TOP FIVE PRIVATE SECTOR BANKS IN INDIA 2020

These are the TOP FIVE PRIVATE SECTOR BANKS IN INDIA

According to a recent survey in india , Bankingsuvidha.com declares top five private sector banks in india. This survey is based on customer service, Fees and charges,interest rates, Processing time for various banking activities,Banks online presence e.g., Internet- banking, mobile banking apps, UPI,
Atm and Branch penetration, Third party products, Online banking and mobile banking applications
safety,security and graphical user experience and After sales service.

So First of the TOP five is-

HDFC BANK


It is one of India’s leading private sector bank and was among the first to receive approval from the Reserve Bank of India (RBI) to set up a private sector bank in the year 1994.

HDFC Bank has a banking network of 5,345 branches and 14,533  ATM  spread across 2,787 cities and towns in india.


Second of the TOP five banks is -


It was originally promoted in 1994 by ICICI Limited, an Indian financial institution, and was its wholly-owned subsidiary. ICICI Bank is one of the leading private sector bank in India. The Bank’s total assets stood at Rs.12.50 trillion at June 30, 2019. ICICI Bank currently has a network of 5,275 branches and 15,589 ATMs pan India.



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Third of the TOP five banks is-


It is the third largest private sector bank in India. Axis  Bank offers the entire portfolio of financial services to customer segments covering Large and Mid-Corporates, MSME, Agriculture and Retail Businesses.
The Bank has a large penetration of 4,528 domestic branches with 12,044 ATMs & 5,433 cash recyclers pan india. 

The fourth one is-
From launching Kotak Mahindra Finance Ltd. in 1985 to becoming one of the country’s most trusted financial institutions today, KOTAK MAHINDRA BANK has high revenue of Rs. 28,547.24 Crores It has earned the reputation of being a leading private sector bank in India. Founded in the year 2003, the bank has 1,390 branches  with 2,100+ ATMs in india.
On the Fifth Position is-
Yes Bank was established in the year 2004, It deals in  asset management services and retail banking functions, along with investment banking, corporate finance, branch banking,  and SME banking facilities. It's One of the fastest growing private banks of the nation, it has  revenue of Rs. 25,419 crores in the year 2019. YES bank has  1,122 branches and  1,220 ATMs in india.

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