India’s Best Workplaces in BFSI


Our Methodology

Great Place To Work® India invites applications from BFSI organizations to be assessed and evaluated for being considered among India’s Best WorkplacesTM in BFSI 2023. This is the 6th edition of the recognition.

This year 153 organizations in the BFSI sector undertook this assessment as against 110 in the previous year. All these organizations underwent a rigorous assessment. As part of this assessment, the organizations are studied through two lenses. The first lens measures the quality of employee experience through our globally validated survey instrument known as Trust IndexTM Survey. The survey helps in seeking anonymous feedback from employees and carries 75% weightage when being considered for the Best Workplaces lists. The second lens is called Culture AuditTM, which is a proprietary tool of the Institute that evaluates the strength of the leadership as supported by meaningful values & philosophy and quality of the practices & programs that shape employee experience, build consistent levels of trust and enable each individual to use their potential to better organizational performance. This carries 25% weightage.

The Institute undertakes a robust validation process on the data gathered through the assessment process. The cumulative score of Trust Index and Culture Audit determines an organization’s inclusion in India’s Best Workplaces in BFSI 2023.

No individual or jury has a say in who makes it to the list – only employee feedback and quality of people practice determine if an organization is a great workplace.

This year, we are recognizing the Top 50 organizations who excel both in people practices that they have designed for their employees and act on the feedback to create a culture of trust. The list is published as Top 25 followed by Top 26 to 50 in alphabetical order.

India's Best Workplaces in BFSI

Organisation NameEmployee StrengthIndia HQCompany Profile
Angel One Ltd. (formerly known as Angel Broking Ltd.)2491Mumbai
Arohan Financial Services Ltd.5901Kolkata
AU Small Finance Bank Ltd.21294Jaipur
Axis Bank73883Mumbai
Aye Finance4115Gurgaon
Bajaj Finance Ltd.27,454Pune
Bharat Financial Inclusion Ltd.31760Hyderabad
Canara HSBC OBC Life Insurance Company Ltd.5075Gurgaon
CreditAccess Grameen Ltd.11866Bangalore
Edelweiss Life Insurance Company Ltd.3017Mumbai
Equitas Small Finance Bank Ltd.17047Chennai
Fincare Small Finance Bank Ltd.9780Bangalore
Future Generali India Insurance Company Ltd.2022Mumbai
HDFC Bank Ltd.118,807Mumbai
HDFC Life Insurance Company Ltd.18982Mumbai
Hero FinCorp Ltd.9,829Delhi
IIFL Samasta Finance Ltd.8650Bangalore
IndiaFirst Life Insurance Company Ltd.3,293Mumbai
Kotak Mahindra Bank48649Mumbai
NeoGrowth Credit Pvt. Ltd.520Mumbai
Niva Bupa Health Insurance Company Ltd.5,393Gurgaon
Reliance Nippon Life Insurance Company Ltd.11607Mumbai
Satin Creditcare Network Ltd.9525Gurgaon
Svatantra Microfin Pvt. Ltd.5512Mumbai
Synchrony International Services Pvt. Ltd.4139Hyderabad
Tata AIG General Insurance7,072Mumbai
The Federal Bank Ltd.10570Ernakulam
Ujjivan Small Finance Bank Ltd.16935Bangalore
Varthana Finance Pvt. Ltd.625Bangalore
Vistaar Financial Services Pvt. Ltd.1348Bangalore
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