You asked: Which is the newest bank in India?

Anchor Bank Central Bank of India
Branches 4,666
Established 1911
Headquarter Mumbai, Maharashtra

Which is the safest bank in India 2020?

List of Best, Safe Banks in India

  1. 1) HDFC Bank. If market confidence is a measure of the soundness of a Bank, then HDFC Bank takes the cake. …
  2. 2) State Bank of India. …
  3. 3) ICICI Bank. …
  4. 4) AXIS Bank. …
  5. 7) Kotak Mahindra Bank, IndusInd Bank.

Which is the No 3 bank in India?

3. ICICI Bank

Type Private Sector
Products Credit cards, consumer banking, corporate banking, finance and insurance, investment banking, mortgage loans, private banking, wealth management, personal loans, payment solutions
Asset ₹1,007,068 crore (US$140 billion) (2019)
Number of Branches 5,275
Number of ATMs 15,589

What is new generation banks in India?

NEW DELHI: A higher interest rate of up to 7 per cent on savings bank deposits seems to be helping small new-generation banks like Yes Bank, IndusInd Bank and Kotak Mahindra Bank expand their market share at the cost of the old public sector banks.

Which is better SBI or HDFC?

Results of a comparative analysis between both banks highlight that: Lowest Interest rate of SBI Business Loan is 11.20%, which is lower than the lowest interest rate of HDFC Bank at 11.90%. Hence, SBI is offering a cheaper loan option. … SBI can be a better option if you are looking for a high value amount.

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Which is better HDFC or Icici?

The highlighted ones are the metrics where HDFC Bank has performed better than ICICI Bank.

Growth ICICI Bank HDFC Bank
Pre-provision profit +22.1% +19%
Retail loan growth +19.9% +6.7%
Net interest margin* +0.17% Unchanged
Profit after tax +260.5% +26%

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 – Largest Private bank in India. …
  • ICICI Bank. …
  • Axis Bank Ltd. …
  • Kotak Mahindra Bank Ltd. …
  • IndusInd Bank Ltd. …
  • Yes Bank Ltd. …
  • Federal Bank Ltd. …
  • IDFC First Bank Ltd.

Which is the strongest bank in India?

This bank beat SBI, HDFC & ICICI to top Forbes’ ‘World’s Best Banks’ list in India

  • Rank 6 | Axis Bank.
  • Rank 5 | Kotak Mahindra Bank.
  • Rank 4 | HDFC Bank.
  • Rank 3 | ICICI Bank.
  • Rank 2 | CSB Bank.
  • Rank 1 | DBS Bank | DBS was ranked #1 out of 30 domestic and international banks in India for the second consecutive year.

Which bank FD is best?

Fixed Deposit Interest Rates

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 bank has highest NPA 2020?

Among PSBs, State Bank of India (SBI) which accounts for the highest share at around 20% of the gross NPAs of state-owned banks in Q3 FY21, reported the highest asset quality improvement, with a decline in bad loan to 4.8%, followed by Punjab National Bank (PNB) accounting for around 16% share which also posted lower …

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Chants of India