Best Banks in India 2019 (Top 30)

Last updated by Jai on April 14, 2019

Forbes in partnership with market research firm Statista has published list of World’s Best Banks.

Instead of gauging the balance sheets and P&L statements, Statista surveyed more than 40,000 customers around the globe for their opinions on their current and former banking relationships.

Banks were rated on general satisfaction and key attributes like trust, fees, digital services and financial advice.

Top Five Ranks have been bagged by Private Banks, topped by HDFC Bank followed by ICICI Bank. Syndicate Bank is the best amongst Public Sector Banks at No.5, followed by Punjab National Bank at No.6. State Bank of India did not find a place in top 10 banks of India and is placed at No.11.

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Ranking of Indian Banks in this Forbes list is:

Top 10 Banks in India

1HDFC BankMumbai88253
2ICICI BankMumbai81548
4Kotak Mahindra BankMumbai35717
5IDFC BankChennai9670
6Syndicate BankBangalore
7Punjab National BankNew Delhi74897
8Allahabad BankKolkata23967
9Vijaya BankBangalore16079
10Axis BankMumbai

Top 30 Banks of India

Canara Bank is the last in this list of 30 best banks in India while Oriental Bank of Commerce and Bank of India are just better than Canara Bank at No.29 and 28 respectively.

11State Bank of IndiaMumbai264041
12 Citibank New York 164,337
13 Karnataka Bank Mangaluru 8,220
14City Union Bank Kumbakonam 5,319
15Indian Overseas Bank Chennai 17,936
16Bank of Baroda Baroda 55,662
17Paytm Payments Bank Noida
18United Bank of India Kolkata 15,317
19Standard Chartered
London 86,000
20Union Bank of India Mumbai 37,587
21Indian Bank
Chennai 19,843
22HSBC London 229,000
23Karur Vysya Bank Karur 7,956
24UCO Bank Kolkata 23,943
25South Indian Bank Thrissur 7,946
26IndusInd Bank Mumbai 25,284
27IDBI Bank Mumbai 7,762
28Bank of India Mumbai

29Oriental Bank of Commerce Gurgaon 21,977
30Canara Bank Bangalore

Source : Forbes