You asked: Who is the No 1 private bank in India?

Which is the No 1 bank in India?

1. HDFC Bank

Type Private Company
Asset ₹1,189,432 crore (US$170 billion) (2019)
Number of Branches 5,314 (30th September 2019)
Number of ATMs 13,514 (Across India)
Number of Employees 1,04,154 (30th June 2019)

Which private bank is safest in India?

SBI, HDFC and ICICI are the safest banks by virtue of being declared too big to fail by RBI. It doesn’t hurt that they are also financially healthy as well.

Which is the best bank in India 2020?

State Bank of India (SBI)

Having 23% of shares of the total market assets in India, this bank is the largest public sector bank of India and tops the list of best bank in India. It also holds 1/4th of the total loans and deposits in the current financial market.

Which is the 1st private bank in India?

The IndusInd Bank was the first private bank in India set up in Mumbai on April 1994.

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Which is the 2nd largest bank in India?

Punjab National Bank

With business volumes and networks exceeding one billion dollars, the bank was founded in 1894 and is the second-largest government-owned bank in India. In addition to 180 million customers, the bank has more than 12,248 branches and 13,000+ ATMs.

Which private bank is best?

List of Top 10 Best Private Banks in India

  • ICICI Bank. ICICI Bank is a leading private Bank in India. …
  • HDFC Bank – Largest Private bank in India. – Advertisement – …
  • Axis Bank Ltd. …
  • Kotak Mahindra Bank Ltd. …
  • IndusInd Bank Ltd. …
  • Yes Bank Ltd. …
  • IDFC First Bank Ltd. …
  • Federal Bank Ltd.

Is IDFC first bank safe?

Investing in a fixed deposits with the highest rating of AAA, rated by ICRA and CRISIL, is a reliable investment option. Thus, IDFC First Bank term deposit is safe and secure, as the funds are backed by the government no matter what the current situation of the Bank is.

Which government bank is best?

List of Top Public sector Government bank in India

  • Bank of India. Bank of India was founded on 7th September 1906 by a group of eminent businessmen from Mumbai. …
  • Union Bank of India. Union Bank of India is one the leading public sector bank in the country. …
  • Canara Bank. …
  • Bank of Baroda. …
  • Punjab National Bank. …
  • State Bank of India.

Which bank is best public or private?

Public sector banks are known for their better organizational structure and greater penetration in the customer base. The work environment is also relatively less competitive as compared with privately-owned banks and professionals often do not have to focus on meeting targets and being the best performer in a team.

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Which bank is most secure?

Citibank and Bank of America offer the most protection for their customers, each providing three additional dimensions of security.

Is SBI bigger than HDFC?

Even as State Bank of India (SBI) has a balance sheet four times the size of HDFC Bank, the market capitalisation is just over a third of the private sector lender. SBI, the country’s largest lender, also has a customer base nearly ten times larger than HDFC Bank.

Which is the No 1 bank in world?

Rankings by Total Assets

Rank Profile Total Assets
1. Industrial & Commercial Bank of China $5,436,430,000,000
2. China Construction Bank Corp $4,658,550,000,000
3. Agricultural Bank of China $4,433,210,000,000
4. Bank of China $4,071,930,000,000

Which is biggest bank in India?

In India the big four largest banks, based on total assets, are:

  • State Bank of India.
  • Bank of Baroda.
  • HDFC Bank.
  • Punjab National Bank.
  • ICICI Bank.
  • Axis Bank.

Which is better HDFC or Axis?

HDFC has an average customer ratings of 4.5, while Axis Bank has an average customer rating of 4.4, based on which it is clear that HDFC has a high customer service focus, an easy Home Loan process and a quick turnaround.

Which is the new private bank in India?

Axis bank is also said to be the first new-generation private sector bank in India. Axis Bank was incorporated in 1994, and its headquarter is in Mumbai.