TOP BANKS OF INDIA

1. State Bank Of India

Type: Public
Industry: Banking, Financial services
Founded: 2nd June 1806, Bank of Calcutta; 27th January 1921; Imperial Bank of
India, 1st July 1955; State Bank of India, 2nd June 1956, nationalisation
Headquarters: Mumbai, Maharashtra, India
Area served: Worldwide
Key people: Arundhati Bhattacharya (Chairperson)
Products: Consumer banking, corporate banking, finance and insurance,
investment banking, mortgage loans, private banking, private equity, savi ngs,
securities, asset management, wealth management, credit cards
Revenue Increase: ₹2.85 trillion (US$42 billion) (2016)
Profit Increase: ₹127 billion (US$1.9 billion) (2016)
Total assets: Decrease ₹30.72 trillion (US$460 billion) (2016)
Owner: Government of India
Number of employees: 293,469 (2016)
Website: sbi.co.in

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2. HDFC Bank

Type: Private company

Industry: Financial services
Founded: 1994
Headquarters: Mumbai India
Area served: India
Products: Banking
Asset: USD 66.7 billion
Number of employees: 87,555 (31st March 2016)
Website: www.hdfcbank.com

3. ICICI Bank
Type: Private Sector Bank
Industry: Banking, Financial services
Founded: 1994
Headquarters: Mumbai, Maharashtra, India
Area served: Worldwide
Key people: Mr M. K. Sharma (Chairman), Mrs Chanda Kochhar (MD & CEO)
Products: Credit cards, consumer banking, corporate banking, finance and
insurance, investment banking, mortgage loans, private banking, wealth
management, personal loans, payment solutions.
Revenue: US$10.3 billion (2016)
Operating income : US$3.6 billion (2016)
Profit: US$1.5 billion (2016)
Total assets: US$109.0 billion (2016)
Total equity: US$13.5 billion (2016)
Number of employees: 74,096 (2016)
Website: www.icicibank.com

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4. Punjab National Bank

Type: Public
Industry: Banking, Financial services
Founded: 19 May 1894 – 122 years ago
Founder: people: Lala Lajpat Rai
Headquarters: New Delhi
Key people: Usha Ananthasubramanian (MD & CEO)
Products: Credit cards, consumer banking, corporate banking, finance and
insurance, investment banking, mortgage loans, private banking, private equity,
wealth management
Revenue Increase: ₹47,400 crore (US$7.0 billion)(2013)
Net income: Decrease ₹4,748 crore (US$710 million) (2013)
Total assets: ₹6,435 billion (US$96 billion) (2015)
Owner: Government of India
Number of employees: 62,392 (March 2013)
Website: www.pnbindia.in

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5. Axis Bank
Type: Private
Industry: Banking, Financial services
Founded: 1993(as UTI Bank)
Headquarters: Ahmedabad, Gujarat, India
Key people: Shikha Sharma (MD & CEO) Sanjiv Misra (Chairman)
Products: Credit cards, consumer banking, corporate banking, finance and
insurance, investment banking, mortgage loans, private banking, private equity,
wealth management
Revenue: ₹414.0925 billion (US$6.2 billion) (2016)
Net income: ₹83.5759 billion (US$1.2 billion) (2016 )
Total assets: ₹5.25468 trillion (US$78 billion) (2016)
Total equity: ₹4.7657 billion (US$71 million)
Number of employees: 56,084 (March 2016)
Website: axisbank.com

6. Canara Bank
Type: Public
Industry: Banking, Financial services
Founded: Canara Bank Hindu Permanent Fund (1906; 111 years ago at Mangalore,
India), Canara Bank Ltd (1910), Canara Bank (1969).
Headquarters: Bangalore, Karnataka, India
Key people: Shri T. N. Manoharan (Chairman), Shri Rakesh Sharma (M D & CEO)
Products: Investment Banking, Consumer Banking, Commercial Banking, Retail
Banking, Private Banking, Asset Management, Pensions, Mortgages, Credit Cards
Revenue: ₹339 billion (US$5.0 billion) (2012)
Net income: ₹33.41 billion (US$500 million) (201 2)
Total assets: ₹4.72 trillion (US$70 billion) (2015)
Owner: Government of India
Number of employees: 53,506 (2016)
Website: Canara Bank

7. Bank of Baroda
Type: Public
Industry: Banking, Financial services
Founded: 20 July 1908 – 108 years ago
Founder: Maharaja H. H. Sir Sayajirao Gaekwad III[1]
Headquarters: Vadodara, India
Area served: Worldwide
Key people: P. S. Jayakumar(CEO & MD), Ravi Venkatesan (Chairman), Bharat
Dangar (Director)[2]
Products: Credit cards, consumer banking, corporate banking, fi nance and
insurance, investment banking, mortgage loans, private banking, private equity,
wealth management
Total assets: ₹6.714 trillion (US$100 billion) (2015)
Owner: Government of India
Website: www.bankofbaroda.com

8. Union Bank
Type: Public company
Industry: Financial services
Founded: 11 November 1919 – 97 years ago
Headquarters: Mumbai, India
Key people: Arun Tiwari (Chairman & MD)
Revenue: ₹211.44 billion (US$3.1 billion) (2012)
Net income: ₹17.87 billion (US$270 million) (2012)
Owner: Government of India
Number of employees: 36377(2015)
Website: www.unionbankofindia.co.in

9. IDBI Bank
Type: Government-owned bank
Industry: Banking, Financial services
Predecessor: IDBI
Founded: July 1964; 52 years ago
Headquarters: Mumbai India
Key people: Mr. Kishor Kharat (MD & CEO)
Products: consumer banking, corporate banking, finance and insurance,
investment banking, mortgage loans, private bank ing, private equity, wealth
management, Agriculture Loan
Revenue Increase: ₹31,453.16 crore (US$4.7 billion) (2016)
Operating income: Increase ₹5,370.07 crore (US$800 million) (2016)
Net income: Decrease ₹3,664.80 crore (US$540 million) (2016)
Total assets: Increase ₹374,372.13 crore (US$56 billion) (2016)
Number of employees: 16,555 (March 2015)
Website: www.idbi.com

10. Bank of India

Type: Public
Industry: Financial services
Founded: 7 September 1906; 110 years ago
Headquarters: Mumbai, Maharashtra, India
Key people: Shri Melwyn Rego (MD & CEO)
Products: Commercial Banking, Retail Banking, Private Banking, Asset
Management, Mortgages, Credit Cards
Revenue: ₹243,935.0 million (US$3.6 billion)
Operating income: ₹53,842.3 million (US$800 million)
Net income: ₹24,887.1 million (US$370 million)
Total assets: ₹6,469 billion (US$96 billion) (2015)
Website: www.bankofindia.com