Find all about India's private sector banks with their market caps in this post
In contrast to their public sector counterparts, private banks in India operate with a more profit-oriented approach, often characterised by a higher level of innovation and customer-centric services. While they face competition from public sector banks, private banks in India have excelled in embracing advanced technology, offering a wide range of digital banking solutions, and providing personalised services to their customers. As a result, private banks in India have attracted a significant share of the banking market and continue to contribute to India's financial growth and diversification.
In this article, we will explore the top private banks in India.
Also Read: Public sector banks in India
These are 21 the private banks in India, with market cap data sourced from BSE India (as of April 21, 2025)
Rank | Bank Name | Market Cap (Rs) | Headquarter |
---|---|---|---|
1 | HDFC Bank | 14,71,139.62 | Mumbai, Maharashtra |
2 | ICICI Bank | 10,07,825.29 | Mumbai, Maharashtra |
3 |
Kotak Mahindra | 4,37,409.06 | Mumbai, Maharashtra |
4 |
Axis Bank | 3,78,288.55 | Mumbai, Maharashtra |
5 |
IDBI Bank | 84,943.98 | Mumbai, Maharashtra |
6 |
IndusInd Bank | 64,455.07 | Pune, Maharashtra |
7 | Yes Bank | 59,165.22 | Mumbai, Maharashtra |
8 | The Federal Bank | 48,976.08 | Aluva, Kerala |
9 | IDFC First Bank | 47,976.28 | Mumbai, Maharashtra |
10 |
AU Small Finance Bank | 45,885.42 | Jaipur, Rajasthan |
11 | Bandhan Bank | 26,629.36 | Kolkata, West Bengal |
12 | Karur Vysya Bank | 17,958.88 | Karur, Tamil Nadu |
13 | City Union Bank | 13,490.39 | Kumbakonam, Tamil Nadu |
14 | The Jammu & Kashmir Bank Ltd |
11,595.45 | Srinagar, Jammu Kashmir |
15 | RBL Bank | 11,542.52 | Mumbai, Maharashtra |
16 | The Karnataka Bank Ltd |
7,420.41 | Mangaluru, Karnataka |
17 | Tamilnad Mercantile Bank | 6,969.05 | Thoothukudi, Tamil Nadu |
18 | The South Indian Bank Ltd |
6,742.21 | Thrissur, Kerala |
19 | CSB Bank Ltd | 6,049.45 | Thrissur, Kerala |
20 | DCB Bank Ltd | 4,035.45 | Mumbai, Maharashtra |
21 | Dhanlaxmi Bank Ltd | 1,155.68 | Thrissur, Kerala |
Now, let’s take a closer look at India's top 10 private banks by market capitalisation.