As of 2021, India had almost 100,000 scheduled banks, including approximately 98 thousand small rural and urban cooperative banks. In addition to cooperative credit institutions, the Indian banking system includes 12 public sector banks, 22 private sector banks, 46 foreign banks, 56 regional rural banks, 1485 urban cooperative banks, and 96,000 rural cooperative banks.
The total number of ATMs in India as of September 2021 was 213,145, with 47.5% located in rural and semi-urban regions. (Statista) Furthermore, market capitalization helps investors determine the total value of the firm. It is crucial to understand a company’s scale as well as the hazards linked with it. The current market price of one stock and the total number of outstanding stocks are used to calculate this value.
Having said that, let us now review the top 10 banks in India, as promised.
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Author : Leadzen AI |
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