8 Best Banks In India 2019: These Are The Best Banks in India

There are many banks in India but choosing the right one for your banking purpose can be tough. Banks like State Bank of India and Punjab National Bank are in the business for a very long time. But there are banks which have worked really well to gain the trust of the customers nowadays. Here’s a list of best banks in India.


8 Best Banks In India 2021: These Are The Best Banks in India

1. HDFC Bank – Best Bank in India

Best Bank in India - HDFC

Industry: Financial Services
Founded: 1994

HDFC stands for Housing Development Finance Corporation and has its headquarter in Mumbai, Maharashtra. It is India’s largest private sector lender by assets. HDFC Bank is the largest bank in India by market capitalization and turning out to be one of the most trustworthy banks in India.


2. State Bank of India – Best State Bank in India

Best Bank in India - SBI

Industry: Banking, Financial Services
Founded: 1956

State Bank of India (SBI) is an Indian multinational bank, owned by the government and its headquarters are in Mumbai, Maharashtra. Currently, the Bank has more than 24,000 branches and 59,000 ATMs. SBI has 198 offices in 37 countries; 301 correspondents in 72 countries. The company is ranked 232nd on the Fortune Global 500 list of the world’s biggest corporations as of 2016.


3. ICICI Bank – Largest Bank in India

Best Bank in India - ICICI

Industry: Banking, Financial Services
Founded: 1994

ICICI stands for Industrial Credit and Insurance Corporation of India and It was originally promoted in 1994 by ICICI limited. ICICI Bank is India’s largest private sector bank. Its headquarter is in Mumbai, Maharashtra with its registered office in Vadodara. The bank has a vast network of 4,850 branches and 14,404 ATMs in India. Moreover, it has a presence in 19 countries including India.


4. Punjab National Bank – Great State Owned Bank

Best Bank in India - Punjab National Bank

Industry: Banking, Financial Services
Founded: 1894

Punjab National Bank is a state-owned corporation based in New Delhi, India. As of 31 March 2017, the bank has over 6,937 branches, and 10681 ATMs across 764 cities. It has a banking subsidiary in the UK (PNB International Bank, with seven branches in the UK), as well as branches in Hong Kong, Kowloon, Dubai, and Kabul.


5. Yes Bank – Best Indian Private Bank

Best Bank in India - YES Bank

Industry: Banking, Financial Services
Founded: 2004

Yes Bank is India’s fifth largest private sector bank and it was founded by Rana Kapoor and Ashok Kapoor in 2004. It is the only Greenfield license bank awarded by the RBI in the last one decade. It is one of those banks, that is steadily evolving as the professionals’ bank of India. It has a long-term mission of Building the finest quality Bank of the World in India by 2020.


6. Axis Bank – Best Customer Service Bank

Best Bank in India - Axis Bank

Industry: Banking, Financial Services
Founded: 1993 as UTI Bank

Axis bank is the third largest of the private sector banks in India. The bank has its head office in Mumbai and has a registered office in Ahmedabad. It offers different types of savings accounts to its customers with attractive benefits and personalized services. It has 3304 branches, 14,003 ATMs, and nine international offices. Axis bank is quite flexible on the minimum balance requirements.


7. Kotak Mahindra Bank – Most Preferred Indian Bank

Best Bank in India - Kotak Mahindra Bank

Industry: Banking, Financial Services
Founded: 2003

Kotak Mahindra Bank is one of the most preferred banks in India. It is one of the very few banks to offer no-cost withdrawal of money from any Kotak Mahindra ATM. Moreover, the bank has a network of 1,369 branches across 689 locations and 2,163 ATMs in India.


8. IDBI Bank – Popular Nationalised Bank in India

Best Bank in India - IDBI Bank

Industry: Banking, Financial Services
Founded: 1964

IDBI Bank is one among the public-sector banks in India and is a nationalized bank to be treated as par with SEBI. It offers a wide range of products from savings and current bank accounts which is beneficial for farmers in getting Agricultural loans. The bank has about 1150 branches with about 2000 ATM’s. The bank employs about 15000 people. It manages assets worth 42 billion USD.

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