Quick Answer: Who Is The Best Bank In India?

Which private bank is best?

So here is the list of top private banks in India and also the best Private banks in India.HDFC Bank.

HDFC Bank is the Largest Private Banks in India by Total sales during the Year.

ICICI Bank.

Axis Bank Ltd.

Kotak Mahindra Bank Ltd.

IndusInd Bank Ltd.

Yes Bank Ltd.

Federal Bank Ltd.

IDFC First Bank Ltd.More items…•.

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 govt bank is best in India?

List of Top Public sector Government bank in IndiaBank of India. Bank of India was founded on 7th September 1906 by a group of eminent businessmen from Mumbai. … Canara Bank. … Punjab National Bank. … Bank of Baroda. … State Bank of India.

Why is BOI not merged?

Chennai-headquartered Indian Overseas Bank (IOB) may have been kept out of the mega PSB merger as it is not only weighed down by huge bad loans but also because there could have been adverse reaction from local political parties in Tamil Nadu.

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 is better Icici or HDFC?

ICICI Bank scored higher in 3 areas: Work-life balance, Culture & Values and % Recommend to a friend. HDFC Bank scored higher in 4 areas: Compensation & Benefits, Senior Management, CEO Approval and Positive Business Outlook. Both tied in 2 areas: Overall Rating and Career Opportunities.

Who is the No 1 bank in India?

HDFC Bank emerged as India’s No. 1 bank.

Which is the best bank in India and why?

Best Banks for Personal LoansBanksInterest Rate(p.a)Central Bank of India Personal Loan10.25% – 12.20%Citibank Personal Loan10.50% – 18.99%Corporation Bank Personal Loan10.75% – 12.25%HSBC Bank Personal Loan10.50% -17.84%7 more rows•Aug 4, 2020

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 the 2nd largest bank in India?

ICICI BankICICI Bank is India’s second-largest bank with total assets of about Rs 112,024 crore and a network of about 450 branches and offices and about 1,750 ATMs.

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 the best bank in India 2020?

Today we are taking a quick look at the Top 10 banks in India with respect to Market Capitalisation, while also exploring some related aspects.HDFC Bank Ltd. … State Bank of India. … ICICI Bank Ltd. … Kotak Mahindra Bank Ltd. … Axis Bank Ltd. … IndusInd Bank Ltd. … Yes Bank Ltd. … Punjab National Bank.More items…•

Why is SBI the worst bank?

SBI is most biggest and oldest bank so its employee also old aged and do not have proper knowledge about computer as well as of English so they run from their work because almost all work is on computer now. All schemes and account related queries can also solve only using computer.