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This is a list of banks which are considered to be Scheduled Banks under the second schedule of RBI Act, 1934. [1] [2]At end-March 2024, India’s commercial banking sector consisted of 12 public sector banks (PSBs), 21 private sector banks (PVBs), 45 foreign banks (FBs), 12 SFBs, six PBs, 43 RRBs, and two LABs.
Banking 111,210 18% 11,255 Bangalore Yes 28 Bank of Baroda: Banking 110,778 26% 14,905 Vadodara: Yes 29 Axis Bank: Banking 106,155 23% 10,818 Mumbai Yes 30 HCL Technologies: Infotech 102,881 19% 14,851 Noida 31 Punjab National Bank: Banking 99,374 12% 3,348 New Delhi Yes 32 Union Bank of India: Banking 97,079 19% 8,512 Mumbai Yes 33 Wipro ...
Many of the largest banks in the world are part of larger bank holding companies. This structure allows them to offer various financial services, making them more resilient and competitive in the global market. GlobalData and Forbes India maintain their own lists of the top ten largest banks in the world ranked by their market capitalization ...
In 1960, the State Banks of India was given control of eight state-associated banks under the State Bank of India (Subsidiary Banks) Act, 1959. However the merger of these associated banks with SBI went into effect on 1 April 2017. In 1969, the Government of India nationalised 14 major private banks; one of the big banks was Bank of India.
The following is a list of the world's largest publicly traded financial services companies, ordered by annual sales for the latest Fiscal Year that ended March 31, 2018 or prior (all public companies with sales of $20 billion or more are included, while privately held companies are not included).
Public Sector Undertakings (Banks) are a major type of government-owned banks in India, where a majority stake (i.e., more than 50%) is held by the Ministry of Finance (India) of the Government of India or State Ministry of Finance of various State Governments of India. The shares of these government-owned-banks are listed on stock exchanges.
All India Financial Institutions (AIFI) is a group composed of financial regulatory bodies that play a pivotal role in the financial markets.Also known as "financial instruments", the financial institutions assist in the proper allocation of resources, sourcing from businesses that have a surplus and distributing to others who have deficits - this also assists with ensuring the continued ...
HDFC Bank Banking 11.29 4 ICICI Bank Banking 6.54 5 Hindustan Unilever (HUL) Consumer Goods 5.81 6 Infosys Information Technology 5.70 7 ITC Consumer Goods 5.43 8 Bharti Airtel Telecommunications 5.25 9 State Bank of India (SBI) Banking 5.18 10 Bajaj Finance Financial Services 4.46
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