Top 10 Banks in India

Top 10 Banks in India

You need a bank you can trust with your money. There have been times where banks have abused their power and have done unethical business. So who do you trust these days? You don’t want the stress of potentially losing your money.

You need a professional bank that cares for you. Based on facts and reputation, any of these top 10 banks in India deserve your trust.

Union Bank of India

The bank was founded in 1919 and its one of India’s largest government owned banks. It’s situated in Mumbai, one of India’s busiest cities. It has an estimated revenue of over a billion US dollars.

There are over 36 000 employees. They aren’t only situated in the Mumbai headquarters. The employees are stationed in offices across:

  • Aby Dhabi
  • UAE
  • Beijing
  • China
  • London

No matter where you are, the different locations make it easy for you to visit the bank.


This bank was founded in 1964 and is also located in Mumbai. There are 1150 branches throughout the country and it has over 16 500 employees.

IDBI bank’s different services include:

  • Consumer banking
  • Corporate banking
  • Investment banking
  • Finance and insurance
  • Wealth management
  • Agricultural loan facilities

The total assets of this bank is estimated at $42 Billion.

With such an excellent track record, you can trust them too.

Bank of India

The Bank of India is one of the oldest because it began operations in 1906. It still provides the best services and policies enjoyed by its customers.

The bank has 4187 branches all over the country. India isn’t the only place to enjoy the great customer service because it serves in other countries too such as:

  • Botswana
  • France
  • Hong Kong
  • Japan
  • Kenya
  • New Zealand
  • Singapore
  • United stated
  • Tanzania
  • The United Kingdom
  • Uganda
  • South Africa
  • Vietnam

No matter where you are in the world you can have access to this level of service.

Axis Bank

The youngest bank within the top 10, it began operations in 1993 and is situated in Mumbai. There are 2225 Axis bank branches.

Axis Bank is a private sector bank where its major stakeholders are prominent international companies.

Many people invest in this bank because of its great customer services. This results in people believing their money is safe.

The total assets of this bank are approximately $54 billion.

Canara Bank

Since 1906 Canara Bank has never stopped delivering the best services many enjoy. The $61 billion total worth is a clear indication many feel safe to invest their money here.

There are 3200 branches tallying an employment count of 44000.


Since 1994customers have received best practices from HDFC. Although the bank is fairly young it has an impressive asset total reaching $66 million.

There are 3200 branches all over the country and its spotted in over 1400 cities.

This bank offers you all the important services consumers need:

  • Personal loans
  • Credit cards
  • Car loans
  • Insurance
  • Forex exchange
  • Saving accounts

What do you need them for?

Bank of Baroda

The bank was established in the year 1908. It has an impressive total asset amount of $73 billion. There are 4200 branches located around the country.

Bank of Baroda is a bank for the public and private sector. The bank also offers services to SMEs to help them reach their business’ goals.

Other places where you might see this bank include:

  • Australia
  • Belgium
  • Hong king
  • Seychelles
  • China
  • Singapore
  • The United Arab Emirates
  • UK
  • Fiji Islands
  • South Africa
  • The UnitedStates of America

Punjab National Bank

It’s one of India’s most famous banks and has a total assets amount of $90 billion. There are 5800 branches all over the country.

Punjab National Bank opened its doors in 1894 making it one of India’s oldest banks. For over 100 years the bank has been the solution to many consumer and business needs.

The bank offers services to both the public and private sector.

However it’s not only the service that makes the bank popular in the country. Punjab National Bank focuses greatly on their corporate social responsibility and sports activities. The aim of these two activities is to help the needy.

The bank cares about its people and community & translates this into its vision & missions.


This is an international bank and considered one of the best in India. The total assets amount to $99 billion.

It’s not only Indians who invest in the bank but international citizens too. The bank has a phenomenal interest rate making it an easy pick for you to invest your money.

Although there are 3540 branches to visit you can just as easily bank online.

Wouldn’t ease of banking be a need when picking a bank?

State Bank of India

This bank has the highest assets total at $390 billion. This is what makes them the best bank for households and corporates.

It offers the best service and interest rates which help make your money grow. You can also bank online.

State of India Bank’s employeeshelp you efficiently with all your banking needs.

You don’t need to keep your money under the mattress out of fear banks will use it for personal gain. Pick a bank from this list. Be assured your new bank is professional and cares for you and your money. 


Finding a bank is a tough task. It must be a place where you trust your money is safe. There are so many banks to pick from in India that it’s not always easy knowing who has the best services.

Your search can be reduced when you take a look of these top 10 banks in India. They collectively have the highest number of customers who are happy to bank with them.

These banks are also top rated based on their customer service and how far they go to ensure their clients are always happy.

There are plenty of banks in India, but these 10 have the most transactions. It comes as no surprise they have the highest revenues reaching billions of US dollars.

Will you be a part of this community too?

Anjali K.
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