Banks are backbone of any economy. A healthy banking system represents a healthy economy. The crisis of 2008 were due to failure of many banks in USA.
Every country needs to ensure that banking economy improves every year.
In our opinion Demonetization was done to fill banks with money. It is a well known fact that Indian banks are seating on huge NPA.
As claimed by government demonetization was to catch black money, reduce illegal funding etc., we have different opinion. Indian Banks are seating on huge NPAs and are in deep trouble.
Recent Nirav Modi scam happened with Punjab National Bank which is second largest bank (Based on branches in India).
In this article we will list the top 10 banks of India as per:
We have prepared list of top 10 banks in India based on their market value. Market value is sourced from stock exchanges.
|2.||Kotak Mahindra Bank||
|3.||State Bank of India||
|9.||Bank of Baroda||
Above table gives list of top banks as per share capital of banks listed on stock market. This list is in line with profits earned by these banks.
Above list of top banks include both Public Banks and Private Banks. Here is the list of top 10 private banks in India.
HDFC Bank is way ahead of its competitors. HDFC has more market capital and profits than next 2 banks in list. Bandhan Bank is a surprise and it has reached in top 10 place faster than any other bank.
We have seen that private banks are performing better than government/public banks. Government banks are more into controversy due to their more than expected NPAs.
Here is the list of Top 10 Public/Government Banks.
Share market loves profits and valuation is directly based on profits earned by banks. SBI improved its profits by collecting minimum maintenance charges.
Here is the list of top 10 banks with highest profits (In Crores).
Even the top 10 list as per profits is dominated by private banks. Private banks are ranking on top with high profits.
HDFC Bank is the clear winner and can be declared as most profitable baks of India. HDFC has outranked every other bank. It has best profit margins and high operational efficiency.