Here is the latest list of the largest banks in India. These banks are big players in the industry, with a significant presence and a wide range of services. They handle a large number of transactions and serve millions of customers across the country.
Staying updated on these top 10 banks is important for those interested in banking and finance. Whether you are a customer, investor, or simply curious about the industry, this list provides valuable insights into India’s banking sector.
These banks have a strong reputation, extensive branch networks, and advanced digital platforms to meet the diverse needs of their customers. They are trusted by individuals, businesses, and government entities for their financial services.
Top 10 Indian banks (in terms of market capitalisation)
| Rank | Bank | Mcap ( ₹crore) |
| 1 | HDFC Bank (post merger) | 14,12,055.5 |
| 2 | ICICI Bank Ltd | 6,53,704.04 |
| 3 | State Bank of India | 5,11,201.77 |
| 4 | Kotak Mahindra Bank Ltd | 3,66,967.55 |
| 5 | Axis Bank Ltd | 304211.88 |
| 6 | Indusind Bank Ltd | 106707.03 |
| 7 | Bank of Baroda | 98436.88 |
| 8 | IDBI Bank Ltd | 59482.29 |
| 9 | Punjab National Bank | 56882.91 |
| 10 | Canara Bank | 54750.45 |
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