The fast growth of private banks which are depending heavily on new technologies has widened the scope of banking service to a great extent. These institutions deal into consumer loans, forex trading, mutual funds etc. Here is a list of top 10 private banks in India where you should not forget to send your resume if you are considering a career in banking.
HDFC: Going by the string of awards bagged by this bank, (Asian Banker Best Bank in India and ‘Dun & Bradstreet – Polaris Financial Technology Banking Awards 2012 for overall Best Bank, Retail Banking in Private Sector, Best Private Sector and Asset Quality in Private Sector) there is simply no way this bank occupies any other position in the list.
Axis Bank: Fairly new in the industry (the bank started its operations in the year 1994), Axis Bank has curved a niche among aspirants in quite a short time. It offers impressive career opportunities in various departments and sub departments including BSM, Agri and Rural Banking, Customer Service, Branch operations etc.
ICICI Bank: India’s second largest bank with total assets worth INR 4,736.47 billion (as on March 2012) ICICI can make it to your wish list simply by virtue of its brand value. The reason why we have accorded it a third place in the list is because the bank still has to match up to prevalent salary standards (it pays 11% less than market as per payscale.com).
Yes Bank: Touted as the fourth largest private sector bank by the balance sheet of 31st March, Yes Bank’s growth in the banking industry has been meteoric to say the least. Extending services to various segments including Knowledge Banking, Corporate Banking and Branch Banking this bank has a lot to offer in years to come. It was awarded for Priority Sector Lending by Dun & Bradstreet – Polaris Financial Technology Banking Awards 2012.
The Federal Bank Ltd: One reason why we were simply forced to place it among the top 10 private Indian banks to work for is because the bank offers 40% more than average salaries to its employees as per payscale.com.
Kotak Mahindra Bank: Asides from its brand value this bank also offers 3 percent more salaries than average remunerations by similar banks.
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IndusInd Bank which started its operations in the year 1994 offers valuable services in NRI Banking, Corporate Banking, Individual Banking etc. Currently with 441 branches pan India the bank promises good learning opportunities for its employees.
ING Vysya is a premier private sector bank in India focusing on scaling heights in Wholesale, Retail and Private Banking. Employee reviews at glassdoor.com suggest that it is a good place for learning and exposure.
Dhanlaxmi Bank: One of the top 10 private banks in India according to indiaranker.com, Dhanlaxmi Bank offers impressive careers in Financial Planning, Corporate Banking, Personal Banking, SME Banking, NRI Banking etc.
Laksmi Vilas Bank: This one also featured among the top Indian private banks In India in the list compiled by indiaranker.com.