of Customers110 Million Customers
Area servedPan India
Productssavings account, Current account, credit cards, Debit cards, Home loan, mudra loan, Gold loan, Fixed Deposits and etc
Total Assets7.26 lakh crores INR
US$100 billion, 2021 (Updated)
Number of Branches5200 branches
Number of ATMs5,551 ATMs across India
Number of Employees51,459 Peoples
Official Website  Bank Of India

6. ICICI Bank – Industrial Credit and Investment Corporation Of India

ICICI Stands for Industrial Credit and Investment Corporation Of India. This is established in 1994 as a Private Sector Bank. Its headquarter is situated in Mumbai. It provides Services as Retail Banking, Investment Banking, Credit Card, etc. It is also listed as the best bank in India.

TYPEPrivate Sector 
FOUNDED1994
FOUNDER, Chairman (KEY PERSON)Sandeep Bakshi (MD & CEO) Girish Chandra Chaturvedi (Chairman)
HEADQUARTERSMumbai, Maharastra
TAG LINEHum Hain Na Khayal Apka
MERGERIn October 2001, the Boards Of Directors of ICICI and Icici Bank Approved the merger of ICICI and two of its wholly-owned retail finance subsidiaries, ICICI Personal Financial Services Limited and ICICI Capital Service Limited, with ICICI Bank.
IndustryBanking & Financial Sector
Number of Customers18.5 million account approx 
Area servedPan India
Productssavings account, Current account, credit cards, Debit cards, Home loan, mudra loan, Gold loan, Fixed Deposits and etc
Total Assets15.74 lakh crores INR
US$220 billion, 2021 (Updated)
Number of Branches5,288 branches Approx
Number of ATMs 14,040 ATMs across India
Number of Employees97,354 (2020)
Official Website ICICI BANK

7. BANDHAN BANK

The founder of Bandhan bank is Chandra Shekhar Ghosh who established this bank in 2001 in Kolkata. It comes in the list of top ten banks in India. It Provides a locker facility as every bank provides. It started providing loans to the women by visiting their homes at their first stage. Nowadays it has opened many branches all over India.

TYPEPrivate
FOUNDED2001
FOUNDER, Chairman (KEY PERSON)Chandra sekhar Ghosh (MD)
HEADQUARTERSKolkata, India
TAG LINEAapka Bhala, Sabki Bhalai
MERGERBandhan bank merged with GRUH Finance on 17 October 2019.
IndustryBanking & Financial Sector
Number of Customers2.5 crore customers 2021
Area servedPan India
Productssavings account, Current account, credit cards, Debit cards, Home loan, mudra loan, Gold loan, Fixed Deposits and etc
Total Assets91,718 crores INR
US$13 billion, 2020 (Updated)
Number of Branches5,371 branches Approx
Number of ATMs 14,040 ATMs across India
Number of Employees 47,260 (2020)
Official Website Bandhan Bank

8. HDFC Bank – Housing development finance corporation

HDFC Bank, the largest bank in India, and India’s best bank as per customers review. HDFC Bank Full-Form is – Housing development finance corporation.

This private bank is established by Hasmukh Bhai Parek in 1994 in Mumbai.  It has 5,653 branches.

TYPEPrivate
FOUNDED1994
FOUNDER, Chairman (KEY PERSON)Aditya puri ( Managing Director)
HEADQUARTERSMumbai, Maharastra
TAG LINEWe understand your world
MERGERTimes Bank merged with HDFC Bank in February 2000. This was the first merger of two private banks in the New Generation private sector banks category.
IndustryBanking & Financial Sector
Number of Customersover 6. 18 crore 
Area servedPan India
Productssavings account, Current account, credit cards, Debit cards, Home loan, mudra loan, Gold loan, Fixed Deposits and etc
Total Assets17.47 lakh crores INR
US$240 billion, 2021 (Updated)
Number of Branches5,416 branches Approx
Number of ATMs16,291 ATM’s in 2,917 cities/towns across India
Number of Employees1,20,093 updated (2021)
Official WebsiteHDFC Bank

9. YES BANK

The Founder of yes bank is Rana Kapoor and the bank was established in 2004. This one is a private sector bank and it’s Headquarter situated in Mumbai.

TYPEPrivate
FOUNDED2004
FOUNDER, Chairman (KEY PERSON)Sunil Mehta(Chairman), Prashant Kumar (MD & CEO)
HEADQUARTERSMumbai, Maharastra
TAG LINEExperience Our Expertise
MERGERSBI, which holds about 49 percent stake in YES Bank, was joined by other private players like ICICI Bank, Kotak Mahindra Bank, HDFC, Read More
IndustryBanking & Financial Sector
Number of CustomersNA
Area servedPan India, USA, and China, Singapore and London, UK, DIFC Dubai.
Productssavings account, Current account, credit cards, Debit cards, Home loan, mudra loan, Gold loan, Corporate banking, Fixed Deposits and etc
Total Assets273,543 crore (US$36 billion) (2021) (Updated)
Number of Branches1000 Branches 
Number of ATMs1800 ATMs across India
Number of Employees22,375 Peoples (2021)
Official WebsiteYES Bank

10. AXIS BANK

This is a private sector bank and it is established in 1993 in Mumbai. MD and CEO of this bank are Amitabh Chaudhry. It provides great customer service to their customer.

The common part of all the top ten banks in India is that headquarter of all banks is situated in Mumbai except PNB, BANK OF BARODA, and BANDHAN BANK.

TYPEPrivate
FOUNDED1993
FOUNDER, Chairman (KEY PERSON)Amitabh Chowdhury ( MD & Ceo)
HEADQUARTERSMumbai, Maharastra
TAG LINEBadhti ka Naam Zindagi 
MERGERUTI Bank

The name of the country’s third-largest private sector lender UTI Bank has been officially changed to Axis Bank Ltd with effect from 30 July
IndustryBanking & Financial Sector
Number of Customersover 26 million 
Area servedPan India
Productssavings account, Current account, credit cards, Debit cards, Home loan, mudra loan, Gold loan, Corporate banking, Fixed Deposits and etc
Total Assets10.1 lakh crores INR
US$140 billion, 2021  (Updated)
Number of Branches4,594 domestic branches in India
Number of ATMs11,333 ATMs
Number of Employees78,300 Peoples (2021)
Official WebsiteAxis Bank

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