130 likes | 172 Views
Private Sector represents a large part of Indian Banking & Financial System. Check here the list of top 10 best private sector banks in India.
E N D
Top 10 Best Private Banks in India The private-sector banks in India represent part of the Indian banking sector that is made up of private and public-sector banks. The private-sector banks are banks where greater parts of share or equity are held by private shareholders. India has a strong banking and financial sector and it is one of the most influential industry in India’s economy. There are 25 Private Banks in India which offers various career opportunities in Banking & Financial Sector.
1. HDFC Bank The Housing Development Finance Corporation popularly known as HDFC Bank Limited is an Indian banking and financial services company headquartered in Mumbai, Maharashtra. It was established in 1994. It has 84,325 employees and has a presence in Bahrain, Hong Kong and Dubai. It is the largest bank in India by market capitalization as of February 2016. It was ranked 69th in 2016 BrandZ Top 100 Most Valuable Global Brands.
2. ICICI Bank It is on second ranked in the best private sector banks. It is an Indian multinational banking and financial services company, founded in 1994, headquartered in Mumbai, Maharashtra, India, with its registered office in Vadodara. It has 74,096 employees and has a network of 4,850 branches and 14,404 ATMs in India. It has a presence in 19 countries including India.
3. Axis Bank Axis Bank is the third largest private-sector bank in India, founded in 1993. The bank has its head office in Mumbai and Registered office in Ahmedabad. It has 56,084 employees and has 3300 branches, 13,003 ATMs, and nine international offices. It offers general insurance policy which includes health, motor car, home as well as life insurance.
4. Kotak Mahindra Bank Kotak Mahindra Bank is an Indian private sector bank headquartered in Mumbai, Maharashtra, India. Earlier it was started as a non-banking company, named as Kotak Mahindra finance limited but later after getting license through RBI (Reserve Bank of India) it started its operations into banking sector. It has 46,500+ employees and has a network of 1,336 branches and 2,044 ATMs which is spread across 702 locations in the country.
5. YES Bank India’s fifth largest private sector Bank which was founded by Rana Kapoor & Ashok Kapur in 2004, headquartered in Mumbai, Maharashtra, India. YES Bank is the only Greenfield Bank license awarded by the RBI in the last two decades. YES Bank is a Full Service Commercial Bank which has steadily built a Corporate Finance, Investment Banking, Retail & SME Banking franchise, Financial Markets and Branch Banking.
6. Federal Bank Federal Bank was established in 1947 by Mr. K P Hormis, earlier known by the name of Travancore Federal Bank, headquartered at Aluva, Kochi, Kerala. It has 1252 branches and 1680 ATMs across the country. In August 2013, Federal Bank introduced FedBook, the first electronic passbook launched by any bank in India. FedBook is a mobile app through which customers can view their passbook details. If you want to get a job in one of these banks, then checkout for the recruitment procedure of each of these Private Banks.
7. IndusInd Bank IndusInd Bank was founded by Srichand P. Hinduja in 1994, headquartered in Mumbai, Maharashtra India. IndusInd Bank is the first among the new-generation private banks in India. It has 1,004 branches, and 1885 ATMs spread across 625 locations of the country. It also has representative offices in London, Dubai and Abu Dhabi. In India, Mumbai has the maximum number of bank branches followed by New Delhi and Chennai.
8. J&K Bank Jammu & Kashmir Bank was founded on 1 October 1938 under letters patent issued by the Maharaja of Jammu and Kashmir, Hari Singh. The bank had to face serious problems at the time of independence when out of its total of ten branches two branches of Muzaffarabad, Rawalakot and Mirpur fell to the other side of the line of control along with cash and other assets. Following the extension of Central laws to the state of Jammu & Kashmir, the bank was defined as a government company as per the provisions of Indian companies act 1956. Dr Haseeb Drabu was chairman and CEO of the bank for the period 2005 to 2010.
9. KARUR VYSYA Bank KARUR VYSYA Bank is an Indian private-sector bank, headquartered in Karur in Tamil Nadu. It was founded in 1916 by M. A. VenkataramaChettiar and Athi Krishna Chettiar. It has 7,071 employees and has 715 branches and 1,748 ATMs in over 18 states across the country. The bank mainly operates in retail banking, corporate/ wholesale banking segments.
10. Bandhan Bank Bandhan Bank is an Indian banking and financial services company which was founded in 2001 by Chandra Shekhar Ghosh, headquartered in Kolkata, West Bengal. Bandhan, which started as a micro-finance company in 2001, received banking license by Reserve Bank of India in 2014. It has 24066 employees and has 840 bank branches, 2,443 Doorstep Service Centers (DSCs) and 282 ATMs.