Question: Which Is The Number 1 Bank In India?

Which bank is safest in India?

List of Best, Safe Banks in India1) HDFC Bank.

If market confidence is a measure of the soundness of a Bank, then HDFC Bank takes the cake.

2) State Bank of India.

3) ICICI Bank.

4) AXIS Bank.

7) Kotak Mahindra Bank, IndusInd Bank..

Which is better SBI or HDFC?

HDFC Bank has always been one of the most premium valued banks in India. The stock trades as high as three to four times the book value. SBI, on the other hand, has had a value range of one or two-time book value at best….BankMarket capitalisation as of May 4State Bank of India₹1.6 lakh croreHDFC Bank₹5 lakh croreMay 5, 2020

Is HDFC Safe 2020?

But that doesn’t mean that you can put all banks in the same risk bucket. So your bank Fixed Deposits (FDs) are safe. … And these are State Bank of India (SBI), HDFC Bank and ICICI Bank. Only three for now.

Which is the 2nd largest bank in India?

1) Oriental Bank of Commerce (OBC) and United Bank of India will be merged into Punjab National Bank (PNB). After the merger, these together will form the second-largest public sector bank in the country, after State Bank of India (SBI).

Which bank is No 1 position in India?

HDFC BankHDFC Bank: HDFC Bank has been ranked India’s No. 1 Bank in forbes’ world’s Best bank report. It has 88,253 permanent employees as of 31 March 2018 and has a presence in Bahrain, Hong Kong and Dubai. HDFC Bank is India’s largest private sector lender by assets.

Which is the best bank in India 2020?

Best Public Sector (PSU) Banks in India 2020List of PSU BanksNumber of BranchesNumber of ATMsState Bank of India (SBI)2400058559Punjab National Bank (With Merger of Oriental Bank of Commerce and United Bank of India)114378985Bank of Baroda131539583Canara Bank (With Merger of Syndicate Bank)8801103428 more rows

Which is the No 1 bank in the world?

By total assetsRankBank namehideTotal assets (2019) (US$ Billion)1Industrial and Commercial Bank of China4,324.272China Construction Bank3,653.113Agricultural Bank of China3,572.984Bank of China3,270.1596 more rows

Which bank is better Axis or HDFC?

It also had a higher net interest margin (for the March 2012 quarter) of 4.2%, compared with 3.55% and 3.01% for Axis Bank and ICICI Bank, respectively. … Despite this, its Capital Adequacy Ratio (CAR) was a healthy 18.52%, compared to a measly 13.66% for Axis Bank and 16.5% for HDFC Bank.

Is SBI bank safe?

“Take for instance, SBI which is amongst the top 100 banks of the world. It is as safe as it gets in terms of a bank. The m-cap ratio of SBI is an order of magnitude higher than the private sector banks which shows that m-cap ratio is a wrong measure to assess the safety of the bank,” Subramanian said.

Which bank is safe for FD?

To get the benefit of high rates, both SBI Bank and ICICI bank have a new FD scheme exclusively for senior citizens. The bank fixed deposits are becoming the first choice of depositors to keep their savings safe.

Which banks are banned by RBI?

“Nine banks will be closed permanently by Reserve Bank of India. If anybody having transactions in it please withdraw it. The names of the banks are Corporation Bank, UCO Bank, IDBI, Bank of Maharashtra, Andhra Bank, Indian Overseas Bank, Central Bank of India, Dena Bank and United Bank of India.

Which bank is richest in India?

The four largest banks based on market capitalization and total assets are:State Bank of India.ICICI Bank.HDFC Bank.Punjab National Bank.

Which bank is the richest?

The Industrial and Commercial Bank of China LimitedThe Industrial and Commercial Bank of China Limited is the wealthiest bank in the world according to market capitalization. It is also ranked as the largest bank in the world when rated by total assets.

Which is better axis or Icici?

Like Axis bank, ICICI bank too offers top of the line home loan products, and is one of the most renowned banks in the country….Comparison Between Axis Bank vs ICICI Bank Home Loan.CategoryAxis bank Home LoanICICI bank Home LoanRate of interest7.75% p.a.6.95% p.a.Loan tenureUp to 30 yearsUp to 30 years9 more rows

Which is best HDFC or Icici?

Lowest Interest rate of HDFC and ICICI Bank Home Loan is 6.90%. … HDFC has an average customer ratings of 4.5, while ICICI Bank has an average customer rating of 4.1, based on which it is clear that HDFC has a high customer service focus, an easy Home Loan process and a quick turnaround.

Which private bank is best?

Housing Development Finance Corporation Limited, popularly known as HDFC Bank, ranks number 1 among the list of best private banks in India….HDFC Bank. … ICICI Bank. … Axis Bank. … Kotak Mahindra Bank. … Yes Bank. … Federal Bank. … IndusInd Bank. … RBL Bank.More items…•

Is Icici better than SBI?

Some of the key results of the comparison between the two banks are: Lowest Interest rate of ICICI Bank Home Loan is 6.90%, which is lower than the lowest interest rate of SBI at 6.95% and hence, ICICI Bank is offering a cheaper loan option.

What is the salary of HDFC Bank?

₹518,845 a yearAverage Salary for HDFC Bank Pvt Ltd Employees in India HDFC Bank Pvt Ltd pays its employees an average of ₹518,845 a year. Salaries at HDFC Bank Pvt Ltd range from an average of ₹208,003 to ₹1,321,247 a year.