The table below shows the best banking stocks in India 2023 based on the highest market capitalization:
| Banking Stocks List | Market Cap | Close Price |
| HDFC Bank Ltd | 11,92,638.59 | 1,574.70 |
| ICICI Bank Ltd | 6,78,146.20 | 968.70 |
| State Bank of India | 5,08,301.27 | 569.55 |
| Kotak Mahindra Bank Ltd | 3,52,516.46 | 1,771.10 |
| Axis Bank Ltd | 3,05,363.53 | 991.15 |
| Indusind Bank Ltd | 1,09,996.10 | 1,416.55 |
| Bank of Baroda Ltd | 98,566.16 | 190.6 |
| Punjab National Bank | 72,012.04 | 65.4 |
| IDBI Bank Ltd | 64,568.18 | 60.05 |
| Union Bank of India Ltd | 63,820.15 | 86.10 |
Banks in India are poised for growth, given the increasing use of technology and the growing middle class, which is expected to drive demand for banking services. Investing in banking stocks can provide several benefits to you as an investor, including:
- Potential for solid returns: Banking stocks can generate strong returns for investors over the long term, mainly if they invest in well-managed banks with solid fundamentals.
- Diversification: Investing in banking stocks can diversify your portfolio, as banks are a vital part of the economy and have exposure to several sectors.
- Dividend income: Many banks in India pay regular dividends to their shareholders, providing a steady income stream for investors.
Content:
- Best Bank Stocks to Buy – 1 Year Return
- Best Bank Stocks – 1M Month
- Top 10 Bank Stocks In India – Daily Volume
- Best Banking Stocks in India – PE Ratio
- Short Introduction to the Best Banking Stocks in India
Best Bank Stocks to Buy
The list below shows the best bank stocks to buy in India based on the 1 Year return.
| Banking Stocks | Market Cap | Close Price | 1 Year Return |
| Karnataka Bank Ltd | 6,820.90 | 218.10 | 191.77 |
| South Indian Bank Ltd | 4,865.62 | 23.25 | 183.54 |
| Jammu and Kashmir Bank Ltd | 9,169.86 | 88.9 | 179.56 |
| UCO Bank | 37,302.59 | 31.2 | 160.00 |
| Ujjivan Small Finance Bank Ltd | 9,540.65 | 48.8 | 133.49 |
| Punjab & Sind Bank | 23,586.70 | 34.8 | 120.95 |
| Bank of Maharashtra Ltd | 27,157.07 | 38.35 | 111.29 |
| Union Bank of India Ltd | 63,820.15 | 86.1 | 102.11 |
| Dhanlaxmi Bank Ltd | 602.17 | 23.8 | 99.16 |
| RBL Bank Ltd | 14,299.32 | 238.05 | 94.88 |
Best Bank Stocks
The list below shows the best bank stocks based on the 1 Month Return.
| Banking Stocks | Market Cap | Close Price | 1 Month Return |
| Jammu and Kashmir Bank Ltd | 9,169.86 | 88.9 | 28.01 |
| Tamilnad Mercantile Bank Ltd | 8,660.24 | 546.9 | 21.2 |
| South Indian Bank Ltd | 4,865.62 | 23.25 | 15.1 |
| Central Bank of India Ltd | 30,339.88 | 34.95 | 14.59 |
| Bank of Maharashtra Ltd | 27,157.07 | 38.35 | 12.79 |
| Indian Overseas Bank | 56,896.26 | 30.1 | 11.28 |
| UCO Bank | 37,302.59 | 31.2 | 10.44 |
| Dhanlaxmi Bank Ltd | 602.17 | 23.8 | 10.19 |
| CSB Bank Ltd | 5,513.70 | 327.25 | 9.41 |
| Indian Bank | 46,965.59 | 377.1 | 8.55 |
Coming to the next section of the article, you may find one more list of banking stocks to be considered. Please keep reading to know more about it.
These were the best bank stocks based on the High volume stocks over the past year. You may also check out the High Volume stocks in India across all sectors by clicking here.
Looking for the Best Stocks in different sectors? Check out the following articles:
Top 10 Bank Stocks In India
The list below shows the Top 10 Bank Stocks In India based on the highest Daily Volume.
| Banking Stocks | Market Cap | Close Price | Highest Volume |
| Yes Bank Ltd | 49,893.06 | 17.35 | 39,23,64,788.00 |
| Punjab National Bank | 72,012.04 | 65.40 | 12,02,97,728.00 |
| IDFC First Bank Ltd | 61,974.27 | 93.40 | 8,88,35,098.00 |
| South Indian Bank Ltd | 4,865.62 | 23.25 | 3,15,91,143.00 |
| Bank of Maharashtra Ltd | 27,157.07 | 38.35 | 3,05,06,396.00 |
| Union Bank of India Ltd | 63,820.15 | 86.1 | 2,39,52,482.00 |
| HDFC Bank Ltd | 11,92,638.59 | 1,574.70 | 2,16,13,388.00 |
| State Bank of India | 5,08,301.27 | 569.55 | 1,81,21,168.00 |
| Indian Overseas Bank | 56,896.26 | 30.1 | 1,74,03,307.00 |
| UCO Bank | 37,302.59 | 31.2 | 1,67,03,184.00 |
Best Banking Stocks in India
The list below shows the best banking stocks in India based on the PE Ratio.
