Your question: Which is the number 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 bank is No 1 position in India?

Rank 1 | DBS Bank | DBS was ranked #1 out of 30 domestic and international banks in India for the second consecutive year.

Which bank is best in India?

DBS Bank has taken the top position in a list of the best banks in India, This is DBS Bank’s second consecutive win out of 30 domestic and international banks operating in India. The list was compiled by Forbes in partnership with market research firm Statista.

Which is better SBI or HDFC?

Some of the key results of the comparison between the two banks are: Lowest Interest rate of SBI Personal Loan is 9.60%, which is lower than the lowest interest rate of HDFC Bank at 10.25%. Hence, SBI is offering a cheaper loan option. … HDFC Bank can be a better option if you are looking for a high value amount.

Which bank is safest in India?

10 SAFEST BANKS TO PUT YOUR HARD-EARNED MONEY

  • HDFC BANK. The Housing Development Finance Corporation or HDFC was found in 1994 in India. …
  • AXIS BANK. …
  • IDFC BANK. …
  • STATE BANK OF INDIA. …
  • BANK OF BARODA. …
  • PUNJAB NATIONAL BANK. …
  • ICICI BANK. …
  • CANARA BANK.
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Which private bank is best?

So here is the list of top private banks in India and also the best Private banks in India.

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

Which is better HDFC or Icici?

The highlighted ones are the metrics where HDFC Bank has performed better than ICICI Bank.

ICICI Bank has outpaced HDFC Bank on nearly every count in the last three months.

Growth ICICI Bank HDFC Bank
Loan growth 13.7% 14%
Provision for bad loans -51.7% +24%

Which is the 2nd largest bank in India?

2. State Bank of India (SBI)

Type Public Company (Government of India)
Industry Banking, Financial Services
Founded 2nd June 1806 – Bank of Calcutta 27th January 1921 – Imperial Bank of India 1st July 1955 – State Bank of India 2nd June 1956 – Nationalisation
Key Person (Chairperson) Shri Rajnish Kumar
Headquarters Mumbai – India

Is HDFC a good bank?

Having offered the best-in-class financial and banking products and services for decades, today, HDFC Bank holds the status of being India’s most trusted bank.

What is minimum balance in HDFC Bank?

For regular savings accounts held in HDFC Bank’s metro and urban branches, the customer is required to maintain an average monthly balance of ₹ 10,000 to avoid penalty charges, according to the lender’s website – hdfcbank.com. In semi-urban branches, an average of ₹ 5,000 is required.

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Which account is best in SBI?

A current account is generally best suited for managing day to day transactions. The monthly average balance (MAB) requirement for personal banking branch is Rs. 10,000 while for non-rural it is ₹ 5,000. For rural branch, it is ₹ 2,500, said SBI.

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