Top 10 banks in India (2024)

May 16, 2023, 12:51 PM IST

Bhawna Gupta

Image: Pixabay & official websites

Bhawna Gupta

Here is a list of top 10 Indian banks as per their market capitalisation as on May 16 2023.

It is one of the largest banks in India in terms of assets and market capitalisation.

ICICI Bank (6.65 lakh crore)

It is one of the leading private-sector banks in the country.

State Bank of India (5.23 lakh crore)

With a 23% market share by assets, the SBI is the largest public sector bank in the nation.

Kotak Mahindra Bank (3.90 lakh crore)

The Kotak Mahindra Bank is one of the leading players in the banking sector of India and is headquartered in Mumbai.

Axis Bank (2.82 lakh crore)

It is the fifth largest private sector bank in India in terms of market capitalisation.

Bank of Baroda (95.5K crore)

One of the nation's top participants in the banking industry is Bank of Baroda. BoB had the highest market capitalisation in April 2019 with Rs 35,251.50 crore.

IndusInd Bank (94.58K crore)

Private lender IndusInd was founded in 1994 and is headquartered in Mumbai.

Punjab National Bank (54.5K crore)

It is the second-largest public sector bank in India.

Yes Bank (45.6K crore)

Mumbai-headquartered Yes Bank was founded by Rana Kapoor and Ashok Kapoor in 2004.

Bank of India (32.1K crore)

Bank of India is one of the largest public sector banks in India.

Top 10 banks in India (2024)
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