Over here we are going to give a ranking for the top 10 best banks in India for the year of 2020 and we have made out this based on certain factors which we will describe it out below.
This list actually contains both Private Sector Banks and Public Sector Banks.
Best Banks in India to Open Demat
This one Bank of Baroda is the second oldest public sector bank that has been still being operational only after the State Bank of India.
They are having a total no of assets which were worth nearly more than 3 trillion in rupees and they been operational in more than 6000 branches with no of ATM’s available in the country close to 10000.
The headquarters of the bank being located out at the Bangalore region but actually the first branch of the bank being established at the Mangalore.
HDFC Bank stands at third position in the list of Top 5 and they are one of the best Bank service providers in the Private sector banking with Branches more than 4500 and headquartered at the Mumbai region.
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They have known as the One of the Fastest growing Private Sector Bank in the Country because they have achieved some big growth which no other private sector banks have achieved out so far.
And so far now they have branches all over the country around 1278 branches in approximate.
Kotak Mahindra Bank
They have got their official license of registration from the Reserve Bank of India during the year of 2003 and they have been Headquartered at the Mumbai region since then, Actually, they have recently acquired the ING Vysya Bank in the year of 2015 itself for the price of $150 billion.
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PNB has been officially running out by the Government of India, and this bank was founded out in the year of 1894 itself during the British period, the headquarters of the bank is located at the national capital New Delhi.
What we Considered
We wanted to you know what are the factors we considered while making out the list, and they are
- No of newly added customers.
- Net profit for the past year.
- The number of existing customers left the bank.
- Previous year performance.
And that’s the end of our long list of Top Banks in India where you can easily open out your Demat Account.