Top 10 Private Banks in India According to RBI

Top 10 Private Banks in India According to RBI

Private Banks play an important role in economic transactions in India. India is the world’s
5th largest Economy. Indian People prefer private banks because of service and online technology. Here is Top 10 private banks in India according to RBI. Here net sales are considered to rank the private Banks. Also, the largest private bank in India is HDFC Bank in terms of net sales. Ranking of Top Private Banks given below.

Top private Bank in india

Top private Bank in India

Top 10 Private Banks In india

Note that, The ranking is based on Net sales. The ranking can be different if profit is considered here.

    • HDFC Bank
top private banks in india

Hdfc bank

HDFC bank is largest private bank in India. HDFC Bank is part of HDFC group. HDFC Bankis lead by Aditya Puri. The Full Form Of HDFC Bank is Housing Development Finance Corporation Bank. It is Number 1 Bank in india. HDFC bank is largest Private bank in india.

HDFC bank also has the highest profitable bank in India. HDFC bank is considered as largest bank even after considering market valuation. Also it has highest assets in banking industry.

HDFC bank provide secured and unsecured loans, Forex services, Credit card facilities also HDFC Bank offer most premium banking in India.

HDFC Net Banking Guide: Click here

  • ICICI Bank


ICICI Bank is second largest private bank in india. Industrial Credit and Investment Corporation of India is known as ICICI Bank. It is one of the most trustworthy and popular banks in the market presently. Since it is an Indian financial service and multinational banking company, it offers services offerings are loans, deposits, privilege banking, insurance policies, credit cards, and other services.

ICICI Bank Net Banking: Click here

  • AXIS Bank

AXIS Bank is India’s third-largest bank. It was established in 1993. Axis bank’s headquarter is situated in Mumbai. The Axis Bank has most provided funds to SME in India.

  • YES Bank
Private banks in india

YES Bank

Yes Bank is one of controversial Bank in india. Its founder Rana Kapoor was in jail for Frauds. In its starting year it was most promising bank in india. It grew many times during small period of time. It was founded by Rana Kapoor and Ashok Kapur in 2004.

  • Kotak Mahindra Bank
kotak mahindra bank

kotak mahindra bank

Kotak Mahindra Bank is an Indian Private Sector Bank. I am sure that it will replace Yes bank in few months. Its Headquarter is situated in Mumbai. It was started in 2003. It also acquired ING Vysya Bank.

  • IndusInd Bank

IndusInd Bank Limited is an Indian new generation bank in Pune. Induslnd bank was established in 1994. The bank offers commercial, transactional and electronic banking products and services. It is part of Hinduja Group.As on 31 December 2018, IndusInd Bank has 1,558 branches, and 2453 ATM In india.

  • IDFC First Bank

IDFC First Bank is an Indian banking company. It’s headquarters in Mumbai.The bank started operations on 1 October 2015. IDFC received a universal banking licence from the Reserve Bank of India in July 2015.

  • Federal Bank

Federal Bank was founded in the year 1931 as Travancore Federal Bank. Federal Bank’s headquarter is in Kochi, Kerala. Federal Bank has 1,252 branches and 1,516 ATMs across the country. Federal Bank offers multiple services including but not limited to personal banking, retail banking, corporate banking, NRI banking, insurance, and loans.

  • StanChart PLC

Many Readers will get surprise as Standard Charted PLC is british Multinational Bank. But in term of net sales the standard Charted PLC make debut to list.

  • JK Bank

JK Bank is also Known as Jammu and Kasmir Bank. It is private bank but it’s major stake is owned by Jammu and Kasmir Government. It’s headquarter is in Srinagar

After List of Top 10 private banks in india, we will give below list of other private banks,

  • Bandhan Bank Ltd.
  • CSB Bank Limited
  • City Union Bank Ltd.
  • DCB Bank Ltd.
  • Dhanlaxmi Bank Ltd.
  • Karnataka Bank Ltd.
  • Karur Vysya Bank Ltd.
  • Lakshmi Vilas Bank Ltd.
  • Nainital bank Ltd.
  • RBL Bank Ltd.
  • South Indian Bank Ltd.
  • Tamilnad Mercantile Bank Ltd.
  • IDBI Bank Limited

This was the list of top private banks in India.