Top 10 Largest Banks India for 2018 For UPSC,IBPS,SSC,RBI,Railways

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Top 10 Largest Banks India for 2018 For UPSC,IBPS,SSC,RBI,Railways

Top 10 Largest Banks India for 2018 For UPSC,IBPS,SSC,RBI

Top 10 Largest Banks India for 2018 For UPSC,IBPS,SSC,RBI,Railways -Top 10 Largest Banks In India | India has a strong banking and financial sector and it is one of the most influential industry in India’s economy.

A lot of major reforms have happened post-independence and especially the reforms in 1991. A lot has changed since then and we are now moving towards complete digitization of transactions. Banks have been instrumental in making this progress.

Top 10 Largest Banks India

Top 10 Largest Banks India for 2018 For UPSC,IBPS,SSC,RBI,Railways

Top 10 Largest Banks India for 2018 For UPSC,IBPS,SSC,RBI,Railways

State bank Of India -1

  • Type: Public
  • Industry: Banking, Financial services
  • Founded: 2nd June 1806, Bank of Calcutta; 27th January 1921; Imperial Bank of India, 1st July 1955; State Bank of India, 2nd June 1956, nationalisation
  • Headquarters: Mumbai, Maharashtra, India
  • Area served: Worldwide
  • Key people: Arundhati Bhattacharya (Chairperson)
  • Products: Consumer banking, corporate banking, finance and insurance, investment banking, mortgage loans, private banking, private equity, savings, securities, asset management, wealth management, credit cards
  • Revenue Increase: ₹2.85 trillion (US$42 billion) (2016)
  • Profit Increase: ₹127 billion (US$1.9 billion) (2016)
  • Total assets: Decrease ₹30.72 trillion (US$460 billion) (2016)
  • Owner: Government of India
  • Number of employees: 293,469 (2016)
  • Website: sbi.co.in

HDFC Bank – Rank 2 -Top 10 Largest Banks India

  • Type: Public company
  • Industry: Financial services
  • Founded: 1994
  • Headquarters: Mumbai India
  • Area served: India
  • Products: Banking
  • Asset: USD 66.7 billion
  • Number of employees: 87,555 (31st March 2016)
  • Website: www.hdfcbank.com

ICICI Bank – Rank 3 

  • Type: Private Sector Bank
  • Industry: Banking, Financial services
  • Founded: 1994
  • Headquarters: Mumbai, Maharashtra, India
  • Area served: Worldwide
  • Key people: Mr M. K. Sharma (Chairman), Mrs Chanda Kochhar (MD & CEO)
  • Products: Credit cards, consumer banking, corporate banking, finance and insurance, investment banking, mortgage loans, private banking, wealth management, personal loans, payment solutions.
  • Revenue: US$10.3 billion (2016)
  • Operating income : US$3.6 billion (2016)
  • Profit: US$1.5 billion (2016)
  • Total assets: US$109.0 billion (2016)
  • Total equity: US$13.5 billion (2016)
  • Number of employees: 74,096 (2016)
  • Website: www.icicibank.com

Punjab National Bank – Rank 4 – Top 10 Largest Banks India

  • Type: Public
  • Industry: Banking, Financial services
  • Founded: 19 May 1894 – 122 years ago
  • Founder: people: Lala Lajpat Rai
  • Headquarters: New Delhi
  • Key people: Usha Ananthasubramanian (MD & CEO)
  • Products: Credit cards, consumer banking, corporate banking, finance and insurance, investment banking, mortgage loans, private banking, private equity, wealth management
  • Revenue Increase: ₹47,400 crore (US$7.0 billion)(2013)
  • Net income: Decrease ₹4,748 crore (US$710 million) (2013)
  • Total assets: ₹6,435 billion (US$96 billion) (2015)
  • Owner: Government of India
  • Number of employees: 62,392 (March 2013)
  • Website: www.pnbindia.in

