13 Best Banks of India


10. ICICI Bank

Awarded for: 1) SME Financing - Private Sector, 2) Global Business Development - Private Sector, and 3) Rural Reach – Private Sector

ICICI Bank is an Indian diversified financial services company headquartered in Mumbai, Maharashtra. As of March 31, 2012, it is the second largest bank in India by assets of 4,736.47 billion and third largest by market capitalization. The Bank, together with its subsidiaries, joint ventures and associates, is a diversified financial services group providing a range of banking and financial services, including commercial banking, retail banking, project and corporate finance, investment banking, broking and treasury products and services.

11. Bank of Maharashtra

Awarded for: Asset Quality - Public Sector

Bank of Maharashtra is a public sector bank. Its operating segments include Treasury, Corporate/ Whole sale Banking Segments, Retail Banking Segments and other Banking Operations segment. During the fiscal year ended March 31, 2012 (fiscal 2011), the Bank opened 53 new branches. As of March 31, 2012, the total branch network consisted of 1589 branches. The branch network includes specialized branches of foreign exchange, government business, treasury and international banking, industrial finance, hi-tech agriculture, pension payment, pension processing, retail credit, self help group and asset recovery.

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