Top 4 Private Banks in India - List of Best Private Banks in 2020
Top 4 Private Banks in India: Day by day the Indian economy is rising at an alarming rate. It is not only for the largest population but also depends on various economics variants across people. However, India has a total of 12 public government banks & 22 private sector banks.
However, previously we have discussed about Top 10 Best Banks in India & if you still not read that article read now.
Below we have listed all Top 4 Private Banks in India,
- HDFC Bank
- Axis Bank
- ICICI Bank
- Yes Bank
- Kotak Mahindra Bank
Top 4 Private Banks in India - 2020
Full details of Top 4 Private Banks in India are discussed below,
1. HDFC Bank
Key person | Shyamala Gopinath (*Non-Exe Chairperson) |
Founded | August 1994 |
Tagline | We understand your world |
Products / Services | Credit cards, consumer banking, banking, finance and insurance, investment banking, mortgage loans, private banking, private equity, wealth management |
Net income | ₹211 billion (US$3.0 billion) (2019) |
Operating income | ₹233 billion (US$3.3 billion) (2019) |
Revenue | ₹1,166 billion (US$16 billion) (2019) |
Total assets | ₹11,894 billion (US$170 billion) (2019) |
Total Number of employees | 104,154 (June 30, 2019) |
2. Axis Bank
Key person | Shri Rakesh Makhija (Chairperson) |
Founded | 1993 |
Tagline | Badhti ka Naam Zindagi |
Products / Services | Credit cards, consumer banking, banking, finance and insurance, investment banking, mortgage loans, private banking, private equity, wealth management |
Net income | ₹46.77 billion (US$660 million) (2019) |
Operating income | ₹190.05 billion (US$2.7 billion) (2019) |
Total assets | ₹8.00997 trillion (US$110 billion) (2019) |
Total Number of employees | 72000 (2019) |
3. ICICI Bank
Key person | Girish Chandra Chaturvedi (Chairperson) |
Founded | 5 January 1994 |
Tagline | "Hum Hai Na..." |
Products / Services | Retail banking, corporate banking, investment banking, mortgage loans, private banking, wealth management, credit cards, finance and insurance |
Net income | ₹6,709 crores (US$940 million) (2019) |
Operating income | ₹20,711 crores (US$2.9 billion) (2019) |
Revenue | ₹67,803 crores (US$9.5 billion) (2019) |
Total assets | ₹1,007,068 crores (US$140 billion) (2019) |
Total Number of employees | 84,922 (2019) |
4. Kotak Mahindra Bank
Key person | Prakash Apte (Chairperson) |
Founded | February 2003 |
Tagline | Lets make money simple |
Products / Services | Credit cards, consumer banking, banking, finance and insurance, investment banking, mortgage loans, private banking, private equity, wealth management |
Net income | 560 million US dollars (2019) |
Operating income | 1.2 billion US dollars (2019) |
Revenue | 4.1 billion US dollars (2019) |
Total assets | 31 billion US dollars (2019) |
Total Number of employees | 33,013 (2017) |
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