Top 10 Government Banks in India
The following is the list of government Banks in India:
- State Bank of India (SBI) – Market Cap: ~ Rs. 4.5 Lakh Crore
- Punjab National Bank (PNB) – Market Cap: ~ Rs. 0.3 Lakh Crore
- Bank of Baroda (BOB) – Market Cap: ~ Rs. 0.2 Lakh Crore
- Canara Bank – Market Cap: ~ Rs. 0.2 Lakh Crore
- Union Bank of India – Market Cap: ~ Rs. 0.2 Lakh Crore
- Bank of India (BOI) – Market Cap: ~ Rs. 0.1 Lakh Crore
- Indian Bank – Market Cap: ~ Rs. 0.1 Lakh Crore
- Central Bank of India – Market Cap: ~ Rs. 0.1 Lakh Crore
- Indian Overseas Bank (IOB) – Market Cap: ~ Rs. 0.1 Lakh Crore
- Bank of Maharashtra – Market Cap: ~ Rs. 0.1 Lakh Crore
Top 10 Banks In India: List of Banks
The Banking Industry is one of the major pillars of a country’s economy. Banks are crucial for economic growth and a healthy banking sector can make or break a country’s financial situation.
This article discusses the Top 10 Banks in the world’s largest democracy, India, and how these primary players in the banking sector have contributed to increasing the purchasing power capability and per capita income of the country.
These top 10 banks have a combined market share of more than 70 percent and with reforms in the banking sector, have made investing in Indian Banks profitable for the investors, making it one of the dominant sectors in the Asia-Pacific region.
Given below in this article is a list of the largest banks in India, that have greatly contributed to generating huge amount of job opportunities for different sectors in the country, and helped boost the country’s economy.
Let’s start.