The Indian banking system consists of 22 public sector banks. Reserve Bank of India (RBI) is the highest monetary authority in the country. All the public banks, private banks and foreign banks have to follow the guidelines made by the RBI.
HDFC (Housing and Development Finance Corporation) is the biggest bank of India in terms of market capitalization followed by axis bank and ICICI Bank.
Here is a list of top 15 Private Sector Banks in India. These bank’s shares are actively traded on Bombay Stock Exchange (BSE) and National Stock Exchange of India (NSE).
|S.N.||Bank Name||Establishment||Head Quarter||Market Capitalization (cr. Rs.) as on July 2016|
|3.||Axis Bank|| 1993 as UTI Bank
|4.||Kotak Mahindra|| 2003
|9.||RBL Bank (formerly known as The Ratnakar Bank limited)||1943||Kolhapur- Maharashtra||11,356.83|
|10.||City Union Bank||1904||Tamil Nadu||7,850.15|
|11.||Karur Vysya Bank||1916||Tamil Nadu||5,837.31|
|14.||South Ind Bank||1929||Kerala||3,092.91|
|15.||Karnataka Bank|| 1924
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