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LTP
5.95 (0.89%)
Volume
19,32,863
Market Cap
₹49,420 Cr
52W Low
₹553.70
52W High
₹813.40
LTP
-23.60 (-1.83%)
Volume
63,70,803
Market Cap
₹3,98,260 Cr
52W Low
₹927.15
52W High
₹1,310.00
LTP
3.48 (1.74%)
Volume
90,44,703
Market Cap
₹32,268 Cr
52W Low
₹169.15
52W High
₹263.10
LTP
-4.50 (-1.61%)
Volume
1,43,79,091
Market Cap
₹1,44,746 Cr
52W Low
₹185.35
52W High
₹299.70
LTP
-0.38 (-0.31%)
Volume
94,90,505
Market Cap
₹54,996 Cr
52W Low
₹71.70
52W High
₹157.95
LTP
-0.27 (-0.41%)
Volume
1,49,83,046
Market Cap
₹46,043 Cr
52W Low
₹27.35
52W High
₹73.50
LTP
1.30 (1.10%)
Volume
4,16,88,739
Market Cap
₹1,07,034 Cr
52W Low
₹59.12
52W High
₹128.90
LTP
8.35 (2.46%)
Volume
1,41,226
Market Cap
₹1,531 Cr
52W Low
₹311.40
52W High
₹469.00
LTP
0.76 (1.23%)
Volume
1,23,16,181
Market Cap
₹53,891 Cr
52W Low
₹28.20
52W High
₹76.90
LTP
-0.14 (-0.08%)
Volume
61,63,510
Market Cap
₹12,395 Cr
52W Low
₹120.05
52W High
₹171.82
LTP
12.50 (3.42%)
Volume
20,08,600
Market Cap
₹6,322 Cr
52W Low
₹279.20
52W High
₹422.25
LTP
0.40 (0.29%)
Volume
19,46,171
Market Cap
₹4,315 Cr
52W Low
₹109.90
52W High
₹163.45
LTP
-0.55 (-1.30%)
Volume
13,87,879
Market Cap
₹1,067 Cr
52W Low
₹16.65
52W High
₹59.00
LTP
-1.12 (-1.14%)
Volume
42,70,411
Market Cap
₹11,171 Cr
52W Low
₹82.10
52W High
₹116.50
LTP
0.07 (0.13%)
Volume
6,68,147
Market Cap
₹2,774 Cr
52W Low
₹49.00
52W High
₹82.40
LTP
0.11 (0.06%)
Volume
51,25,920
Market Cap
₹43,320 Cr
52W Low
₹121.65
52W High
₹179.73
LTP
-6.90 (-2.30%)
Volume
2,19,666
Market Cap
₹2,508 Cr
52W Low
₹249.40
52W High
₹384.00
LTP
-12.75 (-0.75%)
Volume
1,21,79,714
Market Cap
₹12,90,718 Cr
52W Low
₹1,363.55
52W High
₹1,757.50
LTP
-20.30 (-1.66%)
Volume
1,11,06,786
Market Cap
₹8,57,949 Cr
52W Low
₹899.00
52W High
₹1,235.00
LTP
0.75 (0.90%)
Volume
54,40,548
Market Cap
₹89,385 Cr
52W Low
₹53.45
52W High
₹98.70
LTP
-0.05 (-0.06%)
Volume
2,13,34,690
Market Cap
₹58,175 Cr
52W Low
₹70.80
52W High
₹100.70
LTP
4.35 (0.80%)
Volume
16,66,839
Market Cap
₹72,837 Cr
52W Low
₹276.35
52W High
₹632.70
LTP
0.29 (0.45%)
Volume
1,00,84,359
Market Cap
₹1,20,957 Cr
52W Low
₹23.90
52W High
₹83.75
LTP
-38.25 (-2.55%)
Volume
64,24,212
Market Cap
₹1,17,042 Cr
52W Low
₹1,316.25
52W High
₹1,694.50
LTP
-1.21 (-1.05%)
Volume
41,33,608
Market Cap
₹12,724 Cr
52W Low
₹55.40
52W High
₹152.50
LTP
1.20 (0.18%)
Volume
1,14,784
Market Cap
₹6,991 Cr
52W Low
₹365.00
52W High
₹760.90
LTP
0.59 (0.26%)
Volume
8,99,699
Market Cap
₹8,434 Cr
52W Low
₹157.60
52W High
₹286.55
LTP
6.42 (3.21%)
Volume
18,29,126
Market Cap
₹16,125 Cr
52W Low
₹115.60
52W High
₹219.90
LTP
-29.00 (-1.58%)
Volume
45,41,749
Market Cap
₹3,63,954 Cr
52W Low
₹1,543.85
52W High
₹1,987.75
LTP
0.82 (1.39%)
Volume
16,97,504
Market Cap
₹39,908 Cr
52W Low
₹29.55
52W High
₹77.50
LTP
3.98 (3.34%)
Volume
11,88,47,823
Market Cap
₹1,31,031 Cr
52W Low
₹50.30
52W High
₹142.90
LTP
0.02 (0.01%)
Volume
66,30,839
Market Cap
₹15,915 Cr
52W Low
₹173.20
52W High
₹300.70
LTP
-0.06 (-0.22%)
Volume
1,44,82,745
Market Cap
₹7,063 Cr
52W Low
₹16.31
52W High
₹36.88
LTP
3.85 (0.46%)
Volume
2,25,58,011
Market Cap
₹7,53,371 Cr
52W Low
₹543.20
52W High
₹912.00
LTP
-1.43 (-0.75%)
Volume
4,04,649
Market Cap
₹2,023 Cr
52W Low
₹142.30
52W High
₹217.70
LTP
-4.75 (-1.00%)
Volume
1,17,521
Market Cap
₹7,539 Cr
52W Low
₹402.35
52W High
₹611.35
LTP
0.58 (1.07%)
Volume
91,60,275
Market Cap
₹64,813 Cr
52W Low
₹26.55
52W High
₹70.65
LTP
1.27 (2.90%)
Volume
3,98,44,861
Market Cap
₹8,459 Cr
52W Low
₹37.80
52W High
₹63.00
LTP
-1.91 (-1.38%)
Volume
1,65,85,324
Market Cap
₹1,05,649 Cr
52W Low
₹70.45
52W High
₹172.50
LTP
0.32 (0.63%)
Volume
13,75,249
Market Cap
₹5,598 Cr
52W Low
₹37.20
52W High
₹68.30
LTP
0.18 (0.77%)
Volume
12,20,67,657
Market Cap
₹73,701 Cr
52W Low
₹15.70
52W High
₹32.85
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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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