Quick Answer: Which Bank Is No 1 Position In India?

Can I open FD in Yes Bank?

Deposits With Yes Bank Are Safe: RBI Governor.

Days ahead of a moratorium imposed on Yes Bank Ltd.

is set to be lifted, the Reserve Bank of India governor assured depositors that their money is safe and that the regulator stands ready to provide liquidity if needed..

Is Post Office FD safe?

Government-backed schemes like post office saving schemes and bank fixed deposits are safe and they also offer assured returns. However, the trouble with them is that they offer only modest returns. Often the post-tax returns fail to beat inflation. When that happens over a long period, your money loses its value.

Why SBI server is always down?

If onlinesbi.com is down for us too there is nothing you can do except waiting. Probably the server is overloaded, down or unreachable because of a network problem, outage or a website maintenance is in progress…

Who is the No 1 bank in India?

HDFC BankHDFC Bank emerged as India’s No. 1 bank.

Why is SBI the worst bank?

SBI is most biggest and oldest bank so its employee also old aged and do not have proper knowledge about computer as well as of English so they run from their work because almost all work is on computer now. All schemes and account related queries can also solve only using computer.

Why is BOI not merged?

Chennai-headquartered Indian Overseas Bank (IOB) may have been kept out of the mega PSB merger as it is not only weighed down by huge bad loans but also because there could have been adverse reaction from local political parties in Tamil Nadu.

How many people bank with SBI?

With the merger, State Bank of India will enter the league of top 50 global banks with a balance sheet size of ₹33 trillion, 278,000 employees, 420 million customers, and more than 24,000 branches and 59,000 ATMs. SBI’s market share will increase to 22 percent from 17 per cent.

How many employees does SBI have?

249,448March 2020State Bank of India/Number of employees

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.

Is Icici Bank better than HDFC?

ICICI Bank scored higher in 3 areas: Work-life balance, Culture & Values and % Recommend to a friend. HDFC Bank scored higher in 4 areas: Compensation & Benefits, Senior Management, CEO Approval and Positive Business Outlook. Both tied in 2 areas: Overall Rating and Career Opportunities.

Is SBI better than axis?

Which bank offers lower interest rate on Home Loan – SBI or Axis Bank? As per the current rates, SBI offers a lower interest rate of 6.95% on Home Loan when compared to Axis Bank which offers a Home Loan at 7.75%.

Which is the 3rd largest bank in India?

the Bank of BarodaPost-merger, the Bank of Baroda is the third largest bank in India, after State Bank of India and HDFC Bank. The consolidated entity has over 9,500 branches, 13,400 ATMs, 85,000 employees and serves 120 million customers.

Which is the best bank in India 2020?

Below is the list of top 10 banks in India:HDFC Bank. HDFC Bank ranks number 1 among the best banks in India today. … Axis Bank. Axis Bank ranks number 2 among the best banks in India today. … State Bank Of India. State Bank Of India ranks number 3 among the best banks in India today. … IDFC. … Bank of Baroda.

Which is the top most bank in India?

Top 10 Banks in IndiaICICI Bank.Axis Bank.Kotak Mahindra Bank.IndusInd Bank.Yes Bank.Punjab National Bank.Bank Of Baroda.Bank Of India.More items…•

Which bank is better SBI or HDFC?

This is despite the fact that SBI’s balance sheet is four times larger than HDFC Bank, has 10 times more customers, and is owned by the government of India….BankMarket capitalisation as of May 4State Bank of India₹1.6 lakh croreHDFC Bank₹5 lakh croreMay 5, 2020

Is HDFC Safe 2020?

Now small banks, new banks and some NBFCs offer higher interest rates on FDs to customers as compared to other top banks like State Bank of India (SBI), HDFC Bank, ICICI Bank, etc. to name a few. … So your bank Fixed Deposits (FDs) are safe.

Which is the 2nd largest bank in India?

ICICI BankICICI Bank is India’s second-largest bank with total assets of about Rs 112,024 crore and a network of about 450 branches and offices and about 1,750 ATMs.

Which private bank is best?

So here is the list of top private banks in India and also the best Private banks in India.HDFC Bank. HDFC Bank is the Largest Private Banks in India by Total sales during the Year. … ICICI Bank. … Axis Bank Ltd. … Kotak Mahindra Bank Ltd. … IndusInd Bank Ltd. … Yes Bank Ltd. … Federal Bank Ltd. … IDFC First Bank Ltd.More items…•