In India, private banks are crucial for offering financial services to many people. They’re at the forefront of banking innovation and customer service. This article focuses on one important question: which private bank is the largest in India? We’ll explore the top ten banks, looking at what makes them stand out and why they’re important in India’s banking world. Join us as we uncover these leaders in the financial sector!
Top 10 Largest Private banks in India
The top 10 largest private banks in India are given below as per market capitalization. The market cap data has been sourced from BSE India (as of July 05, 2024).
| Rank | Bank Name | Market Cap (Rs) |
|---|---|---|
| 1 | HDFC Bank | 12,52,753.42 |
| 2 | ICICI Bank | 8,64,923.46 |
| 3 | Axis Bank | 3,97,085.56 |
| 4 | Kotak Mahindra | 3,67,204.42 |
| 5 | IndusInd Bank | 1,11,482.27 |
| 6 | IDBI Bank | 90,890.06 |
| 7 | Yes Bank | 83,572.21 |
| 8 | IDFC First Bank | 57,420.81 |
| 9 | AU Small Finance Bank | 49,943.99 |
| 10 | Federal Bank | 45,593.27 |
| 11 | Bandhan Bank | 32,928.23 |
| 12 | Karur Vysya Bank | 16,186.79 |
| 13 | RBL Bank | 15,875.52 |
| 14 | City Union Bank | 12,587.72 |
| 15 | Jammu & Kashmir Bank | 12,360.77 |
| 16 | Karnataka Bank | 8,415.48 |
| 17 | Tamilnad Mercantile Bank | 7,584.24 |
| 18 | South Indian Bank | 7,081.96 |
| 19 | CSB Bank | 6,518.73 |
| 20 | DCB Bank | 4,291.03 |
| 21 | Dhanlaxmi Bank | 1,081.88 |
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