Please Wait...
Please Wait...
Please Wait...
Please Wait...
Please Wait...
Please Wait...
Please Wait...
Please Wait...
Please Wait...
Please Wait...
Please Wait...
Please Wait...
LTP
-3.25 (-0.47%)
Volume
1,06,767
Market Cap
₹51,605 Cr
52W Low
₹478.35
52W High
₹755.40
LTP
-8.80 (-0.73%)
Volume
9,06,934
Market Cap
₹3,71,104 Cr
52W Low
₹933.50
52W High
₹1,339.65
LTP
-1.47 (-0.87%)
Volume
17,66,730
Market Cap
₹27,097 Cr
52W Low
₹128.16
52W High
₹222.31
LTP
0.01 (0.00%)
Volume
18,56,253
Market Cap
₹1,24,733 Cr
52W Low
₹190.70
52W High
₹299.70
LTP
-0.08 (-0.07%)
Volume
18,81,866
Market Cap
₹53,676 Cr
52W Low
₹90.05
52W High
₹137.45
LTP
0.10 (0.20%)
Volume
33,09,634
Market Cap
₹39,412 Cr
52W Low
₹42.00
52W High
₹73.50
LTP
0.10 (0.09%)
Volume
49,77,569
Market Cap
₹97,809 Cr
52W Low
₹78.60
52W High
₹128.90
LTP
-5.40 (-1.83%)
Volume
6,253
Market Cap
₹1,333 Cr
52W Low
₹250.00
52W High
₹370.70
LTP
0.36 (0.98%)
Volume
29,81,480
Market Cap
₹33,282 Cr
52W Low
₹32.75
52W High
₹73.00
LTP
-0.35 (-0.18%)
Volume
6,76,881
Market Cap
₹14,594 Cr
52W Low
₹130.40
52W High
₹197.57
LTP
-0.30 (-0.08%)
Volume
51,627
Market Cap
₹6,178 Cr
52W Low
₹272.75
52W High
₹403.20
LTP
-0.53 (-0.38%)
Volume
2,48,912
Market Cap
₹4,408 Cr
52W Low
₹101.41
52W High
₹145.90
LTP
-0.21 (-0.69%)
Volume
1,23,979
Market Cap
₹1,201 Cr
52W Low
₹22.00
52W High
₹37.57
LTP
0.37 (0.57%)
Volume
8,41,267
Market Cap
₹7,360 Cr
52W Low
₹52.52
52W High
₹107.80
LTP
0.03 (0.10%)
Volume
1,70,508
Market Cap
₹1,549 Cr
52W Low
₹24.31
52W High
₹57.00
LTP
2.00 (1.00%)
Volume
20,84,658
Market Cap
₹49,286 Cr
52W Low
₹148.00
52W High
₹217.00
LTP
-0.05 (-0.02%)
Volume
41,908
Market Cap
₹2,081 Cr
52W Low
₹200.00
52W High
₹467.00
LTP
-14.60 (-0.76%)
Volume
24,82,544
Market Cap
₹14,75,401 Cr
52W Low
₹1,448.15
52W High
₹1,978.90
LTP
-10.80 (-0.75%)
Volume
14,74,390
Market Cap
₹10,30,120 Cr
52W Low
₹1,051.05
52W High
₹1,459.70
LTP
1.56 (1.65%)
Volume
96,50,857
Market Cap
₹1,01,449 Cr
52W Low
₹65.89
52W High
₹107.90
LTP
-0.03 (-0.04%)
Volume
44,52,062
Market Cap
₹48,854 Cr
52W Low
₹52.46
52W High
₹84.50
LTP
-7.20 (-1.20%)
Volume
9,57,069
Market Cap
₹81,013 Cr
52W Low
₹473.90
52W High
₹632.70
LTP
0.48 (1.27%)
Volume
20,27,751
Market Cap
₹72,713 Cr
52W Low
₹33.50
52W High
₹75.55
LTP
23.00 (2.99%)
Volume
2,16,64,671
Market Cap
₹60,073 Cr
52W Low
₹606.00
52W High
₹1,550.00
LTP
-0.13 (-0.13%)
Volume
3,75,617
Market Cap
₹11,220 Cr
52W Low
₹86.61
52W High
₹137.75
LTP
-0.35 (-0.07%)
Volume
26,483
Market Cap
₹5,166 Cr
52W Low
₹363.80
52W High
₹760.90
LTP
1.88 (0.95%)
Volume
1,46,410
Market Cap
₹7,498 Cr
52W Low
₹162.20
52W High
₹245.00
LTP
-2.15 (-0.95%)
Volume
2,96,293
Market Cap
₹18,219 Cr
52W Low
₹164.10
52W High
₹246.00
LTP
-14.00 (-0.68%)
Volume
6,32,013
Market Cap
₹4,11,866 Cr
52W Low
₹1,602.45
52W High
₹2,301.90
LTP
0.20 (0.65%)
Volume
7,01,225
Market Cap
₹21,826 Cr
52W Low
₹25.22
52W High
₹73.64
LTP
-0.41 (-0.40%)
Volume
50,35,559
Market Cap
₹1,17,056 Cr
52W Low
₹85.46
52W High
₹138.60
LTP
0.85 (0.41%)
Volume
5,72,744
Market Cap
₹12,641 Cr
52W Low
₹146.10
52W High
₹270.39
LTP
0.23 (0.80%)
Volume
46,34,546
Market Cap
₹7,488 Cr
52W Low
₹22.27
52W High
₹29.55
LTP
-0.35 (-0.04%)
Volume
16,23,051
Market Cap
₹7,02,546 Cr
52W Low
₹680.00
52W High
₹912.00
LTP
-0.47 (-0.37%)
Volume
25,351
Market Cap
₹1,343 Cr
52W Low
₹97.97
52W High
₹212.75
LTP
-0.35 (-0.08%)
Volume
9,660
Market Cap
₹7,127 Cr
52W Low
₹401.00
52W High
₹513.55
LTP
0.18 (0.58%)
Volume
18,72,712
Market Cap
₹38,873 Cr
52W Low
₹26.81
52W High
₹62.35
LTP
0.16 (0.36%)
Volume
22,91,538
Market Cap
₹8,594 Cr
52W Low
₹30.88
52W High
₹54.70
LTP
0.21 (0.15%)
Volume
25,71,159
Market Cap
₹1,06,451 Cr
52W Low
₹100.81
52W High
₹172.50
LTP
0.08 (0.34%)
Volume
3,71,336
Market Cap
₹2,587 Cr
52W Low
₹21.25
52W High
₹55.50
LTP
0.04 (0.19%)
Volume
3,07,08,154
Market Cap
₹65,817 Cr
52W Low
₹16.02
52W High
₹27.44
Join Our 3 Cr+ Happy Customers
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%.
Open Free Demat Account!
Join our 3 Cr+ happy customers