Forbes, which compiled a first-ever list of the India’s Best Banks 2019 in terms of customer ser ice and technological advancements has ranked HDFC Bank at the top of the list. At the second position is ICICI Bank followed by DBS Bank. At the fourth and fifth positions are Kotak Mahindra Bank and IDFC Bank had managed to gain the fourth and fifth spot. Then comes Syndicate Bank, Punjab National Bank, Allahabad Bank, Vijaya Bank and Axis Bank to make the top 10. The largest bank in the country, State Bank of India is at the 11th position and the second largest public sector bank, Bank of Baroda. was ranked 16th and was followed by Paytm Payments Bank. Canara Bank was placed at the 30th position. Forbes had partnered with market research company Statista to measure the best banks in 23 countries. The survey compiled data from around 40,000 customers around the world for their opinions on their banking relationships.
