The banking industry is crucial to the advancement of the economy in a developing country like India. Banks provide loans to commercial and agricultural players alike. Do you know which banks the Reserve Bank of India (RBI) considers to be the top 10 in India? Here, we'll quickly review the Chennai banks with the highest market capitalization while also examining some connected topics.
Housing Development Finance Corporation Ltd. is based in Mumbai. According to the Forbes World's Best Bank poll, HDFC is now the largest private-sector bank in India and is also recognized as the top bank in the country. Personal banking, home, auto, and business loans, lifestyle loans, credit cards, and debit cards are just a few of the numerous services and goods the bank offers in addition to retail and wholesale banking. The bank also takes pride in launching popular digital products like Payzapp and SmartBUY.
Address: 5, MIG, PT Rajan Road, Sector 1, K. K. Nagar, Chennai, Tamil Nadu 600078
Phone Number: 9426792001
Email Id: firstname.lastname@example.org
The State Bank of India (SBI) is a government bank in India that holds the distinction of being the country's largest public sector bank, second on the list of the country's top 10 banks, and a statutory organization for the provision of financial services. Mumbai, the nation's financial center, is where SBI is headquartered. It is also referred to as India's largest bank. With over 233 global offices spread across 36 countries, SBI has a commendable international presence and a 23% market share in India.
Address: D-105 FIRST FLOOR, 1st Main Rd, Chennai, Tamil Nadu 600102
Phone Number: 044 26630896
Email Id: email@example.com
Among the leading banks in India, Industrial Credit and Investment Corporation of India, or ICICI Bank, is the third largest. Despite having a registered office in the Gujarati city of Vadodara, the bank's central office is located in Mumbai. ICICI Bank has a commendable global presence, with operations spread out across the UK and Canada. The bank also boasts of having representative offices in the United Arab Emirates, Malaysia, and Bangladesh in addition to branches in China, Hong Kong, the United States, South Africa, Sri Lanka, the Dubai International Finance Centre, Singapore, Bahrain, and Oman.
Address: 1st Avenue, Jawaharlal Nehru Road, Ashoknagar, Chennai, Tamil Nadu 600083
Phone Number: 044 33667777
The 2003 establishment is now recognized as the fourth-largest private sector bank in the nation. The bank brought in more than Rs. 58,000 crores last year. KMBL was listed as the 245th best bank in the world in a Brand Finance Banking 500 research that was released in February 2014 by Banker magazine.
Address: Upper Floor, Door No.113, Old No.62, situated at, Dr Radha Krishnan Salai, Jagadambal Colony, Othavadi, Mylapore, Chennai, Tamil Nadu 600004
Phone Number: 1860 2662666
Email Id: firstname.lastname@example.org
Known for being India's top new-generation private bank. The bank was established in 1994, and Mumbai serves as its headquarters. The metropolises of Mumbai, Delhi, and Chennai in India are where the majority of its branches are found. It also boasts a global presence thanks to representative operations in Dubai, Abu Dhabi, and London.
Address: Dr Guruswamy Bridge, Subba Road Avenue, Nungambakkam, Chennai, Tamil Nadu 600034
Phone Number: 18602677777
Yes Bank's beginnings may be found in 1999, when three Indian bankers made the decision to create a non-banking financial company jointly. Yes Bank has established itself as the private sector bank in India with the quickest rate of growth.
Address: 1st Ave, Ashok Nagar, Chennai, Tamil Nadu 600083
Phone Number: 18001200
PNB, or Punjab National Bank, is its common name. This top bank is a public sector organization with revenues of Rs. 88,339 Crores. The remarkable base of more than 180 million customers that this institution boasts is what distinguishes it as a top bank in the country. With locations in Mumbai and Dubai as well as Hong Kong, PNB has a respectable international footprint.
Address: 21, 30, Kalaignar St, Kaveri Rangan nagar, Saligramam, Chennai, Tamil Nadu 600093
Phone Number: 18001802222
Another public sector bank, Bank of Baroda, generally known as BoB, is listed in the Top 10 Banks in India. The Vadodra-based bank's popularity unexpectedly increased in April 2019 after Dena Bank and Vijaya Bank merged to create the first-ever three-way merger. Over 132 million people make up the bank's impressive customer base.
Address: 476, C", N, Beach Rd, Mannadi, Chennai Port Trust, Chennai, Tamil Nadu 600001
Phone Number: 1800 2584455
Email Id: email@example.com