Calculate your SIP Returnexplore announcement button
Open Demat Account Login

Bank Stocks

India's banking sector, comprised of various financial institutions, offers a wide array of services to individuals and businesses. With innovative models and initiatives like Jan Dhan Yojana, the sector has expanded its reach, evident in the significant rise in bank account penetration. The Indian fintech industry is poised for substantial growth, reflecting the country's evolving digital payments landscape. Before investing, consider regulatory dynamics, economic conditions, technological advancements, and macroeconomic trends. Top banking stocks offer potential for long-term growth amidst this dynamic environment, presenting opportunities for investors to capitalise on India's banking sector growth. Read More
Company
LTP
Volume
Market Cap
52W Low
52W High

LTP

₹ 752.2

-42.70 (-5.37%)

Volume

1,06,39,422

Market Cap

₹59,213 Cr

52W Low

₹478.35

52W High

₹841.00

LTP

₹ 1,099

-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

₹ 181.65

-5.37 (-2.87%)

Volume

1,56,60,552

Market Cap

₹30,157 Cr

52W Low

₹128.16

52W High

₹222.31

LTP

₹ 243.25

-1.46 (-0.60%)

Volume

43,28,838

Market Cap

₹1,26,569 Cr

52W Low

₹190.70

52W High

₹266.95

LTP

₹ 114.45

-0.57 (-0.50%)

Volume

32,52,641

Market Cap

₹52,333 Cr

52W Low

₹90.05

52W High

₹130.24

LTP

₹ 56.5

-0.12 (-0.21%)

Volume

59,60,943

Market Cap

₹43,573 Cr

52W Low

₹42.00

52W High

₹70.77

LTP

₹ 112.09

-2.36 (-2.06%)

Volume

2,00,39,386

Market Cap

₹1,03,768 Cr

52W Low

₹78.60

52W High

₹119.30

LTP

₹ 324.5

15.40 (4.98%)

Volume

3,92,390

Market Cap

₹1,400 Cr

52W Low

₹250.00

52W High

₹356.65

LTP

₹ 38.04

-0.10 (-0.26%)

Volume

74,03,375

Market Cap

₹34,513 Cr

52W Low

₹32.75

52W High

₹67.64

LTP

₹ 212.65

0.16 (0.08%)

Volume

6,88,025

Market Cap

₹15,776 Cr

52W Low

₹142.91

52W High

₹232.55

LTP

₹ 423.6

-7.20 (-1.67%)

Volume

4,59,074

Market Cap

₹7,486 Cr

52W Low

₹272.75

52W High

₹434.05

LTP

₹ 146.56

-0.47 (-0.32%)

Volume

11,27,793

Market Cap

₹4,623 Cr

52W Low

₹101.41

52W High

₹150.79

LTP

₹ 29.62

-0.46 (-1.53%)

Volume

8,49,292

Market Cap

₹1,186 Cr

52W Low

₹22.00

52W High

₹37.49

LTP

₹ 63

-0.29 (-0.46%)

Volume

10,86,092

Market Cap

₹7,219 Cr

52W Low

₹52.52

52W High

₹91.94

LTP

₹ 33.3

-0.05 (-0.15%)

Volume

3,54,081

Market Cap

₹1,716 Cr

52W Low

₹24.31

52W High

₹53.15

LTP

₹ 212.92

0.45 (0.21%)

Volume

41,66,612

Market Cap

₹52,158 Cr

52W Low

₹172.66

52W High

₹220.00

LTP

₹ 276.75

-3.70 (-1.32%)

Volume

2,58,938

Market Cap

₹2,329 Cr

52W Low

₹200.00

52W High

₹467.00

LTP

₹ 1,993.2

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

₹ 1,463.8

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

₹ 97.37

-1.20 (-1.22%)

Volume

78,94,375

Market Cap

₹1,06,019 Cr

52W Low

₹65.89

52W High

₹107.90

LTP

₹ 74.06

0.97 (1.33%)

Volume

1,57,68,418

Market Cap

₹53,597 Cr

52W Low

₹52.46

52W High

₹78.45

LTP

₹ 633

1.35 (0.21%)

Volume

4,93,352

Market Cap

₹85,047 Cr

52W Low

₹473.90

52W High

₹658.50

LTP

₹ 39.84

0.05 (0.13%)

Volume

74,43,728

Market Cap

₹76,603 Cr

52W Low

₹33.50

52W High

₹72.60

LTP

₹ 855

-15.05 (-1.73%)

Volume

56,89,092

Market Cap

₹67,790 Cr

52W Low

₹606.00

52W High

₹1,498.00

LTP

₹ 112.21

-1.66 (-1.46%)

