Quick Answer: Which Is The No 1 Bank In India?

Which is the safest bank in the world?

World’s safest banksRankBankCountry1KfWGermany2Zürcher KantonalbankSwitzerland3Landwirtschaftliche RentenbankGermany4L-BankGermany6 more rows.

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…

How much money is safe in a bank in India?

Each depositor in a bank is insured upto a maximum of ₹ 5,00,000 (Rupees Five Lakhs) for both principal and interest amount held by him in the same right and same capacity as on the date of liquidation/cancellation of bank’s licence or the date on which the scheme of amalgamation/merger/reconstruction comes into force.

Which is the No 1 private bank in India?

Hemant SinghS.N.Bank NameMarket Capitalization (cr. Rs.) as on July 20161.HDFC Bank329,757.412.ICICI Bank158,503.493.Axis Bank151,877.774.Kotak Mahindra150,176.9611 more rows

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 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.

Which is better bank 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 6 areas: Overall Rating, Career Opportunities, Compensation & Benefits, Senior Management, CEO Approval and Positive Business Outlook.

Is money safe in Yes Bank?

Deposits With Yes Bank Are Safe: RBI Governor. Days ahead of a moratorium imposed on Yes Bank Ltd. is set to be lifted, the Reserve Bank of India governor assured depositors that their money is safe and that the regulator stands ready to provide liquidity if needed.

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 the safest bank 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 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 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 is the No 1 bank in the world?

1. Industrial and Commercial Bank of China. Established in 1984, the Industrial and Commercial Bank of China has quickly grown to become the largest bank in the world based on assets. Its current asset tally is a whopping 3.47 trillion.

Which bank is richest in India?

The four largest banks based on market capitalization and total assets are:State Bank of India.ICICI Bank.HDFC Bank.Punjab National Bank.

Is Bank of India safe?

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.