Question: Is HDFC Good Bank?

Is HDFC a safe bank?

1) HDFC Bank If market confidence is a measure of the soundness of a Bank, then HDFC Bank takes the cake.

At over Rs 11 lakh crore market capitalisation, it tops the chart, even if its assets are just a fifth of the largest Bank in the country..

Which account is best in HDFC Bank?

Types of HDFC Bank Savings AccountsFamily Savings Group Account.Senior Citizens Account.DigiSave Youth Account.Kids Advantage Account.Government/Institutional Savings Account.Basic Savings Bank Deposit Account (BSBDA Account)Government Scheme Beneficiary Savings Account.BSBDA Small Account.More items…

Which bank is better Citibank or HDFC?

In terms of efficiency, despite being one of the most profitable banks in the country, HDFC bank still languishes compared to Citigroup….HDFC Bank Vs Citigroup.ParticularsCitibankHDFC BankRevenues per employees17.616.9NIM (%)7.63.3Net NPAs to advances ratio (%)*2.10.54 more rows•Jun 24, 2003

What kind of bank is HDFC?

private sector bankHDFC Bank Limited is an Indian banking and financial services company headquartered in Mumbai, Maharashtra. It has a base of 104,154 permanent employees as of 30 June 2019. HDFC Bank is India’s largest private sector bank by assets.

Which is the best bank in India 2020?

Best Public Sector (PSU) Banks in India 2020List of PSU BanksNumber of BranchesNumber of ATMsState Bank of India (SBI)2400058559Punjab National Bank (With Merger of Oriental Bank of Commerce and United Bank of India)114378985Bank of Baroda131539583Canara Bank (With Merger of Syndicate Bank)8801103428 more rows

Is HDFC zero balance account available?

Features of HDFC Bank’s Zero Balance Savings Account (BSBD): Customers can access the network of branches of the bank through this account. Key features of HDFC Bank BSBD account include zero balance and a free Rupay card, according to HDFC Bank on its website – hdfcbank.com.

Will Yes bank survive?

The bank has passed a crucial test but has a long road ahead. Editor’s note: A bailout in March this year by an SBI-led consortium has given Yes Bank another chance to get back to business. In the April-June quarter, the bank received the much-needed survival capital through a follow on public offer.

Which private bank is best?

Housing Development Finance Corporation Limited, popularly known as HDFC Bank, ranks number 1 among the list of best private banks in India….HDFC Bank. … ICICI Bank. … Axis Bank. … Kotak Mahindra Bank. … Yes Bank. … Federal Bank. … IndusInd Bank. … RBL Bank.More items…•

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.

Is Citibank safe in India?

Yes, of course. They are quite safe. Thanks to strong regulation and supervision by Reserve Bank of India and system of internal control of banks, they are well capitalized, well managed and effectively regulated. Oh, you must be referring to the public sector banks!

Who is the No 1 bank in India?

HDFC Bank: HDFC Bank has been ranked India’s No. 1 Bank in forbes’ world’s Best bank report. It has 88,253 permanent employees as of 31 March 2018 and has a presence in Bahrain, Hong Kong and Dubai. HDFC Bank is India’s largest private sector lender by assets.

Who is the richest bank in India?

Here is the list of top 6 biggest public sector banks (PSBs) in India in 2019 in terms of market capitalization.HDFC Bank Ltd. … State Bank of India (SBI) … ICICI Bank Ltd. … Kotak Mahindra Bank Ltd. … Axis Bank Ltd. … IndusInd Bank Ltd.

Can I have 2 HDFC accounts?

You can add up to 5 Bank accounts at one time. Currently, these five Bank accounts have to be from HDFC Bank, Citibank, ICICI Bank, HSBC India, Standard Chartered Bank. You can add or delete accounts as and when you choose to.

Is Citibank good for savings?

However, it might not be the best for your money as online savings accounts because they provide higher rates with lower fees. The Citibank Savings Account is the most basic savings account available from Citibank and it is likely the standard option for people who are opening an account with the national bank.

Which bank is best HDFC or SBI?

HDFC Bank has always been one of the most premium valued banks in India. The stock trades as high as three to four times the book value. SBI, on the other hand, has had a value range of one or two-time book value at best….BankMarket capitalisation as of May 4State Bank of India₹1.6 lakh croreHDFC Bank₹5 lakh croreMay 5, 2020

Which bank is better HDFC Icici or axis?

ICICI Bank had the highest Net Non-Performing Assets (NNPA) of 0.62% compared with just 0.25% and 0.20% for Axis Bank and HDFC Bank, respectively. Despite this, its Capital Adequacy Ratio (CAR) was a healthy 18.52%, compared to a measly 13.66% for Axis Bank and 16.5% for HDFC Bank.

Which is the 2nd largest bank in India?

1) Oriental Bank of Commerce (OBC) and United Bank of India will be merged into Punjab National Bank (PNB). After the merger, these together will form the second-largest public sector bank in the country, after State Bank of India (SBI).

Who is best bank in India?

Summary of Best Banks to Buy now in IndiaSr. No.Company NameRating (Stars)1HDFC Bank Ltd.4.52Kotak Mahindra Bank Ltd.43ICICI Bank Ltd.44Axis Bank Ltd.414 more rows•Sep 1, 2020