Is HDFC better or Axis Bank?

Which is better HDFC or Icici or Axis Bank

Regarding financial performance, HDFC Bank is the clear winner among the other banks, with the highest net profit and revenue. However, all three banks have a strong customer base and offer various banking services and products.

How HDFC is better than other banks

HDFC Bank remains unmatched in terms of deposit growth

HDFC Bank continued to maintain its lead over all its peers in terms of deposit growth – the lender's deposits grew 20.8% YoY to ₹18.83 lakh crore. Despite being far ahead of its peers, the lender said it remains focused on attracting retail deposits.

Which is the strongest bank in India

Top 10 Banks in India 2022 vs 2023

Rank Bank Name Net Profit 2023 (Rs. Cr.)
1 State Bank of India (SBI) 56,558
2 HDFC Bank 46,149
3 ICICI Bank 34,463
4 Punjab National Bank (PNB) 3,069

Which rank is HDFC Bank in India

Top ten Indian banks (in terms of market capitalisation)

Rank Bank Mcap ( ₹crore)
1. HDFC Bank (post merger) 14,12,055.5
2. ICICI Bank Ltd 6,53,704.04
3. State Bank of India 5,11,201.77
4. Kotak Mahindra Bank Ltd 3,66,967.55

Which is better Axis or HDFC for savings account

For balances of ₹50 Lakh and above, the HDFC Bank savings account interest rate is 3.50% per annum. The bank will credit the savings bank account interest on a quarterly basis. The Axis Bank savings account interest rate is 3% for balances below ₹50 Lakh.

Where is Axis Bank ranked in India

Here are some details about Axis bank: The fifth-largest bank in India. Headquarters in Mumbai. About 4000 branches across different cities in India. 12,700 ATMs across different cities in India.

Why do people prefer HDFC Bank

Quick loan disbursement

As an HDFC Bank customer, you no longer have to wait for days to get a loan sanctioned; you can avail instant loans within minutes. And this is applicable for various types of loans, from personal to two-wheeler loans, and even LOCC (Loan On credit card), without much documentation.

What is the weakness of HDFC Bank

HDFC Bank has a weak marketing approach and does not advertise as aggressively as some competitors, such as ICICI Bank. However, this lack of effective marketing strategies has not benefited the bank's goal of expanding its market growth.

Who is the No 1 bank in India

1. State Bank of India. State Bank of India (SBI) is among the Fortune 500 companies. It is an Indian multinational and Public Sector Banking and Financial services firm.

What is the rank of Axis Bank in India

Axis Bank

Axis Bank is India's third largest private sector bank that offers financial services for personal and corporate banking. As of April 2022, Axis Bank had 9.96 trillion Indian rupees of assets, giving the bank significant scale.

What is the rank of Axis bank in India

Axis Bank

Axis Bank is India's third largest private sector bank that offers financial services for personal and corporate banking. As of April 2022, Axis Bank had 9.96 trillion Indian rupees of assets, giving the bank significant scale.

Which bank is number 1 in India

HDFC

HDFC is the largest private sector bank in India at present and also ranked as Number 1 Bank in India according to as per Forbes World's Best Bank survey.

Which is better HDFC or Axis Quora

Network is better than Axis bank.,HDFC bank has 4800 compared to 3400 branches of Axis Bank. ATMS are however at par approx 14000 ATMs all Over India. Morever There are many tantrums from Axis bank if you have to resolve any issues like they ask you to visit only home branch for assistance.

What is the charge of HDFC vs Axis

HDFC Securities Vs AxisDirect Brokerage

HDFC Securities brokerage charges for equity is 0.32% and intraday is 0.032% whereas AxisDirect brokerage charges for equity is 0.50% and intraday is 0.05%.

Which is the No 1 private bank in India

HDFC Bank
List of Top 10 Best Private Banks in India 2023

S.No. Bank Name
1 HDFC Bank
2 ICICI Bank
3 Axis Bank
4 Kotak Mahindra Bank

Is HDFC Bank good for long term

"Investors often focus on midcap and smallcap stocks for big returns but sometimes even largecap stocks can deliver surprisingly high returns… HDFC Bank is one such stock. It can give a 2x return in comparison to FDs," said the market wizard.

Which bank has most complaints in India

The RTI also further states that the RBI received more than one lakh complaints against India's largest public sector bank, the State Bank of India, during the same period. This was followed by HDFC Bank, one of the largest private sector banks, against which the RBI received over 56,000 complaints.

Which bank is very safe in India

Top Banks for FDs in India

Sr No List Of Banks Score
1. State Bank of India AAA
2. HDFC Bank AAA
3. Bank of Baroda AAA
4, ICICI Bank AAA

Which is India’s number 1 bank

HDFC

Headquartered in Mumbai, Housing Development Finance Corporation Ltd. HDFC is the largest private sector bank in India at present and also ranked as Number 1 Bank in India according to as per Forbes World's Best Bank survey.

Is Axis Bank is good or bad

The Axis Bank is a safe bank because it satisfies all criteria necessary to fall under the category of a safe bank. The PCR and CAR ratios of Axis bank are also in the safe range, i.e., 18.54% and 77%, respectively.

Which is best international bank in India

Best bank for International banking in India. The best banks for international banking in India are American Express Banking Corporation, Barclays Bank Plc, Bank of America, Citibank N.A, Deutsche Bank, DBS Bank India Limited, HSBC Ltd, Standard Chartered Bank, and others.

Which salary account is best Axis or HDFC

So if you now want to know which bank is best for salary account HDFC or Axis then let me tell you that both are highly safe and secure to deposit your money in. For your ease just opt for the bank near your house between the two and relax. Both are good so just go for one.

How safe is Axis Bank

The Axis Bank is a safe bank because it satisfies all criteria necessary to fall under the category of a safe bank. The PCR and CAR ratios of Axis bank are also in the safe range, i.e., 18.54% and 77%, respectively.

Which bank is most No 1 in India

May 16, 2023, 12:51 PM IST.Here is a list of top 10 Indian banks as per their market capitalisation as on May 16 2023.HDFC Bank (9.27 lakh crore)ICICI Bank (6.65 lakh crore)State Bank of India (5.23 lakh crore)Kotak Mahindra Bank (3.90 lakh crore)Axis Bank (2.82 lakh crore)Bank of Baroda (95.5K crore)

Which is Asia safest bank in India

In addition, DBS has been accorded the “Safest Bank in Asia” award by Global Finance for 12 consecutive years from 2009 to 2020. DBS provides a full range of services in consumer, SME and corporate banking.