Top 10 largest banks in india

The 10 Largest Banks in India

The banking sector in India plays a crucial role in the country's economy, providing financial services and products to individuals, businesses, and the government. In this article, we will take a look at the 10 largest banks in India, ranked by their total assets.

  1. State Bank of India (SBI) – With total assets of over INR 33 trillion (around $450 billion), the State Bank of India is the largest bank in the country. It was founded in 1921 and is headquartered in Mumbai. SBI offers a wide range of banking and financial products and services, including savings and current accounts, loans, credit cards, and investment options.
  2. HDFC Bank – HDFC Bank is the second-largest bank in India, with total assets of INR 28 trillion (around $380 billion). It was founded in 1994 and is headquartered in Mumbai. The bank offers a range of banking products and services, including savings and current accounts, loans, credit cards, and investment options.
  3. ICICI Bank – ICICI Bank is the third-largest bank in India, with total assets of INR 25 trillion (around $340 billion). It was founded in 1994 and is headquartered in Mumbai. The bank offers a range of banking products and services, including savings and current accounts, loans, credit cards, and investment options.
  4. Punjab National Bank (PNB) – Punjab National Bank is the fourth-largest bank in India, with total assets of INR 18 trillion (around $240 billion). It was founded in 1894 and is headquartered in New Delhi. PNB offers a range of banking products and services, including savings and current accounts, loans, credit cards, and investment options.
  5. Bank of Baroda (BoB) – Bank of Baroda is the fifth-largest bank in India, with total assets of INR 16 trillion (around $220 billion). It was founded in 1908 and is headquartered in Vadodara. BoB offers a range of banking products and services, including savings and current accounts, loans, credit cards, and investment options.
  6. Canara Bank – Canara Bank is the sixth-largest bank in India, with total assets of INR 13 trillion (around $180 billion). It was founded in 1906 and is headquartered in Bengaluru. The bank offers a range of banking products and services, including savings and current accounts, loans, credit cards, and investment options.
  7. Bank of India (BoI) – Bank of India is the seventh-largest bank in India, with total assets of INR 12 trillion (around $160 billion). It was founded in 1906 and is headquartered in Mumbai. BoI offers a range of banking products and services, including savings and current accounts, loans, credit cards, and investment options.
  8. Union Bank of India (UBI) – Union Bank of India is the eighth-largest bank in India, with total assets of INR 11 trillion (around $150 billion). It was founded in 1919 and is headquartered in Mumbai. UBI offers a range of banking products and services, including savings and current accounts, loans, credit cards, and investment options.
  9. Indian Bank – Indian Bank is the ninth-largest bank in India, with total assets of INR 10 trillion (around $140 billion). It was founded in 1907 and is headquartered in Chennai. The bank offers a range of banking products and services, including savings and current accounts, loans, credit cards, and investment options.
  10. Central Bank of India (CBI) – Central Bank of India is the tenth-largest bank in India, with total assets of INR 9 trillion (around $120 billion). It was founded in 1911 and is headquartered in Mumbai. CBI offers a range of banking products and services, including savings and current accounts, loans, credit cards, and investment options.
  11. In conclusion, the 10 largest banks in India play a significant role in the country's economy, providing a range of financial products and services to individuals, businesses, and the government. From State Bank of India, the largest bank in the country, to Central Bank of India, the tenth-largest, these banks offer a variety of options for individuals looking to save, borrow, or invest their money.

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