Business Today’s 30th edition of Best Banks awards- ICICI Bank is a best bank, BoM is Best Mid Sized Banks and BOI MD & CEO is honoured as Business Transformation Leader (PSB)- Check Other Awards here

The 30th edition of Business Today’s Best Banks event concluded today at Mumbai with Union Minister Nitin Gadkari presenting awards to top-performing institutions across India’s financial sector, marking three decades of the flagship platform.

In a conversation with Group Editor Siddharth Zarabi, Gadkari said India has moved from fourth to third place, surpassing Japan to become the world’s third-largest economy, adding during conversation that rapid technological upgradation is underway across areas.

ICICI Bank was named "Bank of the Year" and Best Large Bank at the 2026 Business Today-KPMG Best Banks survey. Other key winners include Bank of Maharashtra (Mid-Sized), Karur Vysya Bank (Small), HSBC India (Foreign), and Jana Small Finance Bank. 

Read More -Ranking of All Banks in Business Today Banking & Economy Summit 2026

Business Today Best Banks Awards (2026 - 30th Edition) 

Bank of the Year & Best Large Bank: ICICI Bank

Best Mid-Sized Bank: Bank of Maharashtra

Best Small Bank: Karur Vysya Bank

Best Foreign Bank: HSBC India

Best Small Finance Bank: Jana Small Finance Bank

Best Large NBFC: Bajaj Finance

Best Housing Finance Company: Bajaj Housing Finance

Best Social Impact Bank: Indian Bank

Business Transformation Leader (PSB): Rajneesh Karnatak (MD & CEO, Bank of India)

Business Transformation Leader (Private/SFB): Sanjay Agarwal (MD & CEO, AU Small Finance Bank)

Innovation and Human Capital Excellence(NBFC): L&T Finance

Human Capital Excellence in Bank : HDFC Bank

Emerging Technology and AI: DBS Bank

Best Value-Added Services (Fintech): Perfios 

Lifetime Achievement Award: Shaktikanta Das, former Governor of the Reserve Bank of India