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LTP
5.95 (0.89%)
Volume
19,33,315
Market Cap
₹49,907 Cr
52W Low
₹553.70
52W High
₹813.40
LTP
-23.70 (-1.84%)
Volume
71,67,069
Market Cap
₹3,91,107 Cr
52W Low
₹927.15
52W High
₹1,310.00
LTP
3.48 (1.74%)
Volume
90,47,376
Market Cap
₹32,840 Cr
52W Low
₹169.15
52W High
₹263.10
LTP
-4.45 (-1.59%)
Volume
1,52,70,017
Market Cap
₹1,42,393 Cr
52W Low
₹185.35
52W High
₹299.70
LTP
-0.38 (-0.31%)
Volume
95,04,554
Market Cap
₹54,791 Cr
52W Low
₹71.75
52W High
₹157.95
LTP
-0.27 (-0.41%)
Volume
1,49,91,521
Market Cap
₹45,852 Cr
52W Low
₹28.20
52W High
₹73.50
LTP
1.36 (1.15%)
Volume
4,37,12,892
Market Cap
₹1,08,304 Cr
52W Low
₹59.50
52W High
₹128.90
LTP
8.35 (2.46%)
Volume
1,41,279
Market Cap
₹1,564 Cr
52W Low
₹311.40
52W High
₹469.00
LTP
0.76 (1.23%)
Volume
1,23,24,184
Market Cap
₹54,464 Cr
52W Low
₹28.35
52W High
₹76.90
LTP
-0.14 (-0.08%)
Volume
61,63,692
Market Cap
₹12,377 Cr
52W Low
₹120.05
52W High
₹171.82
LTP
12.50 (3.42%)
Volume
20,09,290
Market Cap
₹6,592 Cr
52W Low
₹279.50
52W High
₹422.25
LTP
0.40 (0.29%)
Volume
19,46,222
Market Cap
₹4,321 Cr
52W Low
₹109.90
52W High
₹163.45
LTP
-0.55 (-1.30%)
Volume
13,88,279
Market Cap
₹1,058 Cr
52W Low
₹16.80
52W High
₹59.00
LTP
-1.12 (-1.14%)
Volume
42,76,295
Market Cap
₹11,026 Cr
52W Low
₹82.10
52W High
₹116.50
LTP
0.07 (0.13%)
Volume
6,68,147
Market Cap
₹2,776 Cr
52W Low
₹49.00
52W High
₹82.40
LTP
0.23 (0.13%)
Volume
55,86,121
Market Cap
₹43,394 Cr
52W Low
₹122.35
52W High
₹179.73
LTP
-6.90 (-2.30%)
Volume
2,20,040
Market Cap
₹2,447 Cr
52W Low
₹249.40
52W High
₹384.00
LTP
-12.35 (-0.73%)
Volume
1,32,38,023
Market Cap
₹12,80,865 Cr
52W Low
₹1,363.55
52W High
₹1,757.50
LTP
-20.30 (-1.66%)
Volume
1,25,07,092
Market Cap
₹8,44,202 Cr
52W Low
₹899.00
52W High
₹1,235.00
LTP
0.75 (0.90%)
Volume
54,49,667
Market Cap
₹90,256 Cr
52W Low
₹53.70
52W High
₹98.70
LTP
-0.04 (-0.05%)
Volume
2,29,36,845
Market Cap
₹58,133 Cr
52W Low
₹70.80
52W High
₹100.70
LTP
4.35 (0.80%)
Volume
16,67,173
Market Cap
₹73,436 Cr
52W Low
₹278.60
52W High
₹632.70
LTP
0.29 (0.45%)
Volume
1,01,08,971
Market Cap
₹1,21,391 Cr
52W Low
₹23.95
52W High
₹83.75
LTP
-38.25 (-2.55%)
Volume
64,25,323
Market Cap
₹1,13,989 Cr
52W Low
₹1,337.05
52W High
₹1,694.50
LTP
-1.21 (-1.05%)
Volume
41,41,823
Market Cap
₹12,603 Cr
52W Low
₹56.30
52W High
₹152.50
LTP
1.20 (0.18%)
Volume
1,14,785
Market Cap
₹6,997 Cr
52W Low
₹365.00
52W High
₹760.90
LTP
0.59 (0.26%)
Volume
9,01,191
Market Cap
₹8,455 Cr
52W Low
₹168.70
52W High
₹286.55
LTP
6.42 (3.21%)
Volume
18,33,755
Market Cap
₹16,624 Cr
52W Low
₹115.60
52W High
₹219.90
LTP
-28.05 (-1.53%)
Volume
49,69,007
Market Cap
₹3,58,428 Cr
52W Low
₹1,543.85
52W High
₹1,987.75
LTP
0.82 (1.39%)
Volume
16,98,029
Market Cap
₹40,389 Cr
52W Low
₹30.05
52W High
₹77.50
LTP
4.06 (3.41%)
Volume
12,19,16,127
Market Cap
₹1,35,711 Cr
52W Low
₹50.55
52W High
₹142.90
LTP
0.02 (0.01%)
Volume
66,35,809
Market Cap
₹15,954 Cr
52W Low
₹175.60
52W High
₹300.70
LTP
-0.06 (-0.22%)
Volume
1,45,02,285
Market Cap
₹7,050 Cr
52W Low
₹16.44
52W High
₹36.88
LTP
4.95 (0.59%)
Volume
2,36,36,388
Market Cap
₹7,57,566 Cr
52W Low
₹543.20
52W High
₹912.00
LTP
-1.43 (-0.75%)
Volume
4,06,023
Market Cap
₹2,004 Cr
52W Low
₹142.30
52W High
₹217.70
LTP
-4.75 (-1.00%)
Volume
1,17,521
Market Cap
₹7,459 Cr
52W Low
₹402.35
52W High
₹611.35
LTP
0.58 (1.07%)
Volume
92,14,823
Market Cap
₹65,495 Cr
52W Low
₹26.65
52W High
₹70.65
LTP
1.27 (2.90%)
Volume
3,98,81,210
Market Cap
₹8,716 Cr
52W Low
₹37.80
52W High
₹63.00
LTP
-1.70 (-1.23%)
Volume
1,77,91,152
Market Cap
₹1,04,504 Cr
52W Low
₹70.80
52W High
₹172.50
LTP
0.32 (0.63%)
Volume
13,78,008
Market Cap
₹5,640 Cr
52W Low
₹37.20
52W High
₹68.30
LTP
0.18 (0.77%)
Volume
12,79,03,732
Market Cap
₹74,266 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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