Let’s Know the Top Banks of India

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Banks are an integral part of any economic system. India too has a very wide spanning chain of banks to cater to the needs of its ever-growing population. And now that the government has set forth to promote a cashless economy with the smart banking system, the importance of the banking system have increased ten-fold.

Different banks in the country serve different purposes. There are public sector banks like the State Bank of India and many other privately owned banking corporations like Punjab National Bank etc. In many large scale banking networks the services provided are almost the same and hence there exists a large competition among banks to attract as many customers as they can. And this competition often proves to be beneficial for the customers which are always welcome to the general public.

With the new changes implemented by the government into the most extensive chain of banks in the country, The State Bank of India ( SBI), which, if I dare say are not customer friendly at all, many customers have now diverted their ways to other banks. This has given many other banks to provide services to the people and improve their network in the country.

Below is a list of 15 banks which according to a study conducted jointly by Outlook Money and TNS are said to be customer friendly due to their services and policies provided to the public:-

  1. Corporation Bank
  2. Axis Bank
  3. Central Bank of India
  4. HDFC Bank
  5. United Bank of India
  6. Oriental Bank of Commerce
  7. Bank of Baroda
  8. Canara Bank
  9. State Bank of India
  10. Syndicate Bank
  11. Bank of India
  12. Allahabad Bank
  13. Punjab National Bank
  14. Indian Bank
  15. UCO Bank

In addition to the overall ranking of the banks, the images provided below show the top banks divided into different categories ( Image courtesy – An article posted on Outlook Money. Com) :

I hope this article helps you in finding a bank that best suits your needs and convenience. Let’s help make India economy strong by trusting the banks, whatever they may be!

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