Which bank is better HDFC or Axis or Icici?

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.

Which is better Icici or Axis

outperforms Axis Bank Ltd. on 33 out of 41 parameters.

Is HDFC bigger than Icici

As of 30 June 2022, HDFC Bank, had a total of 6,378 banking outlets across 3,203 cities. On the other hand, ICICI Bank had a total of 5,275 banking outlets spread across India as of June 2022.

Why is HDFC Bank best

According to the study, HDFC Bank is the most profitable among all domestic scheduled commercial banks. Its return ratios, return on assets (RoA) of 1.97% and return on equity (RoE) of 16.6%, are the best, complemented by a net interest margin (NIM) of 4.2%, which is again the best among the top 10 banks.

Why HDFC is better than ICICI

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 No 1 bank in India

State Bank of India (SBI)
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 is No 1 Bank in India

State Bank of India (SBI)
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 bank is No 1 in India

State Bank of India (SBI)
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 bank should I open my account in HDFC or Icici

HDFC Bank offers interest rate of 3% on balances less than Rs 50 lakh and 3.50% on balances of above Rs 50 lakh. ICICI Bank offers an interest rate at 3.5% per annum for end of day balances equal to or above Rs 50 lakhs and 3% per annum for end of day balances below Rs 50 lakhs.

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

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.

Which bank is most trustworthy in India

State Bank of India

State Bank of India is India's largest and most trusted commercial bank. It is among the oldest banking institutions in the country and is headquartered in Mumbai, Maharashtra.

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.

Which 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.

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

Is Axis Bank good in India

Axis Bank and Axis Capital jointly won the Best Investment Bank in India at the FinanceAsia Country Awards 2017.

Which is the No 1 trusted bank in India

1. State Bank of India (SBI) State Bank of India, the largest public sector no. 1 bank in India, offers a comprehensive range of banking services.

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.

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 is the No 1 Bank in India

State Bank of India (SBI)
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

Why Axis Bank is so popular

Its biggest draw is the manner in which it combines the best of the public and private sectors. The bank was promoted by UTI , LIC, GIC and four stated-owned general insurance companies – and the initial top management team came from UTI and other banks such as State Bank of Bikaner & Jaipur.

Which is the best bank for NRI account in India

Best NRO Savings Account for NRIs in 2023

Name of the Bank NRO Deposit Interest Rates Below Rs. 2 Crore Minimum Balance
Kotak Mahindra Bank 3.50% Rs.10,000
RBL Bank 4.25% Rs. 50,000
State Bank of India 2.70% Rs.1,00,000
Yes Bank 4.00% Rs. 10,000

Which is the No 3 bank in India

3. ICICI Bank

Type Private Sector
Products Credit cards, consumer banking, corporate banking, finance and insurance, investment banking, mortgage loans, private banking, wealth management, personal loans, payment solutions
Asset ₹17.53 lakh crore (US$219 billion) (2022)
Number of Branches 5,275 (2022)
Number of ATMs 13,463

Which is the best bank in India for NRI account

Best NRE Savings Account for NRIs in 2023

Name of the Bank NRE Deposit Interest rates below Rs. 2 crores Minimum Balance
Bank of Baroda 4.90% Rs. 50,000 average quarter balance
Bank of India 5.25% Minimum Balance: Rs. 200 per quarter
Canara Bank 5.25% Rs. 1 lakh
Citibank 2.75% Rs. 80,000

Is HDFC good for NRI

HDFC Bank, India's No.1 Bank for NRI Services, offers you a range of banking tools custom-made for NRIs. We offer you a one-stop-shop for all NRI services, from banking to investment to loan. Our NRI services let you bank at your convenience.