Quick Answer: Which Is Second Largest Bank In India?

What are the top 10 banks?

The Top 10 Banks in AmericaJPMorgan-Chase.

At the top of the list, JPMorgan-Chase holds almost $2.4 trillion in worldwide assets.

Bank of America.

With $1.8 trillion in consolidated assets, Bank of America is second on the list.

Wells Fargo.

Citibank/Citigroup.

U.S.

Bank/U.S.

Bancorp.

PNC.

Capital One.

TD Bank.More items…•.

Which is safest bank in India?

Amid financial back to back jolts to banks, first PMC and now Yes Bank, Chief Economic Adviser K V Subramanian assured that Indian banking sector is among the safest and there is absolutely no reason to worry.

Which is the safest bank in India 2020?

“But the State Bank of India is as safe as the any other bank in the world. In fact it is the only Indian bank to be the part of the top 100 banks internationally.”

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

Why is SBI the worst bank?

Most of the account holder are not much aware about the banking activities and it result in long process and is one of the reason for their frustrated behaviour. Most of the services as well as government subsidies, work, Job forms etc, Filled only by the sbi which results in more crowd.

Which 4 banks are going to merge?

United Bank of India and Oriental Bank of Commerce will be merged with Punjab National Bank; Syndicate Bank will be merged with Canara Bank; Allahabad Bank will be amalgamated with Indian Bank; and Andhra Bank and Corporation Bank will be consolidated with Union Bank of India.

Which is the strongest bank 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 bank is worst?

Eventually, the worst of the worst (as per Consumerist’s voters, at least) is left standing and crowned the Worst Company in America. In the banking sector, Bank of America and Chase, in particular, seem to inspire readers, as each beat out CitiBank and Wells Fargo (respectively) to move on to the next round.

Which bank is the richest?

Commercial Bank of China LimitedThe 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.

Which is the 3rd largest bank in India?

Post-merger, the Bank of Baroda is the third largest bank in India, after State Bank of India and HDFC Bank.

Which is the No 1 bank in India?

HDFC Bank emerged as India’s No 1 bank.

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…•

Is money safe 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.

Which 10 banks are merging?

Read more onpsb banks merger.Canara Bank.Indian Bank.allahabad bank.Oriental Bank of Commerce.andhra bank.bank of baroda.Punjab National Bank.

Which bank is safe for FD?

Use State Bank of India’s (SBI) FD rates as benchmarks and start investing in banks that are offering 40 to 50 basis points (bps) higher than them. Split the FDs in the names of various family members, as per their income and reduce the risk of illiquidity (this will come handy during turbulent times).

Is HDFC bigger than SBI?

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 bank?

But that doesn’t mean that you can put all banks in the same risk bucket. So your bank Fixed Deposits (FDs) are safe. … These are banks that are too-big-to-be-allowed-to-fail banks of India. And these are State Bank of India (SBI), HDFC Bank and ICICI Bank.

Which is the second largest private bank in India?

Hemant SinghS.N.Bank NameHead Quarter1.HDFC BankMumbai2.ICICI BankMumbai3.Axis BankMumbai4.Kotak MahindraMumbai11 more rows•Feb 23, 2018

Which is the second largest bank?

By market capitalizationRankBank namehideMarket cap (US$ billion)1JPMorgan Chase390.9342Industrial and Commercial Bank of China345.2143Bank of America325.3314Wells Fargo308.01333 more rows

Which is the largest bank in India 2019?

HDFC Bank is the largest bank in India, considering the market capitalization factor. As on April 2, 2019, this private bank’s market capitalization was Rs. 6,25,666.08 crores. HDFC Bank Limited (headquartered in Mumbai) has 4,963 branches and 13,160 ATMs across 2,727 cities in India.

Which is better bank Icici or HDFC?

HDFC Bank is much better than ICICI Bank. HDFC bank is very professional as compared to ICICI . … Especially when it comes to customer service, ICICI is WORST.