Top 10 Banks in India 2017

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1. HDFC Bank

Founded in August 1994, HDFC Bank Limited is a banking and financial services company headquartered in Mumbai, India.


Image: Wikimedia

It was amongst the first to receive as ‘in principle’ approval from the RBI to set up a bank in private sector, as a part of the Indian Banking Industry in 1994. HDFC commenced operations as a Scheduled Commercial Bank in January 1995, and since then become the leading bank in the Indian banking sector.

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As at March 31, 2017, the total number of branches (including extension counters) and ATM network stood at 4700+ branches and 12260 ATMs respectively and spread across 2600+ cities. It has international presence in Bahrain, Hong Kong and Dubai too. As per the market capitalization, HDFC is the largest bank in India. Amalgamation of Centurion Bank of Punjab in 2008 and Merger of Times Bank Limited in 2000 added significant value to HDFC Bank in terms of increasing branch network and reach

Aditya Puri is the current MD of HDFC Bank, Recipient of Banker of the year from Business Standard Annual Awards 2016. The Products and services of HDFC bank include Credit cards, consumer banking, corporate banking, finance and insurance, investment banking, mortgage loans, private banking, Treasury, wholesale banking, retail banking and personal loans, two wheeler loans, car loans, private equity and wealth management. HDFC has wide range of digital offerings that include PayZapp, 10 second personal loan, SME Bank, Watch Banking, Chillr, 15-minute Two-wheeler loan and e-payment gateways to cater to the present e-commerce world.

HDFC Bank has come up with “Idea Bank” - a platform to share suggestions and ideas to help them improve their products and services and the most voted ideas will be implemented. The present asset base of HDFC stands at INR 86,384,021 lakhs.

Interest Earned (Cr): Rs69305

Net Profit (Cr): Rs14549

Return of Asset: 1.88%

Net NPA(Cr): Rs1843.99


Rank Methodology:

1. The leading 15 banks in India are considered along with parameters like Interest Earned,  Net Profit, Return of Asset and Net NPA.

2. All parameters were normalized and were given scores of 0.5, 0.3, 0.15 and 0.05 respectively

3. Based on this final scores were calculated and the final ranks were derived



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