We are going to talk today About top 10 private banks in India. Private sector bank is developing very fast all over India today. It is easy to define a private bank, The main objective of most private sector banks is to meet the most suitable option people who invest more in their banks. The Owner of Private Sector Bank is a private lender, and a Private bank is operated by private promoters. Private sector banks offer more profitable facilities than our national counterparts in our country.
We prefer the Indian private sector banks because India’s population is so big that the number of banks in India is also very high, but people choose the same banks that give them good facilities and save their time.because of this, we like private sector banks Because private banks give all the facilities to their customers so that they can save both their time and money. Let’s see
Top 10 Private Banks in India.
RBL Bank is one of India’s oldest private sector banks. Today this bank is making its hold in India fast. More than 2 million customers in India are using the facility of RBL Bank.The main business of this bank is banking and financial services. The headquarters of this bank is located in Mumbai city of India. Today, there are 201 branches of this bank and approximately 373 ATMs are available.
|Total assets||292 crore(2016)|
9.Karur Vysya Bank
Karur Vysya is also known as KVB name among peoples bank people. This bank was established on July 25, 1916, by Shri Venkataram Chettar and Shri Athali Krishna Chettiar.This is also one of the old private sector banks of India.The headquarters of this bank is located in the Indian city of Tamilnadu according to December 29, 2017, there are 775 branches and 1,780 ATMs available in this bank. According to the year 2016, the total number of people working in this bank was 7,211
|Total assets||57,663.72 crore2016)|
|headquarters||Tamil Nadu, India|
J & K Bank was the first bank in the country to come out as a state-owned bank. This bank was established on 1 October 1938 This bank is a type of semi Government Bank The headquarters of this bank is located in the city of Srinagar, Jammu, and Kashmir of India. According to 17 August 2017, this bank has 865 branches and 1126 ATMs across the country.
|Founded||1 October 1938|
|Total assets||420 billion(2016)|
|headquarters||Jammu and Kashmir, India|
Federal Bank is making its hold in India very fast. Federal Bank is a major private sector commercial bank The main business of this bank is banking and allied industries.The bank was founded in 1931 in Neda Puram, Tiruvalla. But this bank had shifted its headquarter in 1945 to Kochi. Today, this bank has 1252 branches, 1680 ATMs and 212 CDMs (Cash Deposit Machine), all over the country. At present, this bank offers facilities like insurance and NRI banking, corporate banking, loans etc. to its customers.
|headquarters||Aluva, Kochi, Kerala, India|
the lnduslnd bank is a type of scheduled bank. The main business of this bank is banking and financial services. The headquarters of this bank is located in Mumbai city of India. The current Chairman of this bank is R.Seshasayee ji, June 30, 2016, 1,004 branches and 1885 ATMs of this bank are spread across the country. The maximum number of branches of this bank is available in Mumbai city of our country
|Bank type||Scheduled Bank|
|Total assets||US$15.7 billion(2015)|
Read this Top 10 Best Banks In India
Yes Bank is also a fast growing bank in India’s private sector bank. Yes bank is India’s fifth largest private sector bank. The main business of this is a banking and financial services This bank has more than 500 branches in 400 cities.This bank gives its customers the facility of commercial banking, investment banking, corporate and institutional banking
|Total assets||91,000 crore (2015)|
4.Kotak Mahindra Bank
Kotak Mahindra Bank is today the fastest growing bank in India.In 2003, RBI gave license to Kotak Mahindra Bank to come to banking business. And today it is the fourth largest private sector bank in India.The headquarters of this bank is in Mumbai city of India. This bank has a total of 1369 branches and 2163 ATMs,
|Bank type||Private sector Bank|
|Total assets||US$15.8 billion(2015)|
Axis Bank is also included in the list of Top 10 Best Private Banks in India. Axis Bank is the third largest bank in India’s private sector. Which offers a wide range of financial products.Today Axis Bank has approximately 14000 atms and has 3304 branches. The headquarters of this bank is in Mumbai city of India. According to the year 2016, the total number of employees in this bank is 56,086
|Bank type||Private-sector bank|
|Founded||1993(as UTI Bank)|
|Total assets||6.01467 trillion|
. ICICI Bank falls 2 places in India’s top 10 list
Today ICICI bank is India’s third largest bank in terms of its assets.ICICI bank has a total of 4,850 branches and about 14,404 ATMs. At present, this bank gives its customers the convenience of privilege banking, NRI accounts, credit cards, insurance, loans etc. The headquarters of this bank is in Mumbai city of India
|Total assets||737,546.29 crore (2017)|
|CEO||Mrs. Chanda Kochhar|
HDFC Bank comes in 3rd place in India’s top 10 list of banks. At present, HDFC Bank is India’s largest private sector lender through its assets in India.This bank was established in 1994, HDFC Bank is a private sector.Today the bank has 4715 branches across India and about 12260 ATMs. The headquarter of this bank is in Mumbai city of India. The total number of employees in this bank is 84,325 according to the year 2017
|Total assets||863,840 crore(2017)|