HDFC Bank Limited (abbreviated HDB) is a Mumbai-based Indian banking and financial services firm. As of April 2021, it is India's largest private sector bank by assets and the world's tenth largest bank by market capitalization. With a market capitalization of ₹8.78 lakh crore, HDFC Bank is recently the largest bank in India. With almost 150,000 people, it is also India's sixteenth largest employer.

The Housing Development Finance Corporation established HDFC Bank in 1994 as a subsidiary, with its registered office in Mumbai, Maharashtra, India. Manmohan Singh, the then Union Finance Minister, inaugurated its first corporate office and a full-service branch at Sandoz House in Worli. HDFC Bank offers wholesale banking, retail banking, treasury, auto loans, two-wheeler loans, personal loans, loans against property, consumer durable loan, lifestyle loan, and credit cards. Payzapp and SmartBUY are two other digital products. For your consideration, HDFC Bank provides a variety of NRI accounts such as savings, current, salary, and fixed deposit accounts.

The objective of HDFC Bank is to be a world-class Indian bank. They have two goals: first, to be the preferred provider of banking services for target retail and wholesale client segments; and second, to be the preferred provider of banking services for target retail and wholesale customer segments. The second goal is to achieve healthy profit growth that is commensurate with the bank's risk tolerance. The bank is dedicated to upholding the highest levels of ethics, professional integrity, corporate governance, and regulatory compliance. The corporate strategy of HDFC Bank is built around five basic values: operational excellence, customer focus, product leadership, people, and sustainability.

Founded: 1994
Headquarters: Mumbai, India
Website: https://www.hdfcbank.com/

ICICI Bank Limited is a Mumbai-based Indian multinational bank and financial services firm. It provides a diverse range of banking products and financial services to corporate and retail customers through a network of delivery channels and specialized subsidiaries in investment banking, life and non-life insurance, venture capital, and asset management. This development finance institution has a presence in 17 countries with a network of 5,900 branches and 16,650 ATMs across India.

ICICI Bank is a leading private sector bank in India, providing a wide range of banking products and financial services to Corporate, Small and Medium Enterprises (SME), and Retail customers via a comprehensive multi-channel touch point network that includes branches, cutting-edge Internet Banking, Mobile Banking, WhatsApp Banking, and Phone Banking. In addition, the bank has specialized subsidiaries in investment banking, life and non-life insurance, venture capital, and asset management.

The bank has a strong history of corporate social responsibility (CSR). The Bank's commitment to socioeconomic development comprises various innovative measures aimed at achieving certain objectives. The majority of the initiatives are carried out directly or through the ICICI Foundation for Inclusive Growth (ICICI Foundation). For almost six decades, the ICICI Group has made important contributions to India's economic growth and development. Promoting inclusive growth has long been a Group objective.

Founded: 1994
Headquarters: Mumbai, India
Website: https://www.icicibank.com/

State Bank of India (SBI) is an Indian multinational public sector bank and statutory organization for financial services located in Mumbai, Maharashtra. SBI is the world's 49th largest bank by total assets and is rated 221st on the Fortune Global 500 list of the world's largest firms for 2020, the only Indian bank on the list. It is also one of the largest banks in India and a public sector bank, with a 23% market share by assets and a 25% percent of the overall loan and deposit market.

Savings accounts, credit cards, fixed deposits, personal loans, house loans, business loans, debit cards, loan against property, vehicle loans, gold loans, mudra loans, and more services are available from SBI. Through its many subsidiaries, such as SBI General Insurance, SBI Life Insurance, SBI Mutual Fund, SBI Card, and so on, the bank has successfully diversified its business. It has a global footprint and operates across time zones with 229 offices in 31 different countries.

State Bank of India has hundreds of branches in India and offices in dozens of countries across the world. Since its nationalization, SBI has met the needs of Indian economic development through rural development initiatives and microcredit programs, as well as through funding significant agricultural and industrial projects and obtaining government loans.

Founded: 1955
Headquarters: Mumbai, India
Website: https://sbi.co.in/

The Kotak Mahindra Group, which was created in 1985, is one of India's largest financial services firms. In February 2003, the Reserve Bank of India (RBI) gave a banking license to Kotak Mahindra Finance Ltd. (KMFL), the Group's main company. KMFL became India's first non-banking finance organization to be turned into a bank, Kotak Mahindra Bank Limited, as a result of this. With a market value of 3.28 lakh crore, Kotak Mahindra Bank is ranked fourth. The bank's stock has declined 7.8 percent in the last year.

