Top Global Banks: Banks play a very important role in running the economy of a country. Banks not only work to manage people’s deposits, but also work to accelerate business and development.
These banks have the ability to influence the entire global finance system on the basis of their strength. Do you know about such 5 banks? Most importantly, is any Indian bank included in this list?
1. JPMorgan Chase Bank of the United States ranks first in the list of the world’s largest banks. If we talk about its market cap, it is 686.13 billion dollars. Industrial and Commercial Bank of China comes at second place. Whose total market cap is around $320.05 million.
2. Bank of America is the third largest bank in the world, with a market cap of about $302.55 billion and more than 68 million customers. After this, Agricultural Bank of China comes in fourth place, which plays an important role in China’s agricultural and rural development.
At the same time, Wells Fargo is the fifth largest bank in the world, which works in 35 countries and has more than 70 million customers.
India’s HDFC Bank is also included in the list
India’s private bank HDFC is also included in the list of the world’s largest banks. Whose market cap is $184.44 billion. Steps are also being taken by the Government of India to reform the banking sector.
Recently, the country’s largest public sector bank State Bank of India (SBI) had crossed the business figure of Rs 100 lakh crore. The bank has set a target of being among the top 10 valuable banks of the world by 2030.
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