Let's have a look at the top 10 banks in India as of August 2024. We have compiled the data as of 1st August 2024 and ranking has been done as per market capitalization of banks. Latest data is also given below this table. Top 10 banks in India as of 1st August 2024 RankBankMarket Cap (Rs Lakh Crore)1HDFC Bank12.542ICICI Bank8.503SBI7.694Axis Bank3.625Kotak Mahindra3.566Punjab National Bank1.357Bank of Baroda1.298Indian Overseas Bank1.259IndusInd Bank1.1010Union Bank of India1.03 Mcap of PSU Banks as of 9th August 2024 Company NameMarket Cap (Rs. cr)SBI735,566.56Bank of Baroda127,112.08PNB126,846.90IOB116,571.18Canara Bank100,321.40Union Bank93,855.18Indian Bank77,612.06UCO Bank61,728.61Bank of India54,176.75Central Bank of India51,877.29Bank of Maharashtra43,847.87Punjab & Sind Bank41,059.83