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

₹ 678.6

-27.45 (-3.89%)

Volume

34,36,267

Market Cap

₹50,502 Cr

52W Low

₹478.35

52W High

₹755.40

LTP

₹ 1,185

-2.30 (-0.19%)

Volume

62,88,257

Market Cap

₹3,66,747 Cr

52W Low

₹933.50

52W High

₹1,339.65

LTP

₹ 165.62

-2.28 (-1.36%)

Volume

89,04,205

Market Cap

₹26,686 Cr

52W Low

₹128.16

52W High

₹222.31

LTP

₹ 249.93

-3.29 (-1.30%)

Volume

82,86,634

Market Cap

₹1,29,284 Cr

52W Low

₹190.70

52W High

₹299.70

LTP

₹ 115.15

-2.67 (-2.27%)

Volume

61,88,498

Market Cap

₹52,401 Cr

52W Low

₹90.05

52W High

₹157.95

LTP

₹ 50.66

-0.77 (-1.50%)

Volume

81,58,351

Market Cap

₹38,988 Cr

52W Low

₹42.00

52W High

₹73.50

LTP

₹ 97.45

-1.88 (-1.89%)

Volume

2,37,57,351

Market Cap

₹88,366 Cr

52W Low

₹78.60

52W High

₹128.90

LTP

₹ 293.9

0.90 (0.31%)

Volume

80,221

Market Cap

₹1,326 Cr

52W Low

₹250.00

52W High

₹404.80

LTP

₹ 37.06

-0.80 (-2.11%)

Volume

78,04,999

Market Cap

₹33,581 Cr

52W Low

₹33.16

52W High

₹73.00

LTP

₹ 176.56

-3.94 (-2.18%)

Volume

16,95,485

Market Cap

₹13,082 Cr

52W Low

₹130.40

52W High

₹187.90

LTP

₹ 353.25

0.90 (0.26%)

Volume

15,96,551

Market Cap

₹6,120 Cr

52W Low

₹272.75

52W High

₹403.20

LTP

₹ 135.16

-2.21 (-1.61%)

Volume

23,09,647

Market Cap

₹4,246 Cr

52W Low

₹101.41

52W High

₹145.90

LTP

₹ 28.16

-0.91 (-3.13%)

Volume

4,64,422

Market Cap

₹1,112 Cr

52W Low

₹22.00

52W High

₹37.57

LTP

₹ 66.95

-2.00 (-2.90%)

Volume

91,92,556

Market Cap

₹7,646 Cr

52W Low

₹52.52

52W High

₹107.80

LTP

₹ 29.2

-0.71 (-2.37%)

Volume

3,85,059

Market Cap

₹1,508 Cr

52W Low

₹24.31

52W High

₹64.50

LTP

₹ 196.68

-6.74 (-3.31%)

Volume

1,16,19,893

Market Cap

₹48,284 Cr

52W Low

₹148.00

52W High

₹217.00

LTP

₹ 246.2

-12.25 (-4.74%)

Volume

6,52,821

Market Cap

₹2,049 Cr

52W Low

₹200.00

52W High

₹467.00

LTP

₹ 1,925

16.20 (0.85%)

Volume

1,59,68,435

Market Cap

₹14,72,735 Cr

52W Low

₹1,426.80

52W High

₹1,978.90

LTP

₹ 1,427

-2.80 (-0.20%)

Volume

1,41,92,027

Market Cap

₹10,13,645 Cr

52W Low

₹1,051.05

52W High

₹1,438.30

LTP

₹ 79.83

-3.24 (-3.90%)

Volume

73,86,949

Market Cap

₹85,922 Cr

52W Low

₹65.89

52W High

₹107.90

LTP

₹ 64.89

-2.04 (-3.05%)

Volume

4,47,36,979

Market Cap

₹47,515 Cr

52W Low

₹52.46

52W High

₹84.50

LTP

₹ 565.8

-11.55 (-2.00%)

Volume

10,69,116

Market Cap

₹76,077 Cr

52W Low

₹473.90

52W High

₹632.70

LTP

₹ 37.53

-0.81 (-2.11%)

Volume

46,85,753

Market Cap

₹72,405 Cr

52W Low

₹33.50

52W High

₹75.55

LTP

₹ 838.4

1.45 (0.17%)

Volume

2,02,41,775

Market Cap

₹65,320 Cr

52W Low

₹606.00

52W High

₹1,550.00

LTP

₹ 94.38

-2.88 (-2.96%)

Volume

34,57,783

Market Cap

₹10,392 Cr

52W Low

₹86.61

52W High

₹147.20

LTP

₹ 500.5

-25.15 (-4.78%)

Volume

12,09,857

Market Cap

₹5,258 Cr

52W Low

₹363.80

52W High

₹760.90

LTP

₹ 195.87

-4.55 (-2.27%)

Volume

9,98,673

Market Cap

₹7,398 Cr

52W Low

₹162.20

52W High

₹245.00

LTP

₹ 218.17

0.50 (0.23%)

Volume

15,40,405

Market Cap

₹17,562 Cr

52W Low

₹164.10

52W High

₹246.00

LTP

₹ 2,208.1

3.10 (0.14%)

Volume

46,22,917

Market Cap

₹4,38,562 Cr

52W Low

₹1,543.85

52W High

₹2,301.90

LTP

₹ 29.61

-0.63 (-2.08%)

Volume

1,05,24,860

Market Cap

₹21,031 Cr

52W Low

₹25.22

52W High

₹73.64

LTP

₹ 100.21

-2.42 (-2.36%)

Volume

1,47,41,011

Market Cap

₹1,15,136 Cr

52W Low

₹85.46

52W High

₹142.90

LTP

₹ 200.37

-2.78 (-1.37%)

Volume

70,95,668

Market Cap

₹12,178 Cr

52W Low

₹146.10

52W High

₹272.05

LTP

₹ 25.47

-0.15 (-0.59%)

Volume

1,41,52,100

Market Cap

₹6,661 Cr

52W Low

₹22.27

52W High

₹31.80

LTP

₹ 788.65

-23.90 (-2.94%)

Volume

2,56,35,764

Market Cap

₹7,03,394 Cr

52W Low

₹680.00

52W High

₹912.00

LTP

₹ 128.02

-2.50 (-1.92%)

Volume

1,72,920

Market Cap

₹1,363 Cr

52W Low

₹97.97

52W High

₹217.70

LTP

₹ 437.75

-8.60 (-1.93%)

Volume

1,14,804

Market Cap

₹6,933 Cr

52W Low

₹401.00

52W High

₹513.55

LTP

₹ 31.05

-1.02 (-3.18%)

Volume

1,26,32,473

Market Cap

₹38,923 Cr

52W Low

₹26.81

52W High

₹62.35

LTP

₹ 42.63

-1.27 (-2.89%)

Volume

2,85,24,418

Market Cap

₹8,226 Cr

52W Low

₹30.88

52W High

₹56.15

LTP

₹ 125.78

-2.59 (-2.02%)

Volume

86,64,857

Market Cap

₹95,954 Cr

52W Low

₹100.81

52W High

₹172.50

LTP

₹ 24.78

-0.44 (-1.74%)

Volume

10,92,236

Market Cap

₹2,728 Cr

52W Low

₹21.25

52W High

₹58.95

LTP

₹ 17.72

-0.27 (-1.50%)

Volume

5,49,58,582

Market Cap

₹55,563 Cr

52W Low

₹16.02

52W High

₹27.44

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