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 Workplaces™ 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 Index™ 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 Audit™, 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

Company NameRank CategoryHQEmployee StrengthWebsite Link
Angel One Ltd. (formerly known as Angel Broking Limited.)Top 25Mumbai2375
AU Small Finance Bank LimitedTop 25Jaipur23561
Aye Finance P LimitedTop 25Gurgaon5470
Bajaj Finance LimitedTop 25Pune35253
Bharat Financial Inclusion LimitedTop 25Hyderabad36563
CreditAccess Grameen LimitedTop 25Bangalore13168
Edelweiss Tokio Life Insurance Company LimitedTop 25Mumbai2859
Future Generali India Insurance Company LimitedTop 25Mumbai2038
HDFC ERGO General Insurance Company LimitedTop 25Mumbai10148
HDFC Life Insurance Company LimitedTop 25Mumbai28510
Hero FinCorp LimitedTop 25Delhi11306
Mahindra & Mahindra Financial Services LimitedTop 25Mumbai19053
Mahindra Rural Housing Finance LimitedTop 25Mumbai9,325
Mr Cooper Group INCTop 25Chennai1444
ORIX Leasing & Financial Services LimitedTop 25Mumbai194
PayNearbyTop 25Mumbai759
Reliance Nippon Life Insurance Company LimitedTop 25Mumbai10867
Satin Creditcare Network LimitedTop 25Gurgaon8437
Shriram Housing Finance LimitedTop 25Mumbai1385
Standard Chartered Bank, IndiaTop 25Mumbai5935
Synchrony International Services Private LimitedTop 25Hyderabad4165
Tata AIG General InsuranceTop 25Mumbai9310
The Federal Bank LimitedTop 25Ernakulam10736
Ujjivan Small Finance Bank LimitedTop 25Bangalore14425
Varthana Finance Private LimitedTop 25Bangalore750
Ageas Federal Life Insurance Company LimitedTop 50Mumbai1551
Airtel Payments BankTop 50Gurgaon993
Axis BankTop 50Mumbai73624
Broadridge Financial Solutions India Private LimitedTop 50Hyderabad4885
Canara HSBC Life Insurance Company LimitedTop 50Gurgaon4987
DCB Bank LimitedTop 50Mumbai8698
Fedbank Financial Services LimitedTop 50Mumbai2898
Fincare Small Finance Bank LimitedTop 50Bangalore11831
Godrej CapitalTop 50Mumbai460
HDFC Bank LimitedTop 50Mumbai166371
Indel Money LimitedTop 50Kochi677
India Shelter Finance Corporation LimitedTop 50Gurgaon2280
IndiaFirst Life Insurance Company LimitedTop 50Mumbai3183
Kotak Mahindra BankTop 50Mumbai55181
MassMutual Global Business Services India LLPTop 50Hyderabad1091
Muthoot Microfin LimitedTop 50Ernakulam9525
Niva Bupa Health Insurance Company LimitedTop 50Gurgaon6877
SATYA MicroCapital LimitedTop 50Delhi3775
Spice Money LimitedTop 50Noida1211
Star Union Dai-ichi Life Insurance Company LimitedTop 50Mumbai4453
Tata AIA Life Insurance Company LimitedTop 50Mumbai10273
Tata Capital LimitedTop 50Mumbai6,614
Western Union Services India Private LimitedTop 50Mumbai867
YES Bank LimitedTop 50Mumbai26181
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