Curious about the top banks in India in 2025? In this article, we will discuss the top 10 banks of India which are ruling the global market as well
How important is the banking sector for a country? Undoubtedly, it is the backbone of an economy, as it aids in the economy's growth, trade, and investments, ensures financial access for all, and provides loans to individuals and businesses. With a tech-savvy population and a booming economy, India's banking sector has significantly evolved over the past decade. In 2025, the top banks in India, in terms of market capitalisation, are also among the top in the same terms globally. For example, HDFC Bank is among the top 15 banks in the world in 2025 by market cap.
In this article, we will delve into the top 10 banks of India, comprehensively analysing their operations, financial performance, and overall impact.
Here's a table showcasing the top 10 banks in India, ranked by their market caps (as of March 26, 2025).
Rank & Bank |
Type | Market Cap (Rs Lakh Crore) |
---|---|---|
#1 HDFC Bank | Private | 13.81 |
#2 ICICI Bank | Private | 9.43 |
#3 SBI | Public | 6.81 |
#4 Kotak Mahindra Bank |
Private | 4.26 |
#5 Axis Bank | Private | 3.39 |
#6 Bank of Baroda | Public | 1.13 |
#7 Punjab National Bank | Public | 1.06 |
#8 Union Bank of India |
Public | 0.91 |
#9 Indian Overseas Bank |
Public | 0.80 |
#10 Canara Bank |
Public | 0.79 |
Here’s a deep dive into the top banks in India, examining their foundation:
Also Read: Top 10 index funds in India by AUM