Question: Which is the largest bank in India 2019?

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.

Which is the No 1 bank in India 2019?

Forbes Top 10 Indian Banks 2019: HDFC Bank tops the list, SBI not in top 10. HDFC Bank emerged as the country’s top bank as per the Forbes magazines’ ‘World’s Best Bank’ survey that it conducted jointly with market research firm Statista. No 1: The Mumbai headquartered HDFC Bank came at the top of the list.

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 is the best bank in India 2020?

Below is the list of top 10 banks in India:

  • HDFC Bank. HDFC Bank ranks number 1 among the best banks in India today. …
  • Axis Bank. Axis Bank ranks number 2 among the best banks in India today. …
  • State Bank Of India. State Bank Of India ranks number 3 among the best banks in India today. …
  • IDFC. …
  • Bank of Baroda.
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Which is the No 1 private bank in India?

Housing Development Finance Corporation Limited, popularly known as HDFC Bank, ranks number 1 among the list of best private banks in India. The bank provides loans, credit cards, FOREX, insurance, and other financial services.

Which bank is safest in India?

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.

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Which private bank is best?

List of Top 10 Best Private Banks in India

  • HDFC Bank. HDFC Bank is the Largest Private Banks in India by Total sales during the Year. …
  • ICICI Bank. ICICI Bank is a leading private Bank in India. …
  • Axis Bank Ltd. …
  • Kotak Mahindra Bank Ltd. …
  • IndusInd Bank Ltd. …
  • Yes Bank Ltd. …
  • Federal Bank Ltd. …
  • IDFC First Bank Ltd.

Which is the strongest bank in India?

HDFC Bank. Founded in 1994, HDFC Bank is headquartered in Mumbai, Maharashtra. HDFC is India’s largest private sector bank in terms of assets and market capitalization. It employs around 84,325 staff as of March 2017 and operates a distribution network of 4,727 branches and 12,220 ATMs across 2,666 cities.

Which govt bank is best?

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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Is HDFC bigger than SBI?

This is despite the fact that SBI’s balance sheet is four times larger than HDFC Bank, has 10 times more customers, and is owned by the government of India.

Bank Market capitalisation as of May 4
State Bank of India ₹1.6 lakh crore
HDFC Bank ₹5 lakh crore

Which is the No 4 bank in India?

Not only will the number of public sector banks reduce due to the merger, but it will also add strength to the four freshly merged banks. … There are four anchor banks — Punjab National Bank, Union Bank, Canara Bank and Indian Bank — and six other banks which will be merged into them.

Which bank is best in 2020?

List of Best Banks In India

  • 5.1 State Bank of India (SBI)
  • 5.2 Punjab National Bank.
  • 5.3 Union Bank of India.
  • 5.4 Canara Bank.
  • 5.5 Bank of Baroda.
  • 5.6 Bank of India.
  • 5.7 Central Bank of India.
  • 5.8 Indian Bank.

Which is better 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.

Which banks are banned by RBI?

The Reserve Bank of India (RBI) has imposed restrictions on Independence Cooperative Bank as the bank has deposits of about Rs 4 crore and NPA loans amount to Rs 6 crore 82 lakh. Independence Cooperative Bank in Nashik is the only branch in the city and the bank has disbursed loans of Rs. 8.25 crore.

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Is Privatisation of banks possible?

The government has no intention to privatise all public sector banks in the country, Union Finance Minister Nirmala Sitharaman said on Tuesday, the last day of the two-day bank strike against the privatisation move.

Is IndusInd Bank in Trouble?

IndusInd Bank Ltd has been the worst hit by the crisis. The bank’s stock dropped 15% on Tuesday after the lender revealed in an investor call that it has lost 10-11% of its deposits since Yes Bank Ltd crumbled earlier this year. … State governments no longer think it is safe to keep money in the private sector bank.

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