There are several large financial institutions in India, including banks, insurance companies, and asset management firms. Here are five of the biggest financial institutions in India:
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State Bank of India (SBI) - SBI is the largest and oldest public sector bank in India, with over 22,000 branches and 58,000 ATMs across the country.
HDFC Bank - HDFC Bank is a leading private sector bank in India, with a strong presence in retail banking, corporate banking, and wealth management.
ICICI Bank - ICICI Bank is another major private sector bank in India, with a strong focus on retail banking and financial services.
Life Insurance Corporation of India (LIC) - LIC is the largest life insurance company in India, with a presence in almost every corner of the country.
Mutual Funds - There are several large asset management companies in India that offer mutual funds, including HDFC Asset Management Company, ICICI Prudential Asset Management Company, and SBI Mutual Fund.
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