Not HDFC Bank or ICICI or SBI. It is the highest ranked bank in India according to Forbes
Forbes recently released the third edition of the “World’s Best Banks” list. DBS Bank took the first place in a list of the best banks in India, it is the second consecutive victory of DBS Bank out of 30 national and international banks operating in India. The list was compiled by Forbes in partnership with market research firm Statista. The country’s largest lender, the State Bank of India (SBI) is in seventh position. Private lenders ICICI Bank and HDFC Bank are placed at number 3 and 4, Kotak Mahindra Bank at number 5 and Axis Bank is at number 6, one position above SBI.
How was the investigation conducted?
In order to rank the banks in the list, more than 43,000 banking customers around the world were asked about their current and past banking relationships. Banks were rated based on overall satisfaction and key attributes such as trust, fees, digital services, and financial advice, Forbes said.
Top 10 Banks in India According to Forbes List
1) DBS Bank
2) CSB Bank
3) ICICI Bank
4) HDFC Bank
5) Kotak Mahindra Bank
6) Axis Bank
7) State Bank of India
8) Federal Bank
9) Saraswat Bank
10) Standard charter
Commenting on this recognition, Surojit Shome, Managing Director and CEO of DBS Bank India, said, “We are honored and proud to be on the ‘World’s Best Banks’ list for the second year in a row. Over the years, we’ve built a strong customer-centric franchise, and this recognition highlights the resilience and keen sense of determination our employees have shown to support customers in the midst of the global crisis. We will continue to deepen relationships with customers and build journeys that proactively meet their needs. “
Recently, DBS Bank India was recognized as “Best International Bank of India 2021†by Asiamoney. DBS was named “Asia’s Safest Bank” for the 12th consecutive year by New York-based trade publication Global Finance in 2020.
DBS Bank has been in India for 26 years and has experienced steady growth by strengthening its small and medium business and consumer lending operations to grow and become a full service bank.
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