Best Banks In India

It had 1679 atms at that time.

Best banks in india. Lets us have a look at the top 10 largest banks in india. Best banks in india banks and financial institutions are the heart of the economy and integral part of the economy. As of 21 april 2012 4187 branches which include the 52 branches that are outside india. The next name on the list of best banks of india in 2018 is that of punjab national bank which has asset management of 100 billion.

Also recently andhra bank and corporation bank merged into this bank taking the. It has a range of banking products in categories like consumer banking corporate banking mortgage loans investment banking etc. Of course the count is more now. India a developing country with a gdp of nearly 26 trillion and growing more then 7 a year.

Indias top 10 best bank list public sector banks are government owned banks more than 50 of the shares are owned by the government so these banks are fully held by the government. India has a strong banking and financial sector. In addition 45 foreign private sector banks which support the indian banking system. Union bank of india.

Among the best public sector banks in india union bank of india has been a steady performer over the years. Bank of india is an indian state owned bank which was founded in the year 1906. Additionally the bank has an extensive network in the country with more than 6937 branches and 10681 atms spread in all corners of india. D espite several challenges plaguing the banking sector hdfc bank has emerged as the best bank in india among the large banks with good asset quality high loan growth a healthy capital.

Here is the list of top ten best banks in india 2019. In the very recent jan dhan yojana people are encouraged to open bank accounts with zero balance thus promoting banking in the country. On the other hand private banks maximum shares belong to a private party so these type banks are called private banks.