Which bank is largest Nationalised bank in India?

A. The State Bank of India (SBI) is not only the largest bank in India but also one of the biggest corporations in the world. At present, SBI has 159 computerised banks and 112743 listed branches.

Which is the biggest Nationalised bank?

Top 10 Largest Public Sector Banks!

  • Indian Bank. …
  • IDBI Bank. …
  • Union Bank of India (UBI) …
  • Canara Bank. …
  • Bank of India (BOI) …
  • Punjab National Bank (PNB) Total Assets: INR 6,674 billion. …
  • Bank of Baroda (BOB) Total Assets: INR 6,949 billion. …
  • State Bank of India (SBI) Total Assets: INR 34,450 billion.

Which Nationalised bank is best in India?

Best Public Sector (PSU) Banks in India 2021

List of PSU Banks Number of Branches
State Bank of India (SBI) 24000
Punjab National Bank (With Merger of Oriental Bank of Commerce and United Bank of India) 11437
Bank of Baroda (With Merger of Dena Bank & Vijaya Bank) 8581
Canara Bank (With Merger of Syndicate Bank) 10391

Which bank is safest in India?

SBI, HDFC and ICICI are the safest banks by virtue of being declared too big to fail by RBI.

IT IS INTERESTING:  Best answer: Is Amazon the New East India Company?

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.

Is HDFC a nationalized bank?

Private sector financial players ICICI Bank and HDFC Bank, who are classified as foreign-owned entities, are on the same footing as nationalised banks as the two are incorporated under the Indian laws, DIPP Secretary R P Singh said today.

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 …

Who is nationalised bank?

What is the name of nationalised banks of 12 PSBs in India? Ans. The name of 12 PSBs are: Punjab National Bank, Bank of Baroda, Bank of India, Central Bank of India, Canara Bank, Union Bank of India, Indian Overseas Bank, Punjab and Sind Bank, Indian Bank, UCO Bank and Bank of Maharashtra, State Bank Of India.

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.
IT IS INTERESTING:  Question: Which retirement plan is best in India?

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 is better bank HDFC or Icici?

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

Growth ICICI Bank HDFC Bank
Net interest income +16.9% +12.6%
Loan growth 13.7% 14%
Provision for bad loans -51.7% +24%
Pre-provision profit +22.1% +19%

Is Axis Bank a government bank?

Axis Bank is the first private sector bank authorized by the Reserve Bank of India (RBI) and Government of India to collect taxes on behalf of the State Governments. Since 1 October 2003, Axis Bank has been able to handle all Central Government Business and State Government Business.

Which is the government bank?

Public Sector/ Government Banks in India:

SNo Public Sector Bank Headquarters
1 Punjab National Bank ( Merged with Oriental Bank Of Commerce and United Bank Of India) New Delhi
2 Indian Bank( Merged with Allahabad Bank) Chennai
3 State Bank of India Mumbai
4 Canara Bank( Merged with Syndicate Bank) Bangalore
Chants of India