India is one progressive country in South Asia that keeps on progressing. Hence, it is no longer surprising why various banking institutions are mushrooming in this beautiful and progressive country. This is one great evidence that the country is really progressing in terms of income. In this regard, here are the list of 10 best banks in India this 2015:
10. Union Bank of India
Such big-time banking institution in India was founded on November 11, 1919 and it is headquartered in the city of Mumbai. It has a total number of employees of 36,377. Its current Chief Executive Officer is Arun Tiwari. $13.45 billion is its current net asset management.
9. IDBI Bank
This bank is a government-owned one, and it was founded way back in the year 1964. Its main headquarters can be located in the city of Mumbai. Previously, it is called Industrial Development Bank of India. The current Chief Executive Officer of this bank is M.S. Raghavan. The total asset of this bank is worth $42 billion.
8. Bank of India
It’s already serving the country since its foundation day on September 7, 1906. It’s actually a commercial bank that has its main headquarters in Mumbai. Currently, it has 4,187 branches all over India. Its present Chief Executive Officer is Vijayalakshmi R. Iyer.
7. Axis Bank
It’s a privately-owned banking institution and considered to be the 3rd biggest bank in the country. It was founded in the city of Ahmedabad, but its current main headquarters is located in Mumbai. Formerly, it was called UTI Bank. Its total current asset is worth $54 billion.
6. Canara Bank
As a state-owned banking institution, this bank has a total asset worth of $61 billion. It was founded in the year 1906, but in a different name through the effort of its founder named Ammembal Subba Rao Pai. Its main headquarters can be located in the city of Bangalore, which is officially called Bengaluru.