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Detailed: The Top 10 Largest Banks in India as of 2025

Raunak Saha by Raunak Saha
October 24, 2025
in FAQ, Finance, News, trending
0
Top 10 largest banks in india

The Top 10 Largest Banks in India: All You Need to Know

In India, the banking industry is characterized by intense rivalry and ongoing innovation. The Top 10 Largest Banks in India as of 2025 have risen to prominence, demonstrating remarkable achievements, customer-focused strategies, and technological progress.

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These banks have a crucial role in driving economic expansion by delivering vital financial services to individuals, enterprises, and the government. With a dedicated emphasis on customer contentment, resilient financial accomplishments, and a diverse product portfolio, these institutions have solidified their status as reliable foundations in India’s banking arena.

Table of Contents

  • Know The Top 10 Largest Banks in India as of 2025
    • 🏦 Top 10 Largest Banks in India (2025)
    • State Bank of India (SBI)
    • HDFC Bank
    • ICICI Bank
    • Punjab National Bank (PNB)
    • Bank of Baroda (BoB)
    • Axis Bank
    • Canara Bank
    • Union Bank of India
    • Bank of India (BOI)
    • IndusInd Bank
  • FAQs
    • What are the top 10 largest banks in India?
    • What factors determine the size of a bank?
    • What are the primary categories of banks in India?

Know The Top 10 Largest Banks in India as of 2025

Sure! Here’s a neatly formatted table of the Top 10 Largest Banks in India (2025) based on total assets, market capitalization, and branch network, combining both public and private sector banks.


🏦 Top 10 Largest Banks in India (2025)

RankBank NameTypeTotal Assets (₹ Cr)Market Cap (₹ Cr)Branches (Approx.)
1State Bank of India (SBI)Public Sector₹60+ lakh crore₹6.8+ lakh crore22,000+
2HDFC BankPrivate Sector₹26+ lakh crore₹13+ lakh crore8,000+
3ICICI BankPrivate Sector₹18+ lakh crore₹8.5+ lakh crore6,000+
4Punjab National Bank (PNB)Public Sector₹14+ lakh crore₹1.1+ lakh crore10,000+
5Bank of Baroda (BoB)Public Sector₹13.5+ lakh crore₹1.05+ lakh crore8,100+
6Kotak Mahindra BankPrivate Sector₹5.5+ lakh crore₹3.5+ lakh crore1,800+
7Axis BankPrivate Sector₹14+ lakh crore₹3.8+ lakh crore5,000+
8Canara BankPublic Sector₹12+ lakh crore₹0.95+ lakh crore9,000+
9Union Bank of IndiaPublic Sector₹11.5+ lakh crore₹0.85+ lakh crore8,500+
10IDBI BankPublic Sector₹4.5+ lakh crore₹0.55+ lakh crore1,900+

📌 Notes:

  • Data as of 2025, based on the latest financial reports and market trends.
  • Rankings consider total consolidated assets, market capitalization, and branch strength.
  • Figures are rounded off for readability and may vary slightly depending on quarterly performance.

State Bank of India (SBI)

Top 10 Largest Banks in India

As the largest public sector bank in India, SBI offers an extensive range of banking services through its vast network of branches and ATMs across the country. Renowned for its wide spectrum of financial products, including retail, corporate, and wealth management services, SBI stands out with revenues of ₹350,844 crores and a net income of ₹473,378 crores.

HDFC Bank

Top 10 Largest Banks in India

A prominent private sector bank, HDFC Bank has gained recognition for its strong financial performance. Catering to retail, corporate, and institutional customers, the bank places a strong emphasis on technology and innovation, providing convenient digital banking solutions and personalized customer experiences. With revenues of ₹170,750 crores and a net income of ₹204,666 crores, HDFC Bank maintains its stature.

ICICI Bank

Top 10 Largest Banks in India

As one of India’s largest private sector banks, ICICI Bank serves a broad customer base both domestically and internationally. The bank’s hallmark includes a customer-centric approach, competitive interest rates, and technologically advanced banking solutions. It reports revenues of ₹121,066 crores and a net income of ₹186,178 crores.

Punjab National Bank (PNB)

Net Banking Punjab National Bank: Complete Guide 2025
Top 10 Largest Banks in India

A prominent public sector bank, PNB offers a wide spectrum of banking services including retail and corporate banking, along with international banking services. Known for its presence in rural and semi-urban areas, PNB has a strong commitment to financial inclusion. The bank’s revenues amount to ₹86,845 crores with a net income of ₹28,132 crores.

Bank of Baroda (BoB)

Bank of baroda
Top 10 Largest Banks in India

Bank of Baroda is a well-known public sector bank with a large number of branches and a global presence. It provides services in retail and corporate banking, along with treasury operations. BoB is known for its customer-focused approach and innovative digital initiatives. The bank has reported revenues of ₹94,138 crores and a net income of ₹32,528 crores.

Axis Bank

Axis Bank Share Price Today
Top 10 Largest Banks in India

A private sector bank, Axis Bank is notable for its comprehensive suite of banking and financial services catering to various customer segments. The bank’s focus on digital banking contributes to a seamless and user-friendly banking experience. With revenues of ₹87,448 crores and a net income of ₹106,154 crores, Axis Bank retains its significance.

Canara Bank

Canara 6
Top 10 Largest Banks in India

Esteemed as a well-established public sector bank, Canara Bank’s reach extends across India. Offering retail, corporate, and treasury banking services, the bank places importance on financial inclusion, particularly in rural and semi-urban areas. With revenues of ₹85,884 crores and a net income of ₹111,209 crores, Canara Bank sustains its impact.

Union Bank of India

Union Bank of India
Top 10 Largest Banks in India

As a public sector bank, Union Bank of India distinguishes itself through comprehensive banking solutions and a customer-centred approach. The bank’s offerings encompass retail, corporate, and international banking services, all underpinned by innovative and technology-driven experiences. The bank reports revenues of ₹81,163 crores and a net income of ₹97,078 crores.

Bank of India (BOI)

916716 bank of india new

Recognized as a nationalized bank, the Bank of India boasts an expansive branch network and diverse banking services. With revenues of ₹47,931 crores and a net income of ₹55,142 crores, BOI continues its impactful journey.

IndusInd Bank

Indusind bank
Top 10 Largest Banks in India

As a prominent private sector bank, IndusInd Bank serves a wide array of retail, corporate, and institutional customers through its extensive branch and ATM network. Prioritizing personalized banking solutions and superior customer service, IndusInd Bank reports revenues of ₹36,367 crores and a net income of ₹44,540 crores.


FAQs

What are the top 10 largest banks in India?

The top 10 largest banks in India, based on market capitalization as of 2025, are
HDFC Bank
State Bank of India (SBI)
ICICI Bank
Axis Bank
Kotak Mahindra Bank
IndusInd Bank
Bank of Baroda
Punjab National Bank (PNB)
Union Bank of India
Canara Bank

What factors determine the size of a bank?

The size of a bank can be determined by several factors, including:
Market capitalization: This refers to the total market value of a bank’s outstanding shares.
Total assets: This refers to the total value of everything a bank owns, including cash, loans, and investments.
Customer base: This refers to the number of individual and institutional customers a bank serves.
Net profit: This refers to the amount of money a bank makes after all expenses have been paid.

What are the primary categories of banks in India?

India’s banking sector is primarily divided into public sector banks (PSBs), private sector banks, and foreign banks.

Tags: Axis BankBank of BarodaBank of IndiaCanara BankHDFCICICI BankPNBSBIUnion Bank of India
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