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LTP
-3.85 (-0.56%)
Volume
6,90,732
Market Cap
₹51,605 Cr
52W Low
₹478.35
52W High
₹755.40
LTP
-9.00 (-0.75%)
Volume
47,26,958
Market Cap
₹3,71,104 Cr
52W Low
₹933.50
52W High
₹1,339.65
LTP
-2.80 (-1.66%)
Volume
69,44,904
Market Cap
₹27,097 Cr
52W Low
₹128.16
52W High
₹222.31
LTP
-0.23 (-0.10%)
Volume
91,57,439
Market Cap
₹1,24,733 Cr
52W Low
₹190.70
52W High
₹299.70
LTP
-1.51 (-1.28%)
Volume
75,75,867
Market Cap
₹53,676 Cr
52W Low
₹90.05
52W High
₹137.45
LTP
-0.73 (-1.42%)
Volume
1,09,34,299
Market Cap
₹39,412 Cr
52W Low
₹42.00
52W High
₹73.50
LTP
-1.03 (-0.96%)
Volume
1,78,23,593
Market Cap
₹97,809 Cr
52W Low
₹78.60
52W High
₹128.90
LTP
0.05 (0.02%)
Volume
21,714
Market Cap
₹1,333 Cr
52W Low
₹250.00
52W High
₹370.70
LTP
0.02 (0.05%)
Volume
70,06,887
Market Cap
₹33,282 Cr
52W Low
₹32.75
52W High
₹73.00
LTP
-2.11 (-1.07%)
Volume
16,28,529
Market Cap
₹14,594 Cr
52W Low
₹130.40
52W High
₹197.57
LTP
-2.40 (-0.67%)
Volume
2,58,006
Market Cap
₹6,178 Cr
52W Low
₹272.75
52W High
₹403.20
LTP
-1.44 (-1.03%)
Volume
15,93,456
Market Cap
₹4,408 Cr
52W Low
₹101.41
52W High
₹145.90
LTP
-0.56 (-1.84%)
Volume
5,24,228
Market Cap
₹1,201 Cr
52W Low
₹22.00
52W High
₹37.57
LTP
-0.27 (-0.42%)
Volume
16,53,578
Market Cap
₹7,360 Cr
52W Low
₹52.52
52W High
₹107.80
LTP
0.02 (0.07%)
Volume
3,10,532
Market Cap
₹1,549 Cr
52W Low
₹24.31
52W High
₹57.00
LTP
0.23 (0.11%)
Volume
1,00,19,949
Market Cap
₹49,286 Cr
52W Low
₹148.00
52W High
₹217.00
LTP
-3.33 (-1.33%)
Volume
1,22,931
Market Cap
₹2,081 Cr
52W Low
₹200.00
52W High
₹467.00
LTP
-7.50 (-0.39%)
Volume
1,04,92,769
Market Cap
₹14,75,401 Cr
52W Low
₹1,448.15
52W High
₹1,978.90
LTP
-2.40 (-0.17%)
Volume
71,36,736
Market Cap
₹10,30,120 Cr
52W Low
₹1,051.05
52W High
₹1,459.70
LTP
-1.19 (-1.26%)
Volume
2,16,50,454
Market Cap
₹1,01,449 Cr
52W Low
₹65.89
52W High
₹107.90
LTP
0.21 (0.31%)
Volume
1,38,52,539
Market Cap
₹48,854 Cr
52W Low
₹52.46
52W High
₹84.50
LTP
-9.55 (-1.59%)
Volume
16,42,978
Market Cap
₹81,013 Cr
52W Low
₹473.90
52W High
₹632.70
LTP
-0.03 (-0.08%)
Volume
57,08,941
Market Cap
₹72,713 Cr
52W Low
₹33.50
52W High
₹75.55
LTP
15.80 (2.05%)
Volume
4,31,98,831
Market Cap
₹60,073 Cr
52W Low
₹606.00
52W High
₹1,550.00
LTP
-1.33 (-1.31%)
Volume
16,15,794
Market Cap
₹11,220 Cr
52W Low
₹86.61
52W High
₹137.75
LTP
-2.30 (-0.47%)
Volume
93,188
Market Cap
₹5,166 Cr
52W Low
₹363.80
52W High
₹760.90
LTP
-1.07 (-0.54%)
Volume
6,73,379
Market Cap
₹7,498 Cr
52W Low
₹162.20
52W High
₹245.00
LTP
-4.91 (-2.17%)
Volume
12,56,419
Market Cap
₹18,219 Cr
52W Low
₹164.10
52W High
₹246.00
LTP
-2.90 (-0.14%)
Volume
32,17,463
Market Cap
₹4,11,866 Cr
52W Low
₹1,602.45
52W High
₹2,301.90
LTP
-0.28 (-0.91%)
Volume
21,78,302
Market Cap
₹21,826 Cr
52W Low
₹25.22
52W High
₹73.64
LTP
-1.52 (-1.49%)
Volume
1,82,88,040
Market Cap
₹1,17,056 Cr
52W Low
₹85.46
52W High
₹138.60
LTP
-0.34 (-0.16%)
Volume
29,17,197
Market Cap
₹12,641 Cr
52W Low
₹146.10
52W High
₹270.39
LTP
-0.11 (-0.38%)
Volume
1,47,16,543
Market Cap
₹7,488 Cr
52W Low
₹22.27
52W High
₹29.55
LTP
-1.60 (-0.20%)
Volume
72,32,709
Market Cap
₹7,02,546 Cr
52W Low
₹680.00
52W High
₹912.00
LTP
-1.08 (-0.86%)
Volume
1,07,830
Market Cap
₹1,343 Cr
52W Low
₹97.97
52W High
₹212.75
LTP
-1.05 (-0.23%)
Volume
61,562
Market Cap
₹7,127 Cr
52W Low
₹401.00
52W High
₹513.55
LTP
-0.18 (-0.58%)
Volume
55,99,692
Market Cap
₹38,873 Cr
52W Low
₹26.81
52W High
₹62.35
LTP
0.12 (0.27%)
Volume
51,87,243
Market Cap
₹8,594 Cr
52W Low
₹30.88
52W High
₹54.70
LTP
0.48 (0.34%)
Volume
1,10,33,757
Market Cap
₹1,06,451 Cr
52W Low
₹100.81
52W High
₹172.50
LTP
0.03 (0.13%)
Volume
9,31,490
Market Cap
₹2,587 Cr
52W Low
₹21.25
52W High
₹55.50
LTP
0.00 (0.00%)
Volume
8,16,10,219
Market Cap
₹65,817 Cr
52W Low
₹16.02
52W High
₹27.44
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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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