Best banks of India

The Financial Express has released their annual “India’s Best Banks Awards”, which is based on the performance of Indian banks on various parameters such as Strength and Soundness, Growth, Profitability, Efficiency/Productivity and Credit Quality.

The top two banks in the following categories:
Nationalised
• Indian Overseas Bank
• Indian Bank
• State Bank of Hyderabad

New private sector
• AXIS Bank
• HDFC Bank

Old private sector
• Karur Vysya Bank
• Federal Bank

Foreign banks
• Bank of America
• HSBC

Best performance on the following parameters:
Strength & Soundness
• Canara Bank

Growth
• Deutsche Bank AG

Profitability
• Standard Chartered Bank

Efficiency
• Bank of America

Credit Quality
• Yes Bank

Via and more details here.