State Bank of India
The Reserve Bank of India (RBI), India's central bank, has revealed which banks in the country are the safest and most dependable
No.1
FAQs
Top 5 Safest banks in India: Know Your Bank? ›
Which bank is the safest bank in India? SBI, or the State Bank of India, is amongst the safest banks in India. The Reserve Bank of India regulates the bank and is the most significant public sector bank.
Which is the no. 1 safest bank in India? ›Which bank is the safest bank in India? SBI, or the State Bank of India, is amongst the safest banks in India. The Reserve Bank of India regulates the bank and is the most significant public sector bank.
Which bank is more trusted in India? ›Top 10 Banks In India
| Ranking | Bank's Name |
|---|---|
| 1. | State Bank Of India (SBI) |
| 2. | HDFC Bank |
| 3. | Punjab National Bank(PNB) |
| 4. | ICICI Bank |
Summary: Safest Banks In The U.S. Of May 2024
| Bank | Forbes Advisor Rating | Fees |
|---|---|---|
| Bank of America | 4.2 | Monthly service, out-of-network ATM and overdraft fee |
| Wells Fargo Bank | 4.0 | Monthly service, out-of-network ATM and overdraft fees |
| Citi® | 4.0 | Monthly service and out-of-network ATM fees |
| Barclays | 3.4 | Non-sufficient funds fees |
May 20, 2024
In terms of asset quality, HDFC Bank exhibited strength compared to SBI. If we analyse some key ratios useful for evaluating the banking business, let's begin with the Price-to-Book (PB) value. SBI has a PB ratio of 1.63, whereas HDFC's PB ratio is 4.47.
Which is No 1 private bank in India? ›HDFC Bank
HDFC Bank is the largest bank in India and the fourth largest bank in the world according to market capitalization. It is a private bank and holds a good position in the financial industry. Recently, in 2023, HDFC Bank merged with HDFC Ltd, for better services. Full form: Housing Development Finance Corporation.
Which bank is most stable? ›The safest banks in the U.S. for May 2024
| Bank | The Ascent's Rating | FDIC Insured? |
|---|---|---|
| Capital One | 4.50 | Yes |
| American Express® National Bank | 4.50 | Yes |
| Quontic | 4.50 | Yes |
| Chase | 4.50 | Yes |
Apr 25, 2024
Top 8 banks for NRI Account for Indians in USA
| Bank Name | Interest rate (%) p.a. | Minimum monthly balance requirements |
|---|---|---|
| Bank of Baroda | 2.75% | Quarterly average balance Rs. 50,000 |
| Kotak Bank | 3.50% | Rs. 10,000 |
Dec 15, 2023
American Express Banking Corporation, DBS Bank India Limited, Bank of America, Citibank N.A, Barclays Bank Plc, Deutsche Bank, HSBC Ltd, Standard Chartered Bank, and others are among the best banks in India for international banking. In terms of credit card services, Standard Chartered Bank is the finest.
Which banks are riskiest? ›
These Banks Are the Most Vulnerable
- First Republic Bank (FRC) . Above average liquidity risk and high capital risk.
- Huntington Bancshares (HBAN) . Above average capital risk.
- KeyCorp (KEY) . Above average capital risk.
- Comerica (CMA) . ...
- Truist Financial (TFC) . ...
- Cullen/Frost Bankers (CFR) . ...
- Zions Bancorporation (ZION) .
Mar 16, 2023
Top 15 Bank Brands Ranked – 2022 America's Most Trusted Study
- Ally Bank.
- Citizens Bank.
- Bank of the West.
- US Bank.
- SunTrust.
- Union Bank.
- Wells Fargo.
- HSBC.
"Too big to fail" (TBTF) is a theory in banking and finance that asserts that certain corporations, particularly financial institutions, are so large and so interconnected that their failure would be disastrous to the greater economic system, and therefore should be supported by government when they face potential ...
Which bank in India is safest? ›Safest Banks
- State Bank of India. The Reserve Bank of India (RBI), India's central bank, has revealed which banks in the country are the safest and most dependable. ...
- HDFC Bank. ...
- ICICI Bank. ...
- Punjab National Bank. ...
- Bank of Baroda (BoB)
HDFC Bank has been at the forefront in leveraging technology to give its 43 million customers a superior banking experience. The journey to become a digital banking forerunner began in 2014, with the launch of its 'Bank Aapki Muthhi Mein' campaign from the banks of the Ganges.
Is HDFC trusted or not? ›In India, HDFC Bank has continuously been ranked among the best banks in terms of both assets and client happiness. The Reserve Bank of India (RBI) controls the bank, ensuring that it follows strict financial laws and security procedures.
Which bank has the highest security? ›The Safest Banks in the U.S.
- JPMorgan Chase.
- U.S. Bank.
- PNC Bank.
- Citibank.
- Wells Fargo.
- Capital One.
- M&T Bank Corporation.
- AgriBank.
Feb 13, 2024
As per the data released by the Economic Survey 2021-22, 59% of State Bank of India (SBI) deposits are fully insured under the Deposit Insurance and Credit Guarantee Corporation (DICGC), vis-a-vis their total bank deposits.
Which bank is best in India for savings? ›Institutions such as HDFC Bank, ICICI Bank, and State Bank of India (SBI) are known for their attractive interest rates and substantial branch networks. Kotak Mahindra Bank is known for its digital financial services, whereas Axis Bank provides flexible savings alternatives.
Is HDFC Bank safe to keep money? ›In India, HDFC Bank has continuously been ranked among the best banks in terms of both assets and client happiness. The Reserve Bank of India (RBI) controls the bank, ensuring that it follows strict financial laws and security procedures.