The past month has shown us how much we depend on banks for everyday survival. At a time when bank employees are relentlessly working extra shifts to deal with the demonetization upheaval in this country, we have looked into the biggest banks in India and their employee strength.
Here’s our list of top 10 biggest banks in India.
As one of the oldest and biggest multinational public sector banks in India, SBI tops the list. It employs nearly 3 Lakh people all over the country and has USD 42 billion revenue. Its total assets is about USD 460 billion.
A very popular name in private banking sector, HDFC Bank has about 88,000 employee working for them in all over India. The bank also has presence in Bahrain, Hong Kong and Dubai. Its asset is estimated about USD 66.7 billion.
ICICI is one of the leading international banks in India. Its total assets around USD 109 billion makes it the second biggest bank in India. Nearly 75,000 people work in ICICI Bank.
PNB is a state owned financial corporation based in New Delhi. As of 2015 data, its total assets is USD 96 billion. It has employee strength of over 63,000 people.
Axis Bank, another prominent name in private sector banking, has a total asset of USD 78 billion. Around 57,000 people are employed by the company.
This state-owned bank is headquartered in Bangalore and has offices in London. Hong Kong, Moscow, Shanghai, Doha, Bahrain, South Africa, Dubai, Tanzania and New York. Its asset is estimated about USD 70 billion and has employee strength of about 54,000.
Founded in 1908, Bank of Baroda is a public sector bank with total assets of USD 100 billion. The bank employs approximately 42,000 employees.
UBI is one of the oldest and largest public sector banks in India. Its revenue is estimated about USD 3.1 billion. Around 37,000 people work for the company at present.
This government owned bank is headquartered in Mumbai and has 1853 branches in the country. Its total assets value at USD 56 billion, making it one of the biggest banks in India. It has employee strength of around 17,000.
The 110 years old public sector bank has total assets of USD 96 billion. According to its LinkedIn company page, around 5001-10,000 people are working at BoI.