Top Banks of India 2009
Last month, Dun & Bradstreet, the world’s leading provider of global business information announced the top banks in India in a publication titled “India’s Top Banks 2009″.
The Top Banks of India 2009 based on the performance in year 2008 are:
| S.No. | Bank | Winning Category |
|---|---|---|
| 1 | Bank of India | Overall Best Bank |
| 2 | Bank of India | Best Public Sector Bank |
| 3 | Axis Bank Ltd | Best Private Sector Bank |
| 4 | Citibank N A | Best Foreign Bank |
| 5 | Punjab National Bank | Priority Sector Lending (Public Sector) |
| 6 | The Federal Bank Limited | Priority Sector Lending (Private Sector) |
| 7 | ABN AMRO Bank N.V. | Priority Sector Lending (Foreign Banks) |
| 8 | State Bank of India | SME Financing (Public Sector) |
| 9 | ICICI Bank Limited | SME Financing (Private Sector) |
| 10 | HSBC | SME Financing (Foreign Banks) |
| 11 | State Bank of Hyderabad | Asset Quality (Public Sector) |
| 12 | The South Indian Bank Ltd | Asset Quality (Private Sector) |
| 13 | HSBC | Asset Quality (Foreign Banks) |
| 14 | Bank of Baroda | Global Business Development (Public Sector) |
| 15 | ICICI Bank Limited | Global Business Development (Private Sector) |
| 16 | State Bank of India | Rural Reach (Public Sector) |
| 17 | Tamilnad Mercantile Bank Ltd | Rural Reach (Private Sector) |
Source: Dun&Bradstreet
Most of the above banks do not trade in the US markets. ICICI Bank Limited is listed on the NYSE with ticker IBN. State Bank of India, India’s largest state owned bank does not trade in the US. The other Indian bank, HDFC Bank Ltd (HDB) did not win a award.
Related:
The 10 Most Profitable Banks in IndiaÂ
The Top 10 Banks in India Based on Assets
The following are the India-specific ETFs:
1.WisdomTree India Earnings Fund (EPI)
2.PowerShares India Portfolio (PIN)
3.iPath MSCI India Index (INP)
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Comments
Kindly provide email Id or contact no where we can apply for banks job in front office.
Thank You !
santosh
Hetal
Thanks for the comment.The India’s Top Banks for 2009 was based on the original report compiled by Dun&Bradstreet firm in India.You can check out their site for the 2009 list. I think it will be out in Feb of next year only.
Santosh
Thanks for the note.Unfortunately I am not located in India and I do not provide job referral services. You can check out individual bank sites for job opportunities or sites like monster.
hi,
this Chaitanya, what are the parmetters taken in “Top Banks of India2009″.who is monerating the contast. just i know the infermation. iam inerest in R&D. iam working banking sector. if you have information about Banking. Please farward to me .
Hi, which bank was received the Best Bank award in ‘efficiency’ category? Does this category no longer exist? Thank
Manoj
I am not sure which bank received the award in ‘efficiency’.Seems like this category does not exist.
You may want to do some research online.
Thanks
-David
Rahul
Some of the good banks are listed above. Please do some research online in Google and Wikipedia.
-David
See my today’s post here:
http://topforeignstocks.com/2009/12/22/indias-best-banks-2009/
Dear David,
Many thanks for the info collated.Numbers always do not potray the truth.What’s important is the Customer satisfaction- be it a savings bank holder or an SME. In India from my experience large Industrial houses get what they want and on their terms from the Banks(both Private and Public Sector)at the cost of small and medium industrialists/customers of the Bank.Some of the so called Leading Public Sector Banks are full of incompetent and arrogant officers.
I am a doctoral student carrying out my study on retail banking innovations. I just wanted to know whether your “INDIA’S TOP BANKS – 2009″ REPORT is out ? I checked your website but it still shows the report for the year 2008. By wnat date (approx.) it will be available ?