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Top 10 Banks In India By Market Cap
As of 2025, India’s banking sector is dominated by a few large players with substantial market capitalizations. HDFC Bank leads with a market cap of ?13.81 lakh crore, followed by ICICI Bank at ?9.43 lakh crore. State Bank of India (SBI), the largest public sector bank, ranks third with ?6.81 lakh crore. Other significant banks include Kotak Mahindra Bank and Axis Bank, with market caps of ?4.26 lakh crore and ?3.39 lakh crore, respectively. Public sector banks like Bank of Baroda, Punjab National Bank, and Union Bank of India also make the list, though with smaller valuations compared to their private-sector counterparts. These banks play a vital role in India’s financial ecosystem, driving economic growth and innovation.
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