Which is the No 1 government bank in India?

Which is best govt bank in India

State Bank of India (SBI)

Having 23% of shares of the total market assets in India, this bank is the largest public sector bank of India and tops the list of best bank in India. It also holds 1/4th of the total loans and deposits in the current financial market.

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.

Which is the richest government bank in India

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)IndusInd Bank (94.58K crore)Punjab National Bank (54.5K crore)Yes Bank (45.6K crore)Bank of India (32.1K crore) Bank of India is one of the largest public sector banks in India.

Which is the safest bank in India

The names of one government and two private banks are included in the list of safest banks issued by the Reserve Bank of India. These include State Bank of India, HDFC Bank, and ICICI Bank. If you have an account in HDFC Bank or ICICI Bank, you do not have to worry about the safety of your money.

Which is the No 2 government bank in India

Punjab National Bank

Largest Public Sector Banks After Merger
Bank Rank
State Bank of India 1
Punjab National Bank 2
Bank of Baroda 3

Which bank is best for govt salary account

The best bank to open a salary account in India are:IDFC First Salary Account.Axis Bank Salary Account.ICICI Salary Account.HDFC Bank Salary Account.SBI Salary Account.Bank of Baroda Salary Account.PNB My Salary Account.Citibank Suvidha Salary Account.

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.

Which bank is more used in India

SBI is the largest Indian bank with a 1/4th market share. Moreover, the bank serves over 44 crore customers through its wide network. It has more than 20,000 branch offices, 58,500 ATM centres, and 66,000 BC outlets. Also, the bank has presences across the globe in 22 countries with around 233 offices.

Which bank is strong in India

State Bank of India is India's largest and most trusted commercial bank.

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 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.

Which is the No 3 government bank in India

Government Banks List in India 2023 – List of 12 Public Sectors Banks in India 2023
S.No Public Sector Banks Government Share Holding (as of end-March 2022)
1 State Bank of India 57.59%
2 Punjab National Bank 73.15%
3 Bank of Baroda 63.97%

What are the 4 government bank in India

Let's discuss about these government banks in detail.State Bank of India. In public sector banks, the State Bank of India is considered the best and the largest bank.Central Bank of India.Bank of Baroda.Punjab National Bank.Canara Bank.Union Bank of India.Bank of Maharashtra.Indian Overseas Bank.

Which Indian bank is best for salary account

What is the Best Bank To Open A Salary Account In IndiaIDFC First Salary Account.Axis Bank Salary Account.ICICI Salary Account.HDFC Bank Salary Account.SBI Salary Account.Bank of Baroda Salary Account.PNB My Salary Account.Citibank Suvidha Salary Account.

Which bank is better HDFC or Axis or Icici

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 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 gives highest interest

Bank Interest rate Tenure
Unity Small Finance Bank 9% 1001 days
Shivalik Small Finance Bank 8% 18 Months to less than 24 months.
Suryoday Small Finance Bank 8.51% 999 days
Fincare Small Finance Bank 8.41% 1000 days

Which is the largest Nationalised bank in India

State Bank of India

State Bank of India is the largest nationalized bank of India. It is the biggest public-sector bank of India. In terms of assets, it has a market share of 23%. HQs of SBI is in Mumbai.

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 best in India for international

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.

What is the most trusted bank in Asia

DBS Bank is the safest bank in Asia. For over a decade, it has been consistently ranked as the most secure and reliable financial institution on the continent.

Which are the 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 banks are too big to fail 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.

Which is the No 3 bank in India

FAQs on Top 10 Banks in India

Based on the extent of their network and financial revenue, the Top 10 Banks in India are Axis Bank Ltd., Bank Of Baroda, Bank of India, IndusInd Bank Ltd., Punjab National Bank, Kotak Mahindra Bank Ltd., State Bank of India, ICICI Bank Ltd., Yes Bank Ltd., and HDFC Bank Ltd.

Which bank is best for government employees

Government employees can avail loans from banks such as Oriental Bank of Commerce, HDFC Bank, Axis Bank, and State Bank of India for interest rates starting from as low as 10.6% p.a. While Union Bank of India levies no processing charges, a few others levy 0.5% to 3.99% of the loan amount as processing charges.