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LTP
-42.70 (-5.37%)
Volume
1,06,39,422
Market Cap
₹59,213 Cr
52W Low
₹478.35
52W High
₹841.00
LTP
-0.30 (-0.03%)
Volume
1,46,37,090
Market Cap
₹3,40,883 Cr
52W Low
₹933.50
52W High
₹1,318.60
LTP
-5.37 (-2.87%)
Volume
1,56,60,552
Market Cap
₹30,157 Cr
52W Low
₹128.16
52W High
₹222.31
LTP
-1.46 (-0.60%)
Volume
43,28,838
Market Cap
₹1,26,569 Cr
52W Low
₹190.70
52W High
₹266.95
LTP
-0.57 (-0.50%)
Volume
32,52,641
Market Cap
₹52,333 Cr
52W Low
₹90.05
52W High
₹130.24
LTP
-0.12 (-0.21%)
Volume
59,60,943
Market Cap
₹43,573 Cr
52W Low
₹42.00
52W High
₹70.77
LTP
-2.36 (-2.06%)
Volume
2,00,39,386
Market Cap
₹1,03,768 Cr
52W Low
₹78.60
52W High
₹119.30
LTP
15.40 (4.98%)
Volume
3,92,390
Market Cap
₹1,400 Cr
52W Low
₹250.00
52W High
₹356.65
LTP
-0.10 (-0.26%)
Volume
74,03,375
Market Cap
₹34,513 Cr
52W Low
₹32.75
52W High
₹67.64
LTP
0.16 (0.08%)
Volume
6,88,025
Market Cap
₹15,776 Cr
52W Low
₹142.91
52W High
₹232.55
LTP
-7.20 (-1.67%)
Volume
4,59,074
Market Cap
₹7,486 Cr
52W Low
₹272.75
52W High
₹434.05
LTP
-0.47 (-0.32%)
Volume
11,27,793
Market Cap
₹4,623 Cr
52W Low
₹101.41
52W High
₹150.79
LTP
-0.46 (-1.53%)
Volume
8,49,292
Market Cap
₹1,186 Cr
52W Low
₹22.00
52W High
₹37.49
LTP
-0.29 (-0.46%)
Volume
10,86,092
Market Cap
₹7,219 Cr
52W Low
₹52.52
52W High
₹91.94
LTP
-0.05 (-0.15%)
Volume
3,54,081
Market Cap
₹1,716 Cr
52W Low
₹24.31
52W High
₹53.15
LTP
0.45 (0.21%)
Volume
41,66,612
Market Cap
₹52,158 Cr
52W Low
₹172.66
52W High
₹220.00
LTP
-3.70 (-1.32%)
Volume
2,58,938
Market Cap
₹2,329 Cr
52W Low
₹200.00
52W High
₹467.00
LTP
35.80 (1.83%)
Volume
90,58,231
Market Cap
₹15,00,917 Cr
52W Low
₹1,588.05
52W High
₹2,027.10
LTP
38.00 (2.67%)
Volume
1,13,93,862
Market Cap
₹10,18,009 Cr
52W Low
₹1,153.00
52W High
₹1,471.60
LTP
-1.20 (-1.22%)
Volume
78,94,375
Market Cap
₹1,06,019 Cr
52W Low
₹65.89
52W High
₹107.90
LTP
0.97 (1.33%)
Volume
1,57,68,418
Market Cap
₹53,597 Cr
52W Low
₹52.46
52W High
₹78.45
LTP
1.35 (0.21%)
Volume
4,93,352
Market Cap
₹85,047 Cr
52W Low
₹473.90
52W High
₹658.50
LTP
0.05 (0.13%)
Volume
74,43,728
Market Cap
₹76,603 Cr
52W Low
₹33.50
52W High
₹72.60
LTP
-15.05 (-1.73%)
Volume
56,89,092
Market Cap
₹67,790 Cr
52W Low
₹606.00
52W High
₹1,498.00
LTP
-1.66 (-1.46%)
Volume
20,44,743
Market Cap
₹12,537 Cr
52W Low
₹86.61
52W High
₹123.70
LTP
6.95 (1.42%)
Volume
85,436
Market Cap
₹5,152 Cr
52W Low
₹363.80
52W High
₹714.00
LTP
0.14 (0.07%)
Volume
4,23,977
Market Cap
₹7,251 Cr
52W Low
₹162.20
52W High
₹245.00
LTP
1.60 (0.60%)
Volume
44,36,489
Market Cap
₹21,591 Cr
52W Low
₹185.55
52W High
₹277.50
LTP
19.90 (0.93%)
Volume
12,30,884
Market Cap
₹4,25,665 Cr
52W Low
₹1,679.05
52W High
₹2,301.90
LTP
-0.26 (-0.81%)
Volume
35,75,822
Market Cap
₹22,897 Cr
52W Low
₹25.22
52W High
₹73.64
LTP
-0.75 (-0.66%)
Volume
94,77,650
Market Cap
₹1,30,273 Cr
52W Low
₹85.46
52W High
₹128.80
LTP
-1.99 (-0.76%)
Volume
1,39,62,500
Market Cap
₹16,031 Cr
52W Low
₹146.10
52W High
₹272.88
LTP
-0.84 (-2.81%)
Volume
1,48,21,363
Market Cap
₹7,815 Cr
52W Low
₹22.27
52W High
₹32.25
LTP
-0.20 (-0.02%)
Volume
68,38,882
Market Cap
₹7,34,764 Cr
52W Low
₹680.00
52W High
₹899.00
LTP
-2.34 (-1.66%)
Volume
85,527
Market Cap
₹1,493 Cr
52W Low
₹97.97
52W High
₹205.25
LTP
0.30 (0.07%)
Volume
66,268
Market Cap
₹7,211 Cr
52W Low
₹401.00
52W High
₹513.55
LTP
-0.40 (-1.24%)
Volume
1,11,16,328
Market Cap
₹40,277 Cr
52W Low
₹26.81
52W High
₹60.68
LTP
-1.03 (-2.11%)
Volume
63,63,613