Kotak Mahindra provides a wide range of financial services that cover all aspects of life. The Group meets the broad financial needs of individuals and corporations through commercial banking, stock brokerage, mutual funds, life insurance, and investment banking. The Group has a widespread distribution network in India, with branches and franchises throughout the country, as well as overseas offices in London, New York, California, Dubai, Abu Dhabi, Bahrain, Mauritius, and Singapore.

Customers would benefit from working with a global Indian brand that understands their needs and provides tailored pragmatic solutions across different platforms. Kotak Mahindra Bank is a global Indian financial services conglomerate. Its technologies and best practices are internationally benchmarked, while its customer knowledge is distinctly Indian.

Founded: 1985
Headquarters: Mumbai, India
Website: https://www.kotak.com/

Next one in the list of largest banks in India is Axis Bank with a market cap of ₹2.54 lakh crore. Axis Bank Limited, formerly known as UTI Bank (1993–2007), is an Indian banking and financial services corporation headquartered in Mumbai. It offers financial services to large and mid-sized businesses, as well as SMEs and retail businesses. Axis Bank is the third largest private sector bank in India. Customers in the Large and Mid-Corporate, MSME, Agriculture, and Retail Business sectors receive a comprehensive range of financial services from the bank.

Individuals and small businesses can use the bank's lending services, as well as its liability products, card services, Internet banking, automated teller machine (ATM) services, depository, financial advising services, and Non-resident Indian (NRI) services. Axis Bank offers customers transaction banking products and services such as current accounts, cash management services, capital market services, trade, foreign exchange and derivatives, cross-border trade and correspondent banking services, and tax collections on behalf of the Indian government and various state governments. Through its owned subsidiaries, the bank provides investment banking and trusteeship services.

The Bank's worldwide operations are dispersed across nine international offices, with branches in Singapore, Hong Kong, Dubai, Colombo, and Shanghai, as well as representative offices in Dhaka, Dubai, and Abu Dhabi, and an overseas subsidiary in London, UK. Corporate financing, trade finance, syndication, and liability companies are the focus of the foreign operations. Axis Bank aims is to be the preferred financial services company that excels in customer service delivery through intelligence, empowered staff, and smart technology utilization.

Founded: 1993
Headquarters: Mumbai, India
Website: https://www.axisbank.com/

Bank of Baroda (BOB or BoB) is a public sector bank in India with headquarters in Vadodara, Gujarat. With 153 million customers, a total business of US$218 billion, and a global footprint of 100 abroad locations, it is India's second largest public sector bank after State Bank of India. According to 2019 data, it is rated 1145th on the Forbes Global 2000 list. The bank has 107 branches/offices in 24 countries (excluding India), including 61 bank branches/offices, 38 subsidiaries' branches, and 1 representative office in Thailand. In Zambia, the Bank of Baroda has a joint venture with 16 branches.

Personal banking includes deposits, gen-next services, retail loans, credit cards, debit cards, services and lockers; business banking includes deposits, loans and advances, services and lockers; corporate banking includes wholesale banking, deposits, loans and advances, and services; and international business includes non-resident Indian (NRI) services, foreign currency credits, ECB, offshore banking, export financing, and export financing. Bank of Baroda provides services such as local and foreign exchange transactions. In addition, they provide rural banking services such as deposits, priority sector advances, remittance, collection services, pensions, and lockers. They also provide fee-based services including cash management and remittances.

From a tiny building in Baroda in 1908 to its modern hi-rise and hi-tech Baroda Corporate Centre in Mumbai, the story is one of vision, enterprise, financial prudence, and corporate governance. It's a tale of corporate wisdom and social pride. It's a story built on private funds, princely patronage, and governmental ownership. It's the story of regular bankers and their amazing contributions to Bank of Baroda's ascension to the pinnacle of corporate greatness. It is a story that must be communicated with all of the millions of individuals - consumers, stakeholders, employees, and the general public - who have all contributed in some way to the formation of an institution.

Founded: 1908
Headquarters: Gujarat , India
Website: https://www.bankofbaroda.in/

IndusInd Bank Limited is a Mumbai-based Indian financial services company. Commercial, transactional, and electronic banking goods and services are available from the bank. Manmohan Singh, then Union Finance Minister, launched IndusInd Bank in April 1994. IndusInd Bank is a forerunner among India's new-generation private banks. It is the seventh largest bank in India with a market capitalization of ₹82,550 crore.

Treasury, Corporate and Wholesale Banking, Retail Banking, Other Banking Operations, and Unallocated are business segments. The Treasury division includes all investment portfolios, profit and loss on investment sales, profit and loss on foreign currency transactions, equities, derivatives revenue, and money market operations. Corporate lending and deposits are included in the Corporate and Wholesale Banking section. Retail lending and deposits are included in the Retail Banking sector. The additional Banking Operations category includes all additional operations that are not covered by the other segment. Capital and reserves, outstanding employee stock options, and other assets, liabilities, revenue, and expenses are all included in the Unallocated division.

