Top 10 Banks in India as per Mcap

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