The banking sector plays a crucial role in the growth and development of any economy. In India, the banking sector has significantly evolved over the past decade, with a tech-savvy population and a booming economy. Let’s have a look at the Top 10 Banks in India as per Mcap.
Top 10 Banks in India as per Mcap (as on 07.01.2025)
| Rank & Bank | Type | Market Cap (Rs Lakh Crore) |
|---|---|---|
| HDFC Bank | Private | 13.11 |
| ICICI Bank | Private | 9.05 |
| SBI | Public | 6.95 |
| Kotak Mahindra Bank | Private | 3.55 |
| Axis Bank | Private | 3.30 |
| Bank of Baroda | Public | 1.20 |
| Punjab National Bank | Public | 1.19 |
| Indian Overseas Bank | Public | 0.97 |
| Canara Bank | Public | 0.89 |
| Union Bank of India | Public | 0.87 |
