Which public sector bank is best in India?

Which public sector bank is best in India?

List of Top Banks in India 2020-21

  • Union Bank of India.
  • HDFC Bank.
  • ICICI Bank.
  • Kotak Bank.
  • Bank of Baroda.
  • Bank of India.
  • Axis Bank.
  • Canara Bank.

Which is the oldest bank?

Banca Monte Dei Paschi di Siena
Banca Monte Dei Paschi di Siena is the oldest surviving bank in the world. It was founded in 1472 in the Tuscan city of Siena, which at the time was a republic.

Who is the richest bank of India?

ICICI Bank is the largest private bank in India. The bank’s consolidated assets are worth Rs. 12.50 trillion as in 2019, making it the best bank in India in terms of growth.

Is Axis Bank a Government bank?

Axis Bank is the first private sector bank authorized by the Reserve Bank of India (RBI) and Government of India to collect taxes on behalf of the State Governments. Since 1 October 2003, Axis Bank has been able to handle all Central Government Business and State Government Business.

  1. State Bank of India. State Bank of India (SBI) is among the Fortune 500 companies.
  2. Punjab National Bank. Punjab National Bank (PNB) is a government-owned bank under the ownership of the Ministry of Finance.
  3. Union Bank of India.
  4. HDFC Bank.
  5. ICICI Bank.
  6. Kotak Bank.
  7. Bank of Baroda.
  8. Bank of India.

Which is the No 1 govt bank in India?

Public Sector/ Government Banks in India:

SNo Public Sector Bank Headquarters
1 Punjab National Bank ( Merged with Oriental Bank Of Commerce and United Bank Of India) New Delhi
2 Indian Bank( Merged with Allahabad Bank) Chennai
3 State Bank of India Mumbai
4 Canara Bank( Merged with Syndicate Bank) Bangalore

Which bank is best for banking in India?

DBS Bank
DBS Bank has taken the top position in a list of the best banks in India, This is DBS Bank’s second consecutive win out of 30 domestic and international banks operating in India. The list was compiled by Forbes in partnership with market research firm Statista.

Which is the second largest public sector bank in India?

Bank of Baroda
Bank of Baroda is the second largest bank in India that clocked the highest market capitalization worth Rs. 35,251.50 crores as on April 2019. With 9, 544 branches and 13,400 ATMs across India, the bank enjoys its fame by being the Best Bank in India.

Which is the largest public sector bank in India?

Corporation bank: Corporation Bank is a public-sector banking company headquartered in Mangalore, India. The bank has a pan-Indian presence. Presently, The bank has a pan-Indian presence. Presently, the bank has a network of 2,432 fully automated CBS branches, 3,040 ATMs, and 4,724 branchless banking units across the country.

Which is the best banking system in India?

India has a very strong financial system. You can judge the financial stability of the country based on the strength of its banks. The banking sector in India is an organised one. The Reserve Bank of India is at the helm of the affairs. You have different types of banks in India.

Which is the best public sector bank to join?

Bank of Baroda should top the list. It is one of the few leading public sector banks to build your career, since 11 other public sector banks are under RBI Prompt Corrective Action (meaning they will be placed under various restriction). -Views expressed in personal capacity.

How are public sector bank CEOs selected in India?

The selection process of these five gentlemen also marks a departure from the past. This is for the first time the so-called assessment centre exercises were conducted to select the CEOs of India’s public sector banks.