The Industrial Development Bank of India (IDBI) has ranked 9th in the list of top 10 banks released by Forbes. The rank has been allotted by analysing the bank’s operations, financial performance and the overall impact.
As of 25th September, 2023, the market cap for IDBI Bank stands at Rs 0.761 lakh crore.
The other banks in the list are HDFC Bank (1st rank), ICICI Bank (2nd rank), SBI (3rd rank), Kotak Mahindra Bank (4th rank), Axis Bank (5th rank), Bank of Baroda (6th rank), IndusInd Bank (7th rank), PNB (8th rank) and Union Bank of India (10th rank).