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India's Most Succesful Banks

1.BANK OF BARODA

BANK OF BARODA WITH DEPOSITS OF RS 305,439 CRORE (RS 3,054.39 BILLION) AND AN OPERATING PROFIT OR RS 6,982 CRORE (RS 69.82 BILLION), IT IS RATED THE TOP INDIAN BANK BY BUSINESS TODAY AND KPMG, A GLOBAL CONSULTING FIRM.
IT WAS FOUNDED BY THE MAHARAJA OF BARODA.



2. HDFC BANK


THE HDFC BANK WAS INCORPORATED IN THE YEAR 1994 (AUGUST) AFTER THE RESERVE BANK OF INDIA ALLOWED ESTABLISHING PRIVATE SECTOR BANKS. SINCE THEN IT HAS GROWN TO BE ONE OF THE MAJOR INDIAN FINANCIAL SERVICES COMPANY IN THE COUNTRY.
PROMOTED BY THE HOUSING DEVELOPMENT FINANCE CORPORATION, THE BANK



             3. AXIS BANK

THE AXIS BANK WAS ALSO ONE OF THE MAJOR FINANCIAL SERVICES FIRMS THAT WERE INCORPORATED IN 1994 AFTER THE GOVERNMENT OF INDIA ALLOWED NEW PRIVATE BANKS TO BE ESTABLISHED.
FORMERLY UTI BANK, THE BANK WAS PROMOTED JOINTLY BY THE ADMINISTRATOR OF THE SPECIFIED UNDERTAKING.



                     4. YES BANK

FOUNDED IN THE YEAR 2003-04 BY ASHOK KAPOOR AND RANA KAPOOR, YES BANK IS HEADQUARTERED IN MUMBAI.
THE BANK IS EXTENSIVELY INVOLVED IN CORPORATE AND INSTITUTIONAL BANKING, FINANCIAL MARKETS, INVESTMENT BANKING, CORPORATE FINANCE, BRANCH BANKING, BUSINESS AND TRANSACTION.
5. STATE BANK OF HYDERABAD
EARLIER KNOWN AS THE HYDERABAD STATE BANK, IT WAS ESTABLISHED IN 1942, DURING THE REIGN OF THE LAST NIZAM OF HYDERABAD, MIR OSMAN ALI KHAN. IT WAS IN 1956 THAT IT WAS RENAMED TO STATE BANK OF HYDERABAD AND ITS ENTIRE SHARE CAPITAL VESTED WITH THE RESERVE BANK OF INDIA. IT LATER BECAME A SUBSIDIARY OF SBI.
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