10 Most Preferred Banks By Indians In 2013


Bangalore:  Banks have become most important part of our daily lives where all our financial transactions are taken best care of.

Many financial institutions are gearing up to attract users by offering many incredible services be it loans with low interest rates or saving options upon shopping among many others. But only few succeeded in this rush hour of best banking services offered to the users. Here are the 10 best banks in India that were most preferred by the users in 2013 as compiled by Yahoo Finance.

1. Axis Bank

Axis Bank is now the country's third-largest lender that has delivered growth with profitability and also with stunning consistency for several years. In last five years its advances grew up to 26 per cent, profits moved up to 37 percent and deposits rose at a compound annual rate of approximately 23 percent. In addition to these even the home loans have accounted for 64 percent of retail loans. "Our strategy has been to serve primarily Indian customers with a full suite of offerings," says Shikha Sharma, Managing Director and CEO as reported in Business Today.

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