Top Private Banks in India 2024

India has a large banking sector with 21 private and 12 public sector banks. The top private banks in India are the reason behind India’s economic growth, making it one of the most rapidly emerging nations in the world.

HDFC Bank

HDFC Bank is one of the best private banks in India and the world’s sixth-largest bank. Founded in 1994, HDFC is known for its innovative thinking, excellent customer service, and surplus technology integration in its services.

Infosys

The ICICI Bank is also among the best private banks in India 2024. With a complete pool of financial banking services, the bank also provides facilities relating to wealth management, international banking, and much more.

Founded in 1993, the Axis Bank has its headquarters in Mumbai, India. The bank has managed to be among the top private banks in India in a concise period.

The bank commenced its journey to majorly transition from an NBFC to a pure commercial bank in 2003. As a part of the Kotak Mahindra Group, the bank is known to adopt Innovation and technology without much hesitation.

The Industrial Development Bank of India (IDBI) has recently emerged as a tycoon in India’s private banking industry. Although IDBI is one of the oldest banks on this list of top private banks in India, Founded in 1964

Yes Bank

Founded in 2004, Yes Bank is a private-sector bank among India’s leading banks. Since its foundation, Yes Bank has seen significant growth in its revenue profit, leading to it getting listed on the Bombay Stock Exchange and the National Stock Exchange.

One of India’s oldest private sector banks, the Federal Bank, was founded in 1931. Initially providing its services in the southern region of India, specifically Kerala, the Federal Bank was established to serve the local community’s needs

Founded by the Hinduja Group, the IndusInd Bank commenced its operations in 1994 and is among the top private banks in India 2024.

RBL Bank, formerly known as Ratnakar Bank Limited, was founded in 1943. The bank underwent a rebranding cycle to emerge as RBL Bank in 201

Dedicated to providing efficient banking services in this region, J&K Bank is a consumer-focused financial solutions organization and falls in the category of top private banks in India.

This research serves educational and informational purposes only. It is not to be considered as a portfolio management service, basket recommendation, or investment advisory. Investment in securities market are subject to market risks. Read all the related documents carefully before investing.