| Sl No. | Banking Stocks List | Close Price | PE Ratio |
| 1 | Karnataka Bank Ltd | 218.10 | 4.74 |
| 2 | Canara Bank Ltd | 328.40 | 5.13 |
| 3 | Union Bank of India Ltd | 86.1 | 5.99 |
| 4 | Bank of Baroda Ltd | 190.60 | 6.16 |
| 5 | Jammu and Kashmir Bank Ltd | 88.90 | 6.29 |
| 6 | South Indian Bank Ltd | 23.25 | 6.45 |
| 7 | DCB Bank Ltd | 117.25 | 7.38 |
| 8 | Ujjivan Small Finance Bank Ltd | 48.8 | 7.81 |
| 9 | Indian Bank | 377.1 | 8.13 |
| 10 | Tamilnad Mercantile Bank Ltd | 546.90 | 8.2 |
Here are some of the Best Stock Research Articles listed based on Top Sectors (Industries), Market Cap, and Fundamental Analysis Factors:
Introduction to the Best Banking Stocks in India
Best Bank Stocks To Buy – 1Year Return
Karnataka Bank Ltd
Karnataka Bank Ltd is a private sector bank in India that offers customers a range of banking and financial services. The bank provides services such as retail banking, corporate banking, and treasury operations, aiming to meet the diverse financial needs of individuals and businesses.
South Indian Bank Ltd
South Indian Bank Ltd is a private sector bank headquartered in Kerala, India. The bank offers various banking products and services, including personal banking, corporate banking, and trade finance. South Indian Bank aims to provide efficient and customer-centric banking solutions.
Jammu and Kashmir Bank Ltd
Jammu and Kashmir Bank Ltd. is a prominent banking institution in the Union Territory of Jammu and Kashmir. The bank provides a wide range of banking and financial services, catering to the needs of the local population and contributing to the region’s economic development.
Best Bank Stocks – 1 Month Return
Tamilnad Mercantile Bank Ltd
Tamilnad Mercantile Bank Limited is a private Indian bank with operations in treasury, corporate, wholesale, and retail banking. They provide various banking products, online services, and foreign exchange services. Their secure mobile app, TMB DigiLobby, enables customers to access their accounts easily.
Central Bank of India Ltd
Central Bank of India Limited is an Indian commercial bank that provides a wide range of banking services, including digital banking, deposits, retail and corporate loans, services for NRIs, and pensioners. Their digital banking services offer convenient access, while they also cater to various financial needs through their loan offerings and specialized schemes for different customer segments.
Bank of Maharashtra Ltd
Bank of Maharashtra Ltd is a prominent public sector bank that provides a comprehensive range of banking and financial services. They offer various products, including savings accounts, loans, and NRI banking services. Bank of Maharashtra is known for its regional presence and commitment to rural development.
Top Banking Stocks In India – Highest Volume
Yes Bank Ltd
Yes Bank Ltd is a private sector bank that provides a wide array of banking and financial services, including retail banking, corporate banking, and wealth management. The bank aims to be a technology-driven and customer-centric institution, offering innovative financial solutions.
Punjab National Bank
Punjab National Bank (PNB) is an Indian bank operating in segments like Treasury Operations, Corporate/Wholesale Banking, Retail Banking, and Other Banking Operations. PNB offers a wide range of banking services, including personal and corporate banking, international services, and capital services.
IDFC First Bank Ltd
IDFC FIRST Bank Limited is an Indian bank with segments including Treasury, Corporate/Wholesale Banking, and Retail Banking. The Treasury segment involves investment portfolios, money market activities, and forex operations, while Retail Banking focuses on lending to individuals and businesses.
Best Banking Stocks In India – PE Ratio
Karnataka Bank Ltd
Karnataka Bank Ltd is a private sector bank in India that offers customers a range of banking and financial services. The bank provides services such as retail banking, corporate banking, and treasury operations, aiming to meet the diverse financial needs of individuals and businesses.
Canara Bank Ltd
Canara Bank Limited, an India-based bank, operates in various segments, including Treasury, Retail Banking, Wholesale Banking, and more. It offers a wide range of services, from personal and corporate banking to deposit services, loans, and credit products.
Union Bank of India Ltd
Union Bank of India Limited, an India-based banking company, operates across segments like Treasury Operations, Corporate and Wholesale Banking. The bank offers a wide range of services, from personal and corporate loans to international banking and digital services.
Disclaimer: The above article is written for educational purposes, and the companies’ data mentioned in the article may change with respect to time. The securities quoted are exemplary and are not recommendatory.
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