Which bank is most trustworthy in India?

Which is the most trusted bank 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 the safest private bank in India

Best Private banks in India 2023

Bank Name Established On Total Branches Across India
HDFC Bank 1994 7,821
ICICI Bank 1994 6,004
Axis Bank 1993 5,659
Kotak Mahindra Bank 2003 1,996

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 bank should I use in India

Best Private Sector Banks in India 2023

List of Private Banks Number of Branches Headquarter
HDFC Bank 4787 Mumbai, Maharashtra
ICICI Bank 4882 Mumbai, Maharashtra
IDBI Bank 1892 Mumbai, Maharashtra
IDFC First Bank 301 Mumbai, Maharashtra

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 bank is safe from hackers in India

PNB provides all the security elements necessary to protect your hard-earned money from hackers, including an anti-malware programme and a 128-bit SSL data encryption system. As a PSU bank directly accountable to the Indian government, Punjab National Bank has greater credibility and confidence.

Which is the top 2 bank in India

Top 10 Banks in India HDFC Bank (post-merger) 14,12,055.5. ICICI Bank Ltd 6,53,704.04. State Bank of India 5,11,201.77. Kotak Mahindra Bank Ltd 3,66,967.55. Axis Bank Ltd 3,04,211.88. Indusind Bank Ltd 1,06,707.03. Bank of Baroda 98,436.88. IDBI Bank Ltd 59,482.29.

Is ICICI Bank safe to keep money

ICICI bank safety and security features

The well-managed ICICI bank has a substantial network throughout India and abroad. Although the bank has been able to keep the minimal requirement to enter the safe zone. As a result, ICICI Bank is unquestionably a secure option for keeping our money.

Which bank is best in India private

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

Which bank has highest number of frauds in India

Recently, in a written reply to the Lok Sabha, MoS Bhagwat Karad said that Kotak Mahindra Bank has the highest number of bank frauds, at 642, in the first nine months of FY22, followed by ICICI Bank at 518 and IndusInd Bank at 377. Here's a list of the major bank frauds in FY22.

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

Who is the No One bank in India

The State Bank of India (SBI) is the largest bank in India and also one of the biggest corporations in the world. State Bank of India is one of the largest employers and the most trusted bank in India.

Which is India Private No 1 bank

HDFC Bank Ltd

HDFC Bank Ltd is India's largest private-sector bank and the world's tenth-largest bank by market capitalization. HDFC Bank controls 47% of the POS and e-commerce platform sector. In FY 22-23, HDFC Bank reported a net interest income of Rs 92,970 crores and a net profit of Rs 46,149 crores.

Which bank is safe HDFC or Icici

HDFC Bank continues to retain its premium as far as asset quality goes. The bank has been consistent in keeping its bad loan ratios low even during times of crisis. If one goes by the valuations, the markets favour ICICI Bank compared with HDFC Bank now.

Is HDFC better or Icici

However, when comparing the two banks' net interest income growth rate over the past ten quarters and the profit growth on a year-on-year basis, ICICI Bank has outperformed HDFC Bank.

Which banks are blacklisted in India

The blacklisted banks include Punjab National Bank, ICICI Bank, Andhra Bank, Bank of Maharashtra, Punjab and Sindh bank, Vijaya bank, Federal bank, Jammu Kashmir Bank, South Indian bank, ING Vysa Bank, Kotak Mahindra Bank, Bombay Mercantile Cooperative bank and Tapeshwar Urban Cooperative Bank.

Which bank failed in India

Lakshmi Vilas Bank failed due to irregularities in lending large corporate loans and misuse of public fund deposits.

Which is the most powerful private bank in India

HDFC Bank

As of March 2021, with total assets of more than 15 trillion Indian rupees, HDFC Bank is the largest private sector bank in India. If we consider both the public sector banks and private sector banks, then, State Bank of India (SBI) is the largest bank in India having assets worth more than 40 trillion Indian rupees.

Which bank is 3rd rank in India

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 safe HDFC or SBI

In terms of asset quality, SBI's headline numbers were higher than HDFC Bank. While SBI's gross and net non-performing asset (GNPA, NNPA) ratio stood at 4.50 per cent and 1.34 per cent as on December end, respectively, HDFC Bank's corresponding numbers stood at 1.26 per cent and 0.37 per cent for the same period.

Which bank will never fail in India

RBI continues to classify SBI, ICICI Bank and HDFC Bank in the category of D-SIBs. But, what are D-SIBs These are the banks which are so important for the country's economy that the government cannot afford their collapse. Hence, D-SIBs are thought of as “Too Big to Fail" (TBTF) organisations.

What are bad banks in India

The bad bank in India will be called National Asset Reconstruction Ltd (NARC). This NARC will work as an asset reconstruction company. It will buy bad loans from the banks, relieving them of the NPA. NARC will then attempt to sell the stressed loans to distressed debt buyers.

Which is the safest and fastest bank in India

State Bank of India. State Bank of India (SBI) is among the Fortune 500 companies.Punjab National Bank. Punjab National Bank (PNB) is a government-owned bank under the ownership of the Ministry of Finance.Union Bank of India.HDFC Bank.ICICI Bank.Kotak Bank.Bank of Baroda.Bank of India.

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

Why HDFC is better than SBI

Which bank is best SBI or HDFC SBI is preferred for a home loan and HDFC bank is the preferred choice when it comes to personal banking. SBI is known for its low-interest rates whereas HDFC bank is the preferred choice when it comes to the quality of banking services.