Frequent question: Which is the No 1 govt bank in India?

HDFC 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 government bank is best in India?

Best Public Sector (PSU) Banks in India 2021

List of PSU Banks Number of Branches Headquarter
State Bank of India (SBI) 24000 Mumbai
Punjab National Bank (With Merger of Oriental Bank of Commerce and United Bank of India) 11437 New Delhi
Bank of Baroda 13153 Vadodara
Canara Bank (With Merger of Syndicate Bank) 8801 Bengaluru

Which is the No 1 government bank in India?

Top 10 best government banks to chose in 2020

Rank Top 10 govt. banks No. of Branches
1. State Bank of India 50,000+
2. Central Bank of India 4,681
3. Punjab National Bank 6,937
4. Bank of Baroda 9,500
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Which is the safest bank in India 2020?

List of Best, Safe Banks in India

  • 1) 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.

7 июл. 2020 г.

Which bank is the best bank in India?

Top 10 Banks in India

Rank Bank
1. HDFC Bank
2. Axis Bank
3. IDFC Bank
4. State Bank of India

Who is the richest bank in India?

✅ Which is India’s largest private bank? ICICI Bank is the largest private bank in India. The bank clocked the consolidated assets worth Rs. 12.50 trillion as on June 30, 2019.

Is SBI fully government bank?

State Bank of India (SBI) is an Indian multinational, public sector banking and financial services company. It is a government-owned corporation with its headquarters in Mumbai, Maharashtra. … SBI’s market share will increase to 22 percent from 17 per cent.

Which private bank is best?

Top 10 Best Private banks in India 2021

Bank Name Total Branches Total ATMs
HDFC Bank 5,314 13,514
ICICI Bank 5,324 15,688
Axis Bank 4,528 12,044
Kotak Mahindra Bank 1,600 2,519

Which home loan is better SBI or HDFC?

For HDFC, the home loan rates are benchmarked to PLR. HDFC has a customer-rating of 4.4 while SBI rating is 4.1.

Which is a better bank for Home Loan – SBI or HDFC?

Category SBI HDFC
Cons The max loan amount lower as compared with HDFC bank Higher rates of interest compared to State Bank of India
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Which is the largest bank in India 2020?

HDFC Bank is India’s largest private sector lender by assets. It is the largest bank in India by market capitalisation as of March 2020.

Which bank is safe for FD?

3. Top 15 Banks and Their Interest Rates

Bank List For Regular Customers (% p.a.) For Senior Citizens (% p.a.)
HDFC Bank 3.00% – 6.00% 3.50% – 6.50%
Kotak Bank 3.00% – 5.60% 3.50% – 6.10%
IDBI Bank 3.10% – 5.90% 3.60% – 6.40%
ICICI Bank 3.25% – 5.75% 3.75% – 6.25%

Is money safe in post office?

“Irrespective of the amount of deposit, the safety in post office FD is the highest as they are backed by a government guarantee,” say experts. Additionally, investments made under the 5-year fixed deposit account qualify for income tax benefits under Section 80C of the Income Tax Act, 1961, according to India Post.

Is money safe in Yes Bank?

Given the size of the bank, the government stepped in rather quickly and it is unlikely that a bank of the size of Yes Bank would be allowed to collapse. This makes the deposits of Yes Bank safe at least for a tenure of 1-2 years.

Which is better bank Icici or HDFC?

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

How much money is safe in bank?

To protect depositors, the government recently hiked the limit of Deposit Insurance Scheme to Rs 5 lakh from Rs 1 lakh earlier, in the Union Budget 2020. If the new bill goes through and the financial sector resolution corporation is established, your deposits upto Rs 5 lakh would mostly be protected.

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Is SBI safe bank?

And these are State Bank of India (SBI), HDFC Bank and ICICI Bank. Only three for now. RBI may add to this list in future as better and stronger banks emerge. So you can say that these are the safest bank for fixed deposit in India.

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