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LTP
-13.25 (-1.84%)
Volume
31,78,457
Market Cap
₹53,814 Cr
52W Low
₹478.35
52W High
₹841.00
LTP
-5.30 (-0.50%)
Volume
49,33,541
Market Cap
₹3,29,282 Cr
52W Low
₹933.50
52W High
₹1,281.65
LTP
0.70 (0.43%)
Volume
34,64,110
Market Cap
₹25,977 Cr
52W Low
₹128.16
52W High
₹215.44
LTP
2.25 (0.96%)
Volume
37,98,598
Market Cap
₹1,21,398 Cr
52W Low
₹190.70
52W High
₹266.95
LTP
1.03 (0.92%)
Volume
42,19,395
Market Cap
₹50,922 Cr
52W Low
₹90.05
52W High
₹130.24
LTP
0.45 (0.87%)
Volume
48,10,539
Market Cap
₹40,035 Cr
52W Low
₹42.00
52W High
₹63.45
LTP
1.02 (0.97%)
Volume
91,79,806
Market Cap
₹95,378 Cr
52W Low
₹78.60
52W High
₹119.30
LTP
-4.30 (-1.50%)
Volume
68,418
Market Cap
₹1,296 Cr
52W Low
₹250.00
52W High
₹330.65
LTP
0.32 (0.91%)
Volume
44,79,764
Market Cap
₹31,725 Cr
52W Low
₹32.75
52W High
₹61.90
LTP
4.21 (2.13%)
Volume
6,04,246
Market Cap
₹14,624 Cr
52W Low
₹142.91
52W High
₹232.55
LTP
-2.40 (-0.64%)
Volume
4,40,153
Market Cap
₹6,481 Cr
52W Low
₹272.75
52W High
₹445.60
LTP
0.76 (0.62%)
Volume
7,42,975
Market Cap
₹3,870 Cr
52W Low
₹101.41
52W High
₹150.79
LTP
0.23 (0.92%)
Volume
5,98,491
Market Cap
₹986 Cr
52W Low
₹22.00
52W High
₹36.52
LTP
0.48 (0.94%)
Volume
29,71,453
Market Cap
₹5,804 Cr
52W Low
₹50.00
52W High
₹86.90
LTP
0.34 (1.17%)
Volume
1,95,816
Market Cap
₹1,493 Cr
52W Low
₹24.31
52W High
₹51.16
LTP
-0.02 (-0.01%)
Volume
30,69,260
Market Cap
₹47,590 Cr
52W Low
₹172.66
52W High
₹220.00
LTP
-2.70 (-0.95%)
Volume
2,67,835
Market Cap
₹2,377 Cr
52W Low
₹200.00
52W High
₹467.00
LTP
-6.10 (-0.64%)
Volume
1,41,96,320
Market Cap
₹14,59,712 Cr
52W Low
₹806.50
52W High
₹1,018.85
LTP
-16.80 (-1.19%)
Volume
71,63,073
Market Cap
₹10,07,360 Cr
52W Low
₹1,186.00
52W High
₹1,500.00
LTP
2.13 (2.45%)
Volume
94,98,444
Market Cap
₹93,578 Cr
52W Low
₹65.89
52W High
₹106.32
LTP
0.55 (0.80%)
Volume
1,51,82,005
Market Cap
₹50,579 Cr
52W Low
₹52.46
52W High
₹78.45
LTP
-4.45 (-0.67%)
Volume
4,86,773
Market Cap
₹90,011 Cr
52W Low
₹473.90
52W High
₹683.10
LTP
1.10 (2.83%)
Volume
2,05,38,172
Market Cap
₹74,793 Cr
52W Low
₹33.50
52W High
₹61.80
LTP
-1.65 (-0.22%)
Volume
13,30,606
Market Cap
₹58,641 Cr
52W Low
₹606.00
52W High
₹1,498.00
LTP
2.47 (2.47%)
Volume
15,22,124
Market Cap
₹11,017 Cr
52W Low
₹86.61
52W High
₹117.25
LTP
0.55 (0.11%)
Volume
1,92,514
Market Cap
₹5,164 Cr
52W Low
₹363.80
52W High
₹606.60
LTP
0.85 (0.49%)
Volume
7,78,994
Market Cap
₹6,598 Cr
52W Low
₹162.20
52W High
₹243.20
LTP
0.91 (0.44%)
Volume
14,68,476
Market Cap
₹20,291 Cr
52W Low
₹154.62
52W High
₹231.25
LTP
-26.10 (-1.33%)
Volume
25,83,419
Market Cap
₹3,91,272 Cr
52W Low
₹1,679.05
52W High
₹2,301.90
LTP
0.40 (1.42%)
Volume
14,69,812
Market Cap
₹20,017 Cr
52W Low
₹25.22
52W High
₹59.99
LTP
0.57 (0.56%)
Volume
78,52,890
Market Cap
₹1,17,573 Cr
52W Low
₹85.46
52W High
₹117.49
LTP
4.40 (1.66%)
Volume
1,15,39,140
Market Cap
₹16,225 Cr
52W Low
₹146.10
52W High
₹272.88
LTP
0.04 (0.14%)
Volume
36,62,470
Market Cap
₹7,703 Cr
52W Low
₹22.27
52W High
₹32.25
LTP
-2.15 (-0.27%)
Volume
50,75,460
Market Cap
₹7,43,895 Cr
52W Low
₹680.00
52W High
₹875.45
LTP
1.81 (1.48%)
Volume
76,937
Market Cap
₹1,299 Cr
52W Low
₹97.97
52W High
₹191.54
LTP
-0.25 (-0.06%)
Volume
84,041
Market Cap
₹6,699 Cr
52W Low
₹401.00
52W High
₹513.55
LTP
0.31 (1.09%)
Volume
83,84,171
Market Cap
₹35,851 Cr
52W Low
₹26.81
52W High
₹52.00
LTP
-0.24 (-0.55%)
Volume
42,40,312
Market Cap
₹8,394 Cr
52W Low
₹30.88
52W High
₹51.87
LTP
-0.60 (-0.47%)
Volume
38,55,316
Market Cap
₹97,863 Cr
52W Low
₹100.81
52W High
₹158.65
LTP
0.32 (1.54%)
Volume
17,71,368
Market Cap
₹2,297 Cr
52W Low
₹19.90
52W High
₹50.10
LTP
0.00 (0.00%)
Volume
7,18,24,126
Market Cap
₹61,327 Cr
52W Low
₹16.02
52W High
₹24.41
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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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