Axis bank – Rank 5

  • Type: Private
  • Industry: Banking, Financial services
  • Founded: 1993(as UTI Bank)
  • Headquarters: Ahmedabad, Gujarat, India
  • Key people: Shikha Sharma (MD & CEO) Sanjiv Misra (Chairman)
  • Products: Credit cards, consumer banking, corporate banking, finance and insurance, investment banking, mortgage loans, private banking, private equity, wealth management
  • Revenue: ₹414.0925 billion (US$6.2 billion) (2016)
  • Net income: ₹83.5759 billion (US$1.2 billion) (2016)
  • Total assets: ₹5.25468 trillion (US$78 billion) (2016)
  • Total equity: ₹4.7657 billion (US$71 million)
  • Number of employees: 56,084 (March 2016)
  • Website: axisbank.com

Canara  bank – Rank 6

  • Type: Public
  • Industry: Banking, Financial services
  • Founded: Canara Bank Hindu Permanent Fund (1906; 111 years ago at Mangalore, India), Canara Bank Ltd (1910), Canara Bank (1969).
  • Headquarters: Bangalore, Karnataka, India
  • Key people: Shri T. N. Manoharan (Chairman), Shri Rakesh Sharma (MD & CEO)
  • Products: Investment Banking, Consumer Banking, Commercial Banking, Retail Banking, Private Banking, Asset Management, Pensions, Mortgages, Credit Cards
  • Revenue: ₹339 billion (US$5.0 billion) (2012)
  • Net income: ₹33.41 billion (US$500 million) (2012)
  • Total assets: ₹4.72 trillion (US$70 billion) (2015)
  • Owner: Government of India
  • Number of employees: 53,506 (2016)
  • Website: Canara Bank

Bank Of Baroda  – Rank 7

  • Type: Public
  • Industry: Banking, Financial services
  • Founded: 20 July 1908 – 108 years ago
  • Founder: Maharaja H. H. Sir Sayajirao Gaekwad III[1]
  • Headquarters: Vadodara, India
  • Area served: Worldwide
  • Key people: P. S. Jayakumar(CEO & MD), Ravi Venkatesan (Chairman), Bharat Dangar (Director)[2]
  • Products: Credit cards, consumer banking, corporate banking, finance and insurance, investment banking, mortgage loans, private banking, private equity, wealth management
  • Total assets: ₹6.714 trillion (US$100 billion) (2015)
  • Owner: Government of India
  • Website: www.bankofbaroda.com

Union bank Of India – Rank 8 – Top 10 Largest Banks India

  • Type: Public company
  • Industry: Financial services
  • Founded: 11 November 1919 – 97 years ago
  • Headquarters: Mumbai, India
  • Key people: Arun Tiwari (Chairman & MD)
  • Revenue: ₹211.44 billion (US$3.1 billion) (2012)
  • Net income: ₹17.87 billion (US$270 million) (2012)
  • Owner: Government of India
  • Number of employees: 36377(2015)
  • Website: www.unionbankofindia.co.in

IDBI Bank  – Rank 9

  • Type: Government-owned bank
  • Industry: Banking, Financial services
  • Predecessor: IDBI
  • Founded: July 1964; 52 years ago
  • Headquarters: Mumbai India
  • Key people: Mr. Kishor Kharat (MD & CEO)
  • Products: consumer banking, corporate banking, finance and insurance, investment banking, mortgage loans, private banking, private equity, wealth management, Agriculture Loan
  • Revenue Increase: ₹31,453.16 crore (US$4.7 billion) (2016)
  • Operating income: Increase ₹5,370.07 crore (US$800 million) (2016)
  • Net income: Decrease ₹3,664.80 crore (US$540 million) (2016)
  • Total assets: Increase ₹374,372.13 crore (US$56 billion) (2016)
  • Number of employees: 16,555 (March 2015)
  • Website: www.idbi.com

Bank Of India  – Rank 10

  • Type: Public
  • Industry: Financial services
  • Founded: 7 September 1906; 110 years ago
  • Headquarters: Mumbai, Maharashtra, India
  • Key people: Shri Melwyn Rego (MD & CEO)
  • Products: Commercial Banking, Retail Banking, Private Banking, Asset Management, Mortgages, Credit Cards
  • Revenue: ₹243,935.0 million (US$3.6 billion)
  • Operating income: ₹53,842.3 million (US$800 million)
  • Net income: ₹24,887.1 million (US$370 million)
  • Total assets: ₹6,469 billion (US$96 billion) (2015)
  • Website: www.bankofindia.com

By |2018-02-16T16:42:33+00:00February 16th, 2018|Banking, Current Affairs|

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