Market Cap
₹9,454 Cr
52W Low
₹30.88
52W High
₹51.87
LTP
-4.08 (-2.79%)
Volume
1,88,28,882
Market Cap
₹1,11,451 Cr
52W Low
₹100.81
52W High
₹158.65
LTP
-0.12 (-0.52%)
Volume
16,00,242
Market Cap
₹2,541 Cr
52W Low
₹21.25
52W High
₹51.36
LTP
-0.04 (-0.20%)
Volume
10,11,03,094
Market Cap
₹63,268 Cr
52W Low
₹16.02
52W High
₹27.20
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The banking sector refers to the network of financial institutions, like banks and other financial intermediaries, that offers a comprehensive range of financial services to individuals, governments and businesses. These services primarily include lending money through loans, accounts, deposit services, facilitating transactions and more.
According to the RBI, the banking sector in India is well-regulated and capitalised. Notably, the industry has embraced innovative banking models, including payments and small finance banks. Initiatives like the Pradhan Mantri Jan Dhan Yojana and post-payment banks have expanded the sector’s reach.
As of March 2023, the banking system contains 22 private and 12 public sector banks, 46 foreign banks, 1,485 urban cooperative banks, 96,000 rural cooperative banks and 56 regional rural banks. There are 14,74,548 ATMs overall in the country.
As of 2022, over 80% of the population in India has a bank account, while it was 17% in 2009. The banking industry in India has experienced growth aided by the strong economic growth, growing disposable incomes, rising consumerism and simple credit accessibility.
The Indian fintech industry is estimated to reach US$ 150 billion by 2025, positioning it as the world’s third-largest fintech ecosystem. The country boasts over 2,000 DPIIT-recognised Financial Technology (FinTech) businesses, which are showcasing rapid growth. The digital payments landscape in India has witnessed remarkable evolution, earning global recognition. India’s Immediate Payment Service (IMPS) ranks at level five in the Faster Payments Innovation Index (FPII), standing out among 25 countries. Additionally, India’s Unified Payments Interface (UPI) has revolutionised real-time payments, making strides to enhance its global footprint.
Investing in Banking stocks via Angel One is easy. Simply follow these steps:
If you don’t have a Demat account with Angel One, you can open one for free online within minutes.
Banking sector stocks are stocks of companies that are part of the banking industry. These companies include commercial banks, investment banks, and other financial institutions.
Based on the market cap, HDFC Bank Ltd (₹11,05,644.07 crore), ICICI Bank Ltd (₹7,01,004.41 crore), State Bank of India (₹5,51,808.76 crore) and Kotak Mahindra Bank Ltd (₹3,55,511.49 crore) are the top banking stocks in India. The data is as of January 25, 2024.
While analysing the banking sector stocks, you must check certain factors like business models, growth in deposits, their competition and the financial health of the company by using financial ratios like the efficiency ratio, the Price-to-Book (P/B) ratio, capital ratios, etc.
The banking sector can offer opportunities for long-term growth. Banks and financial institutions have the potential to profit from the economic growth of the country in which they function.
Bank of Maharashtra Ltd is the best banking stock in India. As of January 25, 2024, the company’s 5-year CAGR is 30.97%.
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