SBI tops list of most trusted banks, ICICI bank most favourite in private sector: Report 

SBI Junior Associate Recruitment 2020

India’s largest public sector lender State Bank of India (SBI) has been termed as the most trusted bank in the country, says TRA Brand Trust Report 2018.

The report also termed ICICI Bank as the most favourite private sector lender.

“This year, State Bank of India tops the chart of BFSI (Banking and Financial Services Institutions) super-category despite seeing a dip in its overall brand trust index rankings from 13th in 2017 to 21st this year,” revealed the report.

The most favourite private lender ICICI Bank acquired the 38th position in the overall ranking in 2018, report the report.

The report was tabulated during November-January and did take the ongoing irregularities of the banking sector in account involving the ICICI Bank.

While 51 brands from BFSI sector registered themselves among the 1,000 most trusted brands in India this year, last year 23 brands were a part of the list.

The report suggests that the inclusion of 19 new brands into the list shows the general trust is BFSI sector is increasing.

"Exciting news! Elets Banking & Finance Post is now on WhatsApp Channels Subscribe today by clicking the link and stay updated with the latest insights!" Click here!

Elets The Banking and Finance Post Magazine has carved out a niche for itself in the crowded market with exclusive & unique content. Get in-depth insights on trend-setting innovations & transformation in the BFSI sector. Best offers for Print + Digital issues! Subscribe here➔ www.eletsonline.com/subscription/

Get a chance to meet the Who's who of the Banking & Finance industry. Join Us for Upcoming Events and explore business opportunities. Like us on Facebook, connect with us on LinkedIn and follow us on Twitter, Instagram & Pinterest.