Now, we have ranked the top 10 government banks in India by market cap through the list above. Let’s take a closer look: Note: The revenue data for FY24 is sourced from BSE India. Bank of Baroda ...

Punjab National Bank (PNB) is next on the list of the Indian top 10 banks and ... Union Bank of India, which is another public sector bank under the management of the Indian government.

HDFC Bank is the largest bank in India in terms of market cap and the thirteenth-largest bank in the world on the same terms. As one of the leading private banks in India, it holds a prominent ...

Previously, the government has already merged State Bank of India with its affiliate banks, and Bank of Baroda with Vijaya Bank and Dena Bank. Apart from the mergers, Ms Sitharaman also announced ...

Regional rural banks are 50% owned by the federal government, 35% by sponsor or scheduled banks and 15% by state governments. India started consolidating the sector in 2004-05, reducing the number ...