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India's 8 Best Banks
By siliconindia
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Tuesday, 22 November 2011, 00:52 IST |
6 Comments
Bangalore: The KPMG has made a survey on the best banks in India on the basis of their deposits and operating profits. Moody investor services started an argument on the healthiness of India's banking system after the drop in their business. This brought the banks under the spotlight. Here are the 10 best banks listed which has a balance sheet amounted larger than 
50,000 Crore.
1. Bank of Baroda:
The third largest bank in India after Punjab national and HDFC bank has topped the list of best banks in India. The bank was founded on July 20, 1908 by the king of Baroda, Sir Sayajirao Gaekwad III. The bank was nationalized on July 19, 1969 by the government of India when 13 other banks were also commercialized. The total deposit in this bank is 305439 Crore with operating profits of 6,982 Crore. They have 3620 branches spread all over India. M.D Mallya is the Chairman and the MD of the Bank.
50,000 Crore.
1. Bank of Baroda:
305439 Crore with operating profits of 6,982 Crore. They have 3620 branches spread all over India. M.D Mallya is the Chairman and the MD of the Bank.
