17 Indian banks in the global 500 list

Brand Finance PLC, UK based brand Valuation Company has released the BrandFinance Global Ranking 500. This list gives a comprehensive list of all the banks across the world with the rankings based on their methodology. The methodology is more toward brand related and is not based on market valuations alone.

1. State Bank of India
2. ICICI Bank
3. HDFC Bank
4. Punjab National Bank
5. Bank of India
6. Canara Bank
7. Bank of Baroda
8. Axis Bank
9. Kotak Bank
10. Union Bank of India
11. Indian Overseas Bank
12. IDBI Bank Limited
13. State Bank of Patiala
14. Indian Bank
15. Power Finance Corp
16. Oriental Bank of Commerce
17. Syndicate Bank

The list is dominated by the public sector banks punctuated by a few known private sector banks. IT majors and other companies have made it clear that they trust the PSU’s over private banks for their savings.