7 Most Trustworthy Banks in India


BANGALORE: Banks or financial institutions have become the most important part of almost everyone’s lives. Today, almost all the banks are gearing up to attract users by offering many incredible services like saving options while shopping or loans with low interest rates. But, there are only few banks that are able to keep up the trust among the people. Here is the list of most trusted banks in India as listed by Yahoo Finance.

1. State Bank of India: SBI tops this list. It is a state-owned corporation and is the largest banking and financial services company in India by revenue, assets and market capitalization. It is headquartered in Mumbai. Total assets of SBI come up to U.S. $388 billion; also it has around 17000 branches with 190 foreign offices. It has five associate banks; all use the same logo of a blue circle and all the associates use the "State Bank of" name, followed by the regional headquarters' name: State Bank of Bikaner and Jaipur, State Bank of Hyderabad, State Bank of Mysore, State Bank of Patiala, State Bank of Travancore.