With the growing population in India, banks have also emerged with various facilities for their account holder to make their customer happy with the services they provide. Each and every bank has there a unique way of attracting customers some providing zero Maintenance charges, Airport lounge facility, Discount of Shopping, net banking, and in addition to attractive interest rate to the customers.
while there are more than 100s of banks in the market, who provide all the most the same features it difficult to choose the best bank for your banking activity, but we have identified the top 5 Trusted banks who are pioneers in the banking field in today’s era, Those are:
- HDFC BANK
- SBI BANK
- AXIS BANK
- ICICI BANK
- Kotak Mahindra Bank, IndusInd Bank.
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HDFC BANK:
Hdfc stands for Housing Development Finance Corporation, It is one of the top 5 trusted banks in India, HDFC Bank Limited is an Indian financial and banking services company based in Mumbai, Maharastra. With more than Rs 11 lakh crore market capitalization, The assets hold of the bank is the fifth of the largest banks in the country.
It holds a 105000+ permanent employee as of June 2019.HDFC Bank is India’s largest private sector bank and also holds the record of highest market capitalization as of March 2020.
HDFC BANK was established in the year 1994,
Founder: MR.Hasmukhbhai Parekh
CEO: Sashidhar jagdishan
HDFC Bank is into the stock market costing 1,578.25 per share as of 3 Feb, 3:30 pm IST – Disclaimer. -
SBI BANK:
Being Government-owned with more than 1000+ branches all around India state bank has been gaining the trust of the customer since 1955.
State Bank of India is an Indian multinational, public sector banking and financial services statutory body headquartered in Mumbai, Maharashtra.
It is ranked as the 43rd largest bank in the world and it is one among the Fortune Global 500 companies holding a position at 221st rank in the list of the world’s biggest corporations of 2020. It is the largest bank in India with a 23% market share and 25% of assets.
SBI was founded in the year 1955 and has more than 250,000+ employees as of 31 March 2020,
chairperson: Dinesh Kumar Khara
Stock price: SBIN (NSE) ₹335.75 +2.65 (+0.80%)
3 Feb, 3:30 pm IST – Disclaimer -
AXIS BANK:
Axis Bank Limited is an Indian private sector bank, It is the third-largest bank in the private banking sector in India.
The bank gained trust and created a level of confidence in their customer by providing outstanding services.
It has international branches in Singapore, Hong Kong, Dubai, Shanghai, Colombo, and representative offices in Dhaka, Dubai, Sharjah, and Abu Dhabi. Financial services to the customers like CASA, Investments, Fixed deposits, Credit Cards, Loans, Mutual funds, Insurance, and more.
They even provide services like Internet banking services, automated teller machines (ATM) services, depository, financial advisory services, and Non-resident Indian (NRI) services. Axis bank has a separate brand image for customer service and maintaining customer relationships.Headquarter: Mumbai, Maharashtra.
Stock price: AXISBANK (NSE) ₹731.30 +17.10 (+2.39%)
3 Feb, 3:30 pm IST – DisclaimerCEO: Amitabh Chaudhry (1 Jan 2019–)Founded: 1993, Ahmedabad
Revenue: 80,057.67 crores INR (US$11 billion, 2020) -
ICICI BANK:
ICICI Bank Ltd (Industrial Credit and Investment Corporation of India) is an Indian multinational banking and financial services company.
It holds the position of the 4th biggest bank in India, providing services and gaining the trust of its customer since 1994.
They are specialized in the areas of investment banking, life, non-life insurance, venture capital, and asset management.
As a result, ICICI bank has not only a wide range network of 5,275 branches but also 15,589 ATMs across India and is present in more than 17+ countries.CEO: Sandeep Bakhshi (15 Oct 2018–)Headquarters: MumbaiFounder: Industrial Credit and Investment Corporation of IndiaFounded: June 1994, Vadodara
Revenue: 1,300 crores USD -
Kotak Mahindra Bank, IndusInd Bank:
Kotak Mahindra Bank, IndusInd Bank ranks fourth to seventh in the bank market capitalization list,
Its also an Indian private sector bank it provides it with a wide range of personal finance, investment banking,
life insurance, and wealth management.
In 2015, Kotak Bank acquired ING Vysya Bank at ₹150 billion.
Bank had 40,000+ employees, and 1,261 branches 7% share in Kotak Mahindra Bank is owned by ING Vysya Bank.CEO: Uday Kotak (1 May 2018–)Headquarters: MumbaiFounder: Uday KotakFounded: February 2003
Conclusion:
In brief, the above-provided list consists of the top 5 trusted banks in India, although they have had their various ups and downs in the past they still tend to provide the best services in the market compared to all the other banks.
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