Volume

20,44,743

Market Cap

₹12,537 Cr

52W Low

₹86.61

52W High

₹123.70

LTP

₹ 497.05

6.95 (1.42%)

Volume

85,436

Market Cap

₹5,152 Cr

52W Low

₹363.80

52W High

₹714.00

LTP

₹ 191.7

0.14 (0.07%)

Volume

4,23,977

Market Cap

₹7,251 Cr

52W Low

₹162.20

52W High

₹245.00

LTP

₹ 269.8

1.60 (0.60%)

Volume

44,36,489

Market Cap

₹21,591 Cr

52W Low

₹185.55

52W High

₹277.50

LTP

₹ 2,160.4

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

₹ 32.02

-0.26 (-0.81%)

Volume

35,75,822

Market Cap

₹22,897 Cr

52W Low

₹25.22

52W High

₹73.64

LTP

₹ 112.6

-0.75 (-0.66%)

Volume

94,77,650

Market Cap

₹1,30,273 Cr

52W Low

₹85.46

52W High

₹128.80

LTP

₹ 261.15

-1.99 (-0.76%)

Volume

1,39,62,500

Market Cap

₹16,031 Cr

52W Low

₹146.10

52W High

₹272.88

LTP

₹ 29.01

-0.84 (-2.81%)

Volume

1,48,21,363

Market Cap

₹7,815 Cr

52W Low

₹22.27

52W High

₹32.25

LTP

₹ 823.15

-0.20 (-0.02%)

Volume

68,38,882

Market Cap

₹7,34,764 Cr

52W Low

₹680.00

52W High

₹899.00

LTP

₹ 138.4

-2.34 (-1.66%)

Volume

85,527

Market Cap

₹1,493 Cr

52W Low

₹97.97

52W High

₹205.25

LTP

₹ 455.85

0.30 (0.07%)

Volume

66,268

Market Cap

₹7,211 Cr

52W Low

₹401.00

52W High

₹513.55

LTP

₹ 31.73

-0.40 (-1.24%)

Volume

1,11,16,328

Market Cap

₹40,277 Cr

52W Low

₹26.81

52W High

₹60.68

LTP

₹ 47.84

-1.03 (-2.11%)

Volume

63,63,613

Market Cap

₹9,454 Cr

52W Low

₹30.88

52W High

₹51.87

LTP

₹ 142.38

-4.08 (-2.79%)

Volume

1,88,28,882

Market Cap

₹1,11,451 Cr

52W Low

₹100.81

52W High

₹158.65

LTP

₹ 22.96

-0.12 (-0.52%)

Volume

16,00,242

Market Cap

₹2,541 Cr

52W Low

₹21.25

52W High

₹51.36

LTP

₹ 20.13

-0.04 (-0.20%)

Volume

10,11,03,094

Market Cap

₹63,268 Cr

52W Low

₹16.02

52W High

₹27.20

Join Our 3 Cr+ Happy Customers

About the Banking Sector

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.

Future Outlook of the Banking Sector in India

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.

Things To Consider Before Investing in the Banking Sector

  • Regulatory environment: Assess the regulatory landscape governing the banking industry. Evaluate the government policies impacting the sector.
  • Economic conditions: It is important to evaluate the interest rates and overall economic conditions. Check how the economic conditions can impact the bank’s profitability.
  • Technology and innovation: Assess the level of technological intervention within the sector, and banks must keep themselves updated with these changes to satisfy their customers and attract new ones.
  • Macroeconomic trends: Monitor broader economic trends that can impact the banking sector. Stay updated on factors like inflation, GDP growth, and monetary policies.

How To Invest in Banking Stocks?

Investing in Banking stocks via Angel One is easy. Simply follow these steps:

  • Log in to your Angel One account.
  • Click on the search icon and look for your desired Banking stock.
  • Now, place your buy order. Simply click on the ‘Buy’ button, enter your desired quantity, and select the order type.
  • To complete your transaction, click on the ‘Buy’ button.

If you don’t have a Demat account with Angel One, you can open one for free online within minutes.

FAQs

What are banking sector stocks?

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.

Which are the top stocks from the banking sector in terms of market cap?

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.

How to evaluate banking sector stocks?

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.

Why should you invest in banking stocks?

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.

Which are the best banking sector stocks to invest in?

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%.

Learn to Earn
Learn from our knowledge center curated by our experts, which will help you take informed decisions about your investments.
Learn to Earn

Open Free Demat Account!

Join our 3 Cr+ happy customers

Start an SIP at just ₹100!

Get the link to download the App

Send App Link