India is home to 17% of the World’s population and is also one of the fastest growing economies in the world. The handling of money and financial matters is thus a very important business in India. There are various public and private sector players in this sector and below is a compilation of the top 10 banks, based on their market capitalisation.
10. Bank of India
Market Cap: Rs. 19,210.00 Cr
BOI is a state owned bank, nationalised in 1969. It is actively involved with providing cost effective financial processing and communication services, and is a founder member of SWIFT (Society for Worldwide Inter Bank Financial Telecommunication).