Which Is Best Bank In India?

Which is the best bank in India 2020?

List of Best Banks In India5.1 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….

Is HDFC bigger than SBI?

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 world’s largest bank?

Industrial and Commercial Bank Of China LtdThe largest bank in the world in terms of total assets under management (AUM) is the Industrial and Commercial Bank Of China Ltd. This institution provides credit cards and loans, financing for businesses, and money management services for companies and high net worth individuals.

Which is the fastest growing bank in India?

HDFC BankHDFC Bank is the fastest-growing bank in India, with 296% growth over the past 5 years, according to a report by brand consultancy Brand Finance.

Which Indian banks are at risk?

The novel coronavirus, COVID-19, pandemic has thrown up yet another risk for top Indian banks….BankRetail loansMSME loansICICI Bank50%7%IndusInd Bank36%8%Kotak Mahindra Bank42%15%State Bank of India31%12%3 more rows•Mar 31, 2020

Is DCB a good bank?

It was a very good experience with DCB BANK as saving account . There are no charges for their transactions. It has been a good experience with them. Their Mobile application, Internet banking platforms are really convenient to carry out all the daily life banking transactions,.

Which bank has highest ATM in India?

State Bank of IndiaThe Largest Banks in IndiaRankBankATMs1State Bank of India54,5602Bank of Baroda8,0303ICICI Bank13,9004Punjab National Bank8,34821 more rows

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.

Which banks are in loss in India 2020?

Bank of India tops the list with a Rs 3,571 crore loss, followed by Canara Bank (Rs 3,259 crore), Union Bank of India (Rs 2,503 crore), Central Bank of India (Rs 1,529 crore), Punjab National Bank (Rs 697 crore), Punjab & Sind Bank (Rs 236 crore) and Indian Bank (Rs 218 crore).

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.

Who is the No 2 bank in India?

2. State Bank of India (SBI)TypePublic Company (Government of India)Asset₹36.80914 trillion (US$520 billion) (2019)Number of Branches24000 branches in India & Over 190 offices in 35 countries across the worldNumber of ATMs59,291Number of Employees2,57,252 (2019)7 more rows•Feb 28, 2020

Which private bank is best?

List of Top 10 Best Private Banks in IndiaHDFC 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.More items…

Which is the No 1 bank in the world?

Bank Rankings – Top Banks in the WorldCurrent RankPrevious RankBANK11Industrial & Commercial Bank of China Limited22China Construction Bank Corporation33Agricultural Bank of China Limited44Bank of China Limited46 more rows

How much money is safe in post office?

Soon after the PMC crisis, the RBI assured investors that the banking system was safe. However, the fact that the deposit insurance scheme provides protection for a maximum of ₹1 lakh per depositor in a bank has is a concern in some quarters.

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 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).

Which is best Icici or HDFC?

HDFC has an average customer ratings of 4.5, while ICICI Bank has an average customer rating of 4.1, based on which it is clear that HDFC has a high customer service focus, an easy Home Loan process and a quick turnaround.

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.