India’s Best Banks 2021 | Forbes Lists World’s Best Banks

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india's best bank

India – Best Banks: Banks play a vital role in keeping the global economy moving. Top lenders like SBI and RRBs helped in maintaining the credit flow to businesses large and small as well as households during COVID-19. They’ve also originated and refinanced home loans and supported the mechanism of stimulus checks and relief payments since their inception. Here in this blog we’ll have a look at India’s best banks of 2021, as per Forbes and Statista.

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India’s Best Banks, 2021 | Top 30 Banks In India

Banks have steered the digital change during the pandemic as customers relied on online banking capabilities, digital payment technologies, and financial services that can be managed over smartphones. Banks that were able to offer a digital bank, in addition to any in-branch services, thrived in customer base and customer satisfaction. Online banking facilities are now a matter of adapt or die for the world’s best banks. As banking goes digital, large incumbent banks are vulnerable to fast-growing startups with low operating costs and modern infrastructure. Here is the list of top 30 banks operating in India in 2021.

RankNameHeadquarters CityHeadquarters Country/TerritoryEmployees
1DBSSingaporeSingapore29,000
2CSB BankThrissurIndia2,716
3ICICI BankMumbaiIndia84,922
4HDFC BankMumbaiIndia98,000
5Kotak Mahindra BankMumbaiIndia35,717
6Axis BankMumbaiIndia72,000
7State Bank of IndiaMumbaiIndia264,041
8Federal BankErnakulamIndia12,227
9Saraswat BankMumbaiIndia4,061
10Standard CharteredLondonUnited Kingdom84,740
11India Post Payments BankNew DelhiIndia1,800
12HSBC HoldingsLondonUnited Kingdom226,059
13CitibankNew YorkUnited States158,759
14The Andhra Pradesh State Co-operative BankVijayawadaIndia–
15IndusInd BankMumbaiIndia27,739
16Paytm Payments BankNoidaIndia–
17UCO BankKolkataIndia23,133
18IDFC BankChennaiIndia12,257
19Punjab National BankNew DelhiIndia74,897
20Central Bank of IndiaMumbaiIndia37,162
21Bank of BarodaBarodaIndia55,662
22City Union BankKumbakonamIndia5,518
23Union Bank of IndiaMumbaiIndia37,262
24Canara BankBengaluruIndia58,350
25Yes BankMumbaiIndia21,136
26IDBI BankMumbaiIndia17,117
27Bank of IndiaMumbaiIndia48,680
28Indian BankChennaiIndia19,604
29Kerala Gramin BankKeralaIndia3,695
30Karur Vysya BankKarurIndia7,791

World’s Best Banks, 2021 | Top 5 Banks in the World

Forbes does for its ranking of the 100 banks based on a Statista survey of more than 43,000 customers around the globe for their opinions on their current and former banking relationships. These banks are rated on general satisfaction and key attributes like trust, fees, digital services and financial advice. The top 5 banks in the world in 2021 are listed below.

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NameHeadquarters CityHeadquarters Country/TerritoryEmployees
1822direktFrankfurtGermany200
Aargauische KantonalbankAarauSwitzerland690
Abu Dhabi Commercial BankAbu DhabiUnited Arab Emirates1,479
Abu Dhabi Islamic BankAbu DhabiUnited Arab Emirates–
Aeon BankTokyoJapan2,422

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