Most Popular Banks In India
8. Ratnakar Bank
Ratnakar Bank is a private bank of India with almost 124 branches. At present, it is in the process of adding another 100 branches by 2015. It is headquartered in Mumbai, Maharashtra. Its branches have increased to 160 from 89. From past three years, its advances and deposits have reached to an annual rate of more than 70 percent. In addition to that the gross bad loans are less than one percent of the total advances. The bank is also looking for introducing new branches in regions that are away from cities. The best part is that while expanding its retail loans, it will also be focusing simultaneously on developing banking and agriculture sector too.
9. Dena Bank
Dena bank was founded by Devkaran Nanjee and established in 1938. It was named after the founder Devkaran Nanjee Banking Company. It is headquartered in Mumbai, Maharashtra and also one of the earliest banks in India. The bank was recognized as Public Limited Company in 1939 and was named as Dena Bank. It has approximately 1400 branches and features like – Drive-in ATM counter at Juhu, Mumbai, and Smart card in few branches in Mumbai, Minor savings scheme and so on.
10. State Bank of India
State Bank of India (SBI), a state-owned corporation, is the largest banking and financial services company in India by revenue, assets and market capitalization. SBI 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.
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