Question: Who Is The No 1 Bank In India?

Who is the largest bank of India?

SBISBI is India’s largest bank in terms of market capitalisation, branches (22,414), ATMs, offices, revenue generation and employees (264,041).

The bank descends from the Imperial Bank of India, which was formed by merging Bank of Calcutta, Bank of Madras and the Bank of Bombay..

Which bank is richest in India?

ICICI BankICICI Bank is the largest private bank in India. The bank clocked the consolidated assets worth Rs. 12.50 trillion as on June 30, 2019….HDFC Bank Ltd. … State Bank of India. … ICICI Bank Ltd. … Kotak Mahindra Bank Ltd. … Axis Bank Ltd. … IndusInd Bank Ltd. … Yes Bank Ltd. … Punjab National Bank.More items…•

Is SBI bank safe?

“Take for instance, SBI which is amongst the top 100 banks of the world. It is as safe as it gets in terms of a bank. The m-cap ratio of SBI is an order of magnitude higher than the private sector banks which shows that m-cap ratio is a wrong measure to assess the safety of the bank,” Subramanian said.

How much money is safe in a bank in India?

Each depositor in a bank is insured upto a maximum of ₹ 5,00,000 (Rupees Five Lakhs) for both principal and interest amount held by him in the same right and same capacity as on the date of liquidation/cancellation of bank’s licence or the date on which the scheme of amalgamation/merger/reconstruction comes into force.

Which bank is the richest?

The Industrial and Commercial Bank of China LimitedICBC -China Market cap: 1.94 trillion The Industrial and Commercial Bank of China Limited is the wealthiest bank in the world according to market capitalization. It is also ranked as the largest bank in the world when rated by total assets.

Who is the No 1 private bank in India?

ICICI BankWhen it comes to the number one private sector bank of India in terms of total assets, the name of ICICI Bank comes atop. Apart from that, in terms of assets and market capitalization, ICICI Bank is the second-largest private sector bank in the country.

Who is the best bank in India?

Top 10 Banks in IndiaHDFC Bank.Axis Bank.IDFC Bank.State Bank of India.Bank of Baroda.Punjab National Bank.ICICI Bank.Canara Bank.More items…

Is HDFC bigger than SBI?

Even as State Bank of India (SBI) has a balance sheet four times the size of HDFC Bank, the market capitalisation is just over a third of the private sector lender. … While HDFC Bank has a m-cap of Rs 6.07 lakh crore, SBI with a m-cap of Rs 1.68 lakh crore lags far behind.

Is IndusInd Bank in Trouble?

IndusInd Bank Ltd has been the worst hit by the crisis. The bank’s stock dropped 15% on Tuesday after the lender revealed in an investor call that it has lost 10-11% of its deposits since Yes Bank Ltd crumbled earlier this year. … State governments no longer think it is safe to keep money in the private sector bank.

Is money safe in Yes Bank?

Your money with Yes Bank is absolutely safe, Shaktikanta Das tells depositors. Mumbai: Reserve Bank of India (RBI) governor Shaktikanta Das on Monday assured all depositors of Yes Bank Ltd that their money is safe and there is no reason to withdraw cash in panic.

Which is better bank Icici or HDFC?

HDFC is a HFC with its home loan rates benchmarked to PLR. HDFC has an average customer ratings of 4.5, while ICICI Bank has an average customer rating of 4.1, based on which it is clear that HDFC has a high customer service focus, an easy Home Loan process and a quick turnaround.

Which is the No 1 bank in the world?

Bank Rankings – Top Banks in the WorldCurrent RankPrevious RankBANK11Industrial & Commercial Bank of China Limited22China Construction Bank Corporation33Agricultural Bank of China Limited44Bank of China Limited46 more rows

Which bank is safest in India?

List of Best, Safe Banks in India1) HDFC Bank. If market confidence is a measure of the soundness of a Bank, then HDFC Bank takes the cake. … 2) State Bank of India. … 3) ICICI Bank. … 4) AXIS Bank. … 7) Kotak Mahindra Bank, IndusInd Bank.

Which is world’s largest bank?

Industrial and Commercial Bank Of China LtdThe largest bank in the world in terms of total assets under management (AUM) is the Industrial and Commercial Bank Of China Ltd. This institution provides credit cards and loans, financing for businesses, and money management services for companies and high net worth individuals.

Which bank is safe for FD?

And these are State Bank of India (SBI), HDFC Bank and ICICI Bank. Only three for now. RBI may add to this list in future as better and stronger banks emerge. So you can say that these are the safest bank for fixed deposit in India.