13 Best Banks of India

6. Punjab National Bank

Awarded: Priority Sector Lending – Public Sector

This financial services company, Punjab National Bank (PNB) is the third largest bank in India by assets. With 5000 branches across 764 cities, PNB is currently the second largest state-owned commercial bank in India ahead of Bank of Baroda. PNB is also ranked as the 248th biggest bank in the world by the Bankers Almanac, London. Among its other achievements, Punjab National Bank was ranked 26 in the Fortune India 500 ranking of 2011 and 1243rd in the Forbes Global 2000.

7. Yes Bank

Awarded for: Priority Sector Lending - Private Sector

Yes Bank is a private bank, founded by Ashok Kapur and Rana Kapoor. Collectively the duo holds 27.16 percent stake in this bank. YES Bank has received noteworthy national and international recognitions which include Mr. Rana Kapoor, Founder, MD & CEO being recognized as the Entrepreneurial Banker of the Decade (2001-2010) by Bombay Management Association, India's No. 1 New Private Sector Bank in the Financial Express-E&Y Best Banks Survey 2010, India's Fastest Growing Bank of the Year at the Bloomberg UTV Financial Leadership Awards 2011.

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