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

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