Home / Finance / News / HDFC, ICICI Bank and SBI, among top-10 lenders in 2020, says report

HDFC, ICICI Bank and SBI, among top-10 lenders in 2020, says report

Google Pay and PhonePe were the top wallets among the customers, says Report

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Among others, NBFCs played a critical role this year, emerging as the primary source of capital for micro, small and medium enterprises (MSMEs), it said.

Press Trust of India New Delhi

3 min read Last Updated : Dec 21 2020 | 10:21 PM IST

HDFC, ICICI Bank, SBI, Yes Bank, PNB and HSBC Bank emerged as the top-10 banks in 2020, while Google Pay and PhonePe were the top wallets among the customers, according to a report.

The BFSI (banking, financial services and insurance) Movers and Shakers 2020 report by Wizikey talks about the top-100 banks in India and emerging BFSI models such as wallets and UPI, Neobanks, non-banking financial companies (NBFCs), small finance banks and payments banks.

Beyond the banking counterparts, one of the most muted sectors, insurance, also saw a massive shift in gears this year considering their rise in popularity due to after-effects

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