India is in the category at present as a developing nation. The banking sector is so weak currently in India that you can trust only few banks in India. But it’s not required for you to close your accounts from your current banks and move on to these banks. This is so because it’s not that risky at present for you to be afraid of. Yet, it’s up to you to be better safe than worrying afterwards or in loss anytime in few years. You still have loads of time to switch from current banks to these top 6 banks.
Check out Top 6 Banks in India
Unfortunately India’s economy is worse at present and banking sector plays a key role for boosting up the economy. So, it’s better to be cautious. Let’s know more…
Banks in India That You Can Trust
HDFC Bank Ltd. # 1
HDFC has a market capitalization of Rs. 6,25,666.08 crores in April 2019. The Bank is Headquartered in Mumbai. The full form is Housing Development Finance Corporation Ltd. It’s a largest private sector bank in India. What’s next?
State Bank of India # 2
The State Bank of India or SBI has a market capitalization of Rs. 2,93,218.11 crores. SBI is one of the largest public sector banks in India. State Bank of India is also headquartered in Mumbai. Mumbai is the financial capital of India. What’s next?
ICICI Bank Ltd # 3
ICICI refers to the Industrial Credit and Investment Corporation of India. This Bank is most popularly called as ICICI Bank. It has a market capitalization of Rs. 2,56,205.53. What’s next?
Kotak Mahindra Bank Ltd. # 4
Kotak Mahindra Bank has a market capitalization of Rs. 2,55,537.49 crores. This bank was established in the year 2003. The bank currently is the third largest private sector banks in India. The bank generated a revenue of Rs. 28,547.24 crores in the year 2019. What’s next?
Axis Bank Ltd. # 5
Market capitalization of Axis Bank is Rs. 1,97,360.89 crores. Axis Banks in India is fourth in the largest private sector banks in India. The bank had registered a revenue of Rs. 68,116 crores in the year 2019. Current position is not that good. What’s next?
IndusInd Bank Ltd. # 6
The Bank is a leading new generation private bank of India. The IndusInd Bank has a market capitalization of Rs. 1,07,064.08 crores. Established in the year 1994. This bank is also headquartered in Mumbai. The bank boosted the economy with a revenue of Rs. 18,577 crores in the year 2019. Today it was learned that the bank has potential but cannot go up from its sixth position. That’s it.