IndusInd Bank is the chosen financial solutions provider and partner for nearly 33 million consumers in the country, including individuals, large enterprises, various government institutions, and public sector organizations. The banking network comprises 2384 Branches/Banking Outlets and 2894 ATMs located throughout India, encompassing 1,34,000 communities. The vision of IndusInd Bank is to be a relevant business and banking partner to its clients, customer-responsive, always striving to collaborate with clients in providing solutions for their banking needs, and a market leader in terms of productivity, technology, efficiency, and profitability.

Founded: 1994
Headquarters: Mumbai, India
Website: https://www.indusind.com/

Punjab National Bank (abbreviated as PNB) is a New Delhi-based Indian public sector bank. The bank, which was founded in May 1894, is India's third largest public sector bank in terms of business volume and second largest in terms of network. The bank serves over 180 million customers and operates 12,248 branches and 13,000 ATMs. PNB has a banking subsidiary in the United Kingdom (PNB International Bank), as well as branches in Hong Kong, Kowloon, Dubai, and Kabul.

Treasury, Corporate/Wholesale banking, Retail banking, and Other banking operations are the segments of the bank. Agriculture banking, retail banking, treasury operations, corporate banking, merchant banking, non-resident Indian (NRI) services, depository services, digital banking services, and mutual funds are among the services offered by the bank. It also offers cash management services, export/import finance, a gold card scheme for exporters, doorstep banking, and internet trading.

The objective of Punjab National Bank is to provide quality financial services by utilizing technology to create value for customers and other stakeholders, opportunities for staff, and so contribute to the nation's economic progress. Through customer-centric innovations, staff empowerment, and enriching the lives of all stakeholders, it aspires to be an internationally trusted banking partner.

Founded: 1894
Headquarters: New Delhi, India
Website: https://www.pnbindia.in/

Canara Bank is a Bangalore-based Indian public sector bank as well as one of the largest banks in India. Ammembal Subba Rao Pai founded the bank in Mangalore in 1906, and it was nationalized in 1969. The bank has offices in London, Dubai, and New York, in addition to India. Canara Bank was formed in July 1906 in Mangalore, then a tiny port town in Karnataka, by Shri Ammembal Subba Rao Pai, a remarkable thinker and philanthropist. Over the course of its century-long history, the bank has gone through numerous stages of its growth trajectory.

Canara Bank is a public sector bank with assets totaling 11.54 trillion Indian rupees as of fiscal year 2021. Commercial banking and financial services are provided by the bank. Canara Bank provides a variety of banking services such as a savings account, FD, debit card, loans, depository, and consultancy. Canara Bank, if it provides good loans and retains its market position, could help India prosper and increase its assets in the future.

Over the years, Canara Bank has grown its market position to become a prominent Financial Conglomerate with up to thirteen subsidiaries/sponsored institutions/joint ventures in India and internationally. Not only in commercial banking, but also in various corporate social responsibilities such as serving national priorities, promoting rural development, enhancing rural self-employment through several training institutes, and spearheading the financial inclusion goal. Promoting an inclusive growth strategy, which has emerged as the central tenet of today's national policy agenda, is, in reality, firmly founded in the Bank's founding ideals.

Founded: 1906
Headquarters: Bengaluru, India
Website: https://canarabank.com/

The IDBI Bank Limited (IDBI Bank or IDBI) is a development finance institution that is jointly controlled by the Government of India and the Life Insurance Corporation of India. In 1964, it was founded as the Industrial Development Bank of India, a development finance institution that provided financial services to the industrial sector. The institution was merged with its commercial business, IDBI Bank, in 2005, forming the current banking organization, and was classed as a "other development finance institution" category.

IDBI Bank believes in empowering consumers by offering a diverse array of banking products and services to satisfy their financial needs. It features personalized solutions to help you reach your financial goals, whether you are an individual, a small business owner, or a major corporation. Savings accounts, current accounts, fixed deposits, loans, credit cards, and many other products are available. To make banking more convenient and accessible for consumers, it provides digital banking services such as Internet banking, mobile banking, and e-wallets.

IDBI Bank Ltd., being a universal bank, impacts the lives of millions of Indians through a diverse range of financial products and services. Furthermore, the bank has a strong presence in related financial sector industries such as capital markets, investment banking, and mutual funds. The commitment to provide relevant financial solutions, ensure maximum customer convenience through simple access to branches and ATMs, as well as digital offers, and excellence in customer service characterizes the Bank's very business culture.

Founded: 1964
Headquarters: Mumbai, India
Website: https://www.idbibank.in/