Which Is The Best Bank In India 2020?

Which is the richest bank in India?

Here is the list of top 6 biggest public sector banks (PSBs) in India in 2019 in terms of market capitalization.HDFC Bank Ltd.

State Bank of India (SBI) …

ICICI Bank Ltd.

Kotak Mahindra Bank Ltd.

Axis Bank Ltd.

IndusInd Bank Ltd..

Who is owner of HDFC Bank?

Housing Development Finance CorporationHDFC Bank/Parent organizations

Is HDFC Safe 2020?

So your bank Fixed Deposits (FDs) are safe. … And these are State Bank of India (SBI), HDFC Bank and ICICI Bank.

Is Icici better than HDFC?

ICICI Bank scored higher in 3 areas: Work-life balance, Culture & Values and % Recommend to a friend. HDFC Bank scored higher in 6 areas: Overall Rating, Career Opportunities, Compensation & Benefits, Senior Management, CEO Approval and Positive Business Outlook.

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 biggest bank in India?

SBISBI is India’s largest bank in terms of market capitalisation, branches (22,414), ATMs, offices, revenue generation and employees (264,041).

Which bank 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

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).

Has any bank failed in India?

The case for India In India, no scheduled commercial bank has been allowed to go under since liberalisation. The central bank and the government have always made sure that a failing bank gets acquired before it drowns. Only cooperative banks have failed here.

Who is the No 1 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 is the safest bank in India 2020?

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 bank is best in 2020?

Highlights5.1 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.More items…

What is the salary of HDFC Bank?

Average Salary for HDFC Bank Pvt Ltd Employees in India HDFC Bank Pvt Ltd pays its employees an average of ₹519,712 a year. Salaries at HDFC Bank Pvt Ltd range from an average of ₹208,657 to ₹1,320,198 a year.

Which is the safest city in India?

Kolkata is one of the India’s safest cities for women, says NCRB report; solo women travellers take note. Kolkata has been announced as the safest city in the country for women, as per the recently released data of the National Crime Record Board (NCRB).

Which is the best bank in India?

Summary of Best Banks to Buy now in IndiaSr. No.Company NameRating (Stars)1HDFC Bank Ltd.4.52Kotak Mahindra Bank Ltd.43ICICI Bank Ltd.44Axis Bank Ltd.414 more rows•Sep 1, 2020

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…•

Which is the No 1 bank in the world?

By market capitalizationRankBank namehideMarket cap (US$ billion)1JPMorgan Chase390.9342Industrial and Commercial Bank of China345.2143Bank of America325.3314Wells Fargo308.01330 more rows

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.