India’s Best Public, Private and Foreign Banks

The Financial Express newspaper of India published India’s Best Banks in March this year. The banks were ranked based on the following factors:

  • Strength & Soundness
  • Growth
  • Profitability
  • Efficiency
  • Credit Quality

India’s Best Banks

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HDFC Bank (HDB) took the top rank in the New Private Sector Bank category. ICICI Bank (IBN) was ranked at number four. The capital adequacy ratio was 15.69% and 15.53% for HDFC and ICICI respectively based on 2009 results.

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