Quick Answer: Which Is The Richest Bank Of India?

Which bank is safest 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 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. It is also ranked as the largest bank in the world when rated by total assets.

Is SBI bank safe?

“Take for instance, SBI which is amongst the top 100 banks of the world. It is as safe as it gets in terms of a bank. The m-cap ratio of SBI is an order of magnitude higher than the private sector banks which shows that m-cap ratio is a wrong measure to assess the safety of the bank,” Subramanian said.

Is your money safe in Indian banks?

‘Your money in private banks is safe’: RBI Governor Shaktikanta Das. Reserve Bank of India (RBI) Governor Shaktikanta Das today said that about ₹3.74 lakh crore liquidity will be infused into the financial system to deal with the coronavirus pandemic. “Your money is safe,” RBI governor assured the depositors.

Which is best Nationalised bank in India?

Now, have a look at the Top 10 Nationalised Banks in India.Indian Bank. … IDBI Bank. … Union Bank of India (UBI) … Canara Bank. … Bank of India (BOI) … Punjab National Bank (PNB) Total Assets: INR 6,674 billion. … Bank of Baroda (BOB) Total Assets: INR 6,949 billion. … State Bank of India (SBI) Total Assets: INR 34,450 billion.More items…•

Which is the largest bank in India?

SBISBI to Central Bank of India: 10 largest banks in India by market cap. SBI is India’s largest bank in terms of market capitalisation, branches (22,414), ATMs, offices, revenue generation and employees (264,041).

Which is largest private bank in India?

HDFC BankHDFC Bank was leading Indian private bank with total assets over one trillion U.S. dollars as of June 2020. HDFC Bank has over five thousand branches in more than two thousand Indian cities. ICICI Bank and Axis Bank were the second and third leading private bank based on assets as of that time period.

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…•

Is RBL Bank under RBI?

It was incorporated in Kolhapur district on 14 June 1943 as Ratnakar Bank Limited. In 1959, the bank was categorized as a scheduled commercial bank as per the Reserve Bank of India Act, 1934. … In 1970, it received a banking license from the Reserve Bank of India (RBI).

Which is better axis or Icici?

Like Axis bank, ICICI bank too offers top of the line home loan products, and is one of the most renowned banks in the country….Comparison Between Axis Bank vs ICICI Bank Home Loan.CategoryAxis bank Home LoanICICI bank Home LoanRate of interest7.75% p.a.6.95% p.a.Loan tenureUp to 30 yearsUp to 30 years9 more rows

Which 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 second 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).