Which private bank is good in India?

No Company Name
1 HDFC Bank
2 ICICI Bank
3 Axis Bank Ltd
4 Kotak Mahindra Bank Ltd

Which is the second private bank in India?

HDFC Bank. HDFC Bank is a banking and financial services company and second largest private sector bank by assets. HDFC Bank products and services includes personal loans,credit cards,banking and retail banking.

Which bank is safe private or government?

The safety perception is generally higher for public sector banks (being “government banks”). “There is a general perception that PSU banks may stand a higher chance of being salvaged by RBI than private banks,” says Sousthav Chakrabarty, co-founder and CEO of SEBI-certified financial advisory firm, Capital Quotient.

Is HDFC better or Icici?

ICICI Bank scored higher in 4 areas: Overall Rating, Work-life balance, Culture & Values and % Recommend to a friend. HDFC Bank scored higher in 1 area: Compensation & Benefits.

Which is safest bank in India?

Recently, DBS Bank India was recognised as ‘India’s Best International Bank 2021’ by Asiamoney. DBS was named ‘Safest Bank in Asia’ for the 12th consecutive year by New York-based trade publication Global Finance in 2020.

Who is owner of HDFC Bank?

Which bank FD is best?

Fixed Deposit Interest Rates

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Bank name Tenure Interest rate (%) per annum
IDFC Bank 91 days to 180 days 6.75
Kotak Mahindra Bank 181 to 363 days 6.5
SBI 180 to 210 days 6.35
Axis Bank 6 months to 8 months 29 days 6.25

Which is India’s first original bank?

The oldest commercial bank in India, SBI originated in 1806 as the Bank of Calcutta. Three years later the bank was issued a royal charter and renamed the Bank of Bengal.

Which is better HDFC or Axis?

Some of the key results of the comparison between the two banks are: Lowest Interest rate of HDFC Bank Personal Loan is 10.25%, which is lower than the lowest interest rate of Axis Bank at 10.49%. … HDFC Bank can be a better option if you are looking for a high value amount.

Is bank Privatisation good or bad?

Public sector banks’ coverage of rural areas was far better than their private sector counterparts. The PSBs (including RRBs) have 44,397 rural branches (84.35 per cent of total rural branches) whereas the private banks have only 8,235 rural branches with a 15.65 per cent rural share.

How much money is safe in bank?

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.

Magic India