Quick answer: Which Is The 3rd Largest Bank In 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.

6) Kotak Mahindra Bank, IndusInd Bank, Yes Bank..

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 third largest bank in India 2019?

New Delhi: Bank of Baroda (BoB), the Vadodara-headquartered PSU bank, on Monday, April 1, 2019, became the third largest bank in India after the banking giants State Bank of India (SBI) and HDFC Bank, according to the asset size.

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).

Which is the third largest private sector bank in India?

Axis BankAxis Bank is the third largest private sector bank in India.

Which is the No 1 bank in the world?

1. Industrial and Commercial Bank of China. Established in 1984, the Industrial and Commercial Bank of China has quickly grown to become the largest bank in the world based on assets. Its current asset tally is a whopping 3.47 trillion.

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.”

Is SBI bank safe?

“Take for instance, SBI which is amongst the top 100 banks of the world. It is as safe as it gets in terms of a bank. The m-cap ratio of SBI is an order of magnitude higher than the private sector banks which shows that m-cap ratio is a wrong measure to assess the safety of the bank,” Subramanian said.

Which is the 1st largest private bank in India?

HDFC Bank is India’s largest private sector lender by assets and also largest bank in India by market capitalization. Nedungadi Bank was the first private sector bank in India, located in Kozhikode of Kerala.

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…•

Is money safe in Yes Bank?

Your money with Yes Bank is absolutely safe, Shaktikanta Das tells depositors. Mumbai: Reserve Bank of India (RBI) governor Shaktikanta Das on Monday assured all depositors of Yes Bank Ltd that their money is safe and there is no reason to withdraw cash in panic.

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 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 govt bank is best?

List of Best Banks In India5.1 State Bank of India (SBI)5.2 Punjab National Bank.5.3 Union Bank of India.5.4 Canara Bank.5.5 Bank of Baroda.5.6 Bank of India.5.7 Central Bank of India.5.8 Indian Bank.More items…

Which 10 banks are merging?

Cabinet clears merger of 10 PSBs into 4 banks effective April 1Oriental Bank of Commerce and United Bank of India into Punjab National Bank;Andhra Bank and Corporation Bank into Union Bank of India;Syndicate Bank into Canara Bank; and.Allahabad Bank into Indian Bank.

Which is the largest private bank?

With a whopping $2.4 trillion in assets under management, UBS edges out Morgan Stanley as the world’s largest private banking group.

Which is the No 1 bank in India?

HDFC Bank emerged as India’s No 1 bank.

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

How much money is safe in a bank in India?

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.