Top 10 Largest Banks in India: List of Govt and Private Banks
Top 10 Largest Banks In India: Indian Banking Sector plays a vital role in moving the country’s economy forward. It is one of the most explored retail lending markets in the Asia-Pacific region thus making Indian Banks one of the great opportunities for global investment. India boasts of some of the strongest and most stable banks in terms of financial indicators and market capitalization.
Banks operate and serve in a variety of different market sectors. They are some of the largest employment generators in the country and thereby contribute to increasing the purchasing power and per capita income of the citizens. As of now, banks are moving ahead towards the complete digitization of their transactions, further generating jobs and possibilities in the software sector. In this article, we will talk about the best private banks in India, government banks in India and more.
Top 10 Banks in India
Below is the list of Top 10 Top Banks in India in terms of size for 2021:
India is home to 27 Public Sector Banks, of which 21 are Nationalised Banks and 6 belong to the State Bank Group. In addition 45 Foreign Private Sector Banks are there, which support the Indian banking system.
To get an idea about the history, structure and nature of these banks and to identify which is the best bank in India for starting your career, let us have a look at the best Private and Government bank in India in terms of size.
Now that you know which are the 10 Top Banks in India in terms of size and the best bank in India for starting your professional career make sure you take the Banking mock tests of Embibe. These mock tests are available for free and will help you in your Banking preparation. You will get a clear idea about how the actual bank exams are going to be.
The frequently asked questions on the 10 Top Banks in India in terms of size are given below:
Q.1: Which is the largest bank in India? Ans: Industrial Credit and Investment Corporation of India (ICICI Bank). ICICI Bank is the largest private sector bank in India. ICICI is a multi-national banking & financial company.
Q.2: Which Bank in India is the best? Ans: HDFC is marked as India’s No. 1 Bank in Forbes World’s best bank report.
Q.3 Which is better SBI or ICICI? Ans: SBI has the lowest interest rate of 9.60% which is lower than the lowest interest rate of ICICI bank at 10.25%.
Q.4: What is the age limit for Clerical posts? Ans: The age limit for Clerical posts in Different Banks varies. For SBI it is 20 to 28 years.
Q.5: Is there any negative marking in the Bank Recruitment exam? Ans: Yes, there is a negative marking of 1/4th marks deducted for every wrong answer in the exam.
We hope this article on the Top 10 Largest Banks of India has helped you and has given you a fair idea regarding the leading Private and Government Banks in India and the best bank in India for your professional career. If you have any queries, please feel free to drop a comment below and we will get back to you at the earliest.
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