How many public sector banks in Kerala?

The total number of bank branches in Kerala as on March 2020 is 7576 which includes public sector commercial banks, private sector commercial banks, regional rural banks, small finance banks and co-operative banks as per the State Level Bankers Committee (SLBC) data.

How many banks are there in Kerala?

There are more than 50 commercial banks in Kerala with over 3500 branches all over Kerala.

Which is the largest public sector bank in Kerala?

State Bank of India (SBI) Having 23% of shares of the total market assets in India, this bank is the largest public sector bank of India and tops the list of best banks in India.

Which bank have most branches in Kerala?

State Bank of India
State Bank of India, the largest bank in India, for instance, has 1,216 branches in Kerala at present and a deposit base of Rs.

Who is the No 1 bank in India?

DBS Bank has taken the top position in a list of the best banks in India, This is DBS Bank’s second consecutive win out of 30 domestic and international banks operating in India. The list was compiled by Forbes in partnership with market research firm Statista.

Is Axis Bank a government bank?

Axis Bank is the first private sector bank authorized by the Reserve Bank of India (RBI) and Government of India to collect taxes on behalf of the State Governments. Since 1 October 2003, Axis Bank has been able to handle all Central Government Business and State Government Business.

Which is best bank in Kerala?

Banks Kerala , Ahmedabad

  • State Bank Of India. 4.4. 26 Ratings.
  • Kotak Mahindra Bank. 4.7. 25 Ratings.
  • ICICI Bank Ltd. 4.5. 22 Ratings.
  • HDFC Bank Ltd. 4.1. 13 Ratings.
  • Kalupur Commercial Co-Operative Bank Ltd. 4.5. 11 Ratings.
  • Punjab National Bank. 4.0. 11 Ratings.
  • The Ahmedabad District Co Operative Bank Ltd. 4.8.
  • Central Bank Of India. 4.4.

Which is the No 1 bank in India?

1. HDFC Bank

Type Private Company
Area served India
Products Banking
Asset ₹1,189,432 crore (US$170 billion) (2019)
Number of Branches 5,314 (30th September 2019)

Who is the richest bank in India?

ICICI Bank
A. ICICI Bank is the largest private bank in India. The bank’s consolidated assets are worth Rs.

Which is the No 1 government bank in India?

1. State Bank of India. With a legacy of over 200 years, State Bank of India (SBI) traces its ancestry to the Bank of Calcutta founded in 1806 and is the oldest commercial bank in the Indian subcontinent. SBI is an Indian multinational, public sector banking and financial services statutory body.

Which is the safest bank in Kerala?

List of Best, Safe Banks in India

  • 1) HDFC Bank. If market confidence is a measure of the soundness of a Bank, then HDFC Bank takes the cake.
  • 2) State Bank of India.
  • 3) ICICI Bank.
  • 4) AXIS Bank.
  • 7) Kotak Mahindra Bank, IndusInd Bank.

Which is the safest bank in India?

Ranking

Bank Name Score
Federal Bank Ltd 4.00
HDFC Bank Ltd 4.00
ICICI Bank Ltd 4.00
IndusInd Bank Ltd 4.00

Which is the only private bank in Kerala?

The new bank is thus posed as an alternative to the commercial banking network in Kerala that includes 21 public sector banks, one gramin bank, 19 private commercial banks and two small finance banks.

How many public sector banks are there in India?

List of Public-Sector Banks in India as of 1 April 2020: List of Private Banks: At present, there are 19 private banks in India as of 27 November 2020. List of Regional Rural Bank: At present, there are 43 RRBs in India as of 1 November 2020.

How many PACs and urban cooperative banks in Kerala?

In addition to the 14 district cooperative banks, Kerala’s cooperative network has 1,692 PACS and 16 licensed urban cooperative banks, which now form the members/shareholders of Kerala Bank. The PACS and the urban cooperative banks together have 4,500 branches and over Rs. 1 lakh crore in deposits.

Which is an example of a public sector bank?

Public Sector Banks: – Majority of stake is held by the government. Examples of Public Sector Banks are; Punjab National Bank, state bank of India and Central Bank of India, etc. 3. Foreign Banks:- These are the banks with Head office outside the country in which they are located.