Is HDFC A Indian Bank?

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 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.

Is HDFC Bank a international bank?

Three of India’s top private banks — ICICI Bank, HDFC Bank and Axis Bank — are majority owned by foreign investors even though management control is with Indians.

Who is the owner of HDFC Bank?

Housing Development Finance CorporationHDFC Bank/Parent organizations

Why is HDFC stock falling?

MUMBAI: Shares of HDFC Bank fell by as much as 2.74% on Tuesday after it launched a probe into its auto lending practices following allegations against the conduct of a long-time executive who retired on March 31 this year.

Who is the best bank in India?

Top Commercial Banks in IndiaTop 10 Commercial Banks in India are:State Bank of India (SBI) … ICICI Bank (Industrial Credit and Investment Corporation of India) … HDFC Bank. … Axis Bank. … Kotak Mahindra Bank. … IndusInd Bank. … Bank of Baroda.More items…

Is HDFC safe bank?

1) HDFC Bank If market confidence is a measure of the soundness of a Bank, then HDFC Bank takes the cake. At over Rs 11 lakh crore market capitalisation, it tops the chart, even if its assets are just a fifth of the largest Bank in the country.

Is HDFC Bank in financial trouble?

HDFC Bank stands out in India’s struggling financial sector. Its gross bad loan ratio has held steady at around 1.4%, while rivals have been forced to caution by growing stress among once-reputed companies, developers and shadow lenders.

Which bank is best HDFC or Icici?

HDFC has an average customer ratings of 4.5, while ICICI Bank has an average customer rating of 4.1, based on which it is clear that HDFC has a high customer service focus, an easy Home Loan process and a quick turnaround.

Which bank is better Kotak or HDFC?

HDFC is a HFC with its home loan rates benchmarked to PLR. HDFC has an average customer ratings of 4.5, while Kotak Bank has an average customer rating of 3.1, based on which it is clear that HDFC has a high customer service focus, an easy Loan Against Property process and a quick turnaround.

Who is the richest bank in India?

Here is the list of top 6 biggest public sector banks (PSBs) in India in 2019 in terms of market capitalization.HDFC Bank Ltd. … State Bank of India (SBI) … ICICI Bank Ltd. … Kotak Mahindra Bank Ltd. … Axis Bank Ltd. … IndusInd Bank Ltd.

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).

Is HDFC a good buy?

Speaking on the immediate short-term time horizon on HDFC Bank share price; Rohit Singre, Senior Technical Research Analyst at LKP Securities said, “HDFC Bank has strong support at Rs 1,050 per stock levels and one can buy the HDFC Bank share at current levels for the target or Rs 1,150 in one month time horizon.”

Which Indian banks are international?

List of 17 Indian banks in the global 500 :State Bank of India.ICICI Bank.HDFC Bank.Punjab National Bank.Bank of India.Canara Bank.Bank of Baroda.Axis Bank.More items…•

Is Icici Bank is Indian bank?

ICICI Bank Limited is an Indian multinational banking and financial services company with its registered office in Vadodara, Gujarat and corporate office in Mumbai, Maharashtra. … The bank has a network of 5,275 branches and 15,589 ATMs across India and has a presence in 17 countries.

Who is the No 1 bank in India?

HDFC Bank: HDFC Bank has been ranked India’s No. 1 Bank in forbes’ world’s Best bank report. It has 88,253 permanent employees as of 31 March 2018 and has a presence in Bahrain, Hong Kong and Dubai. HDFC Bank is India’s largest private sector lender by assets.

Which is the best bank in India 2020?

Best Public Sector (PSU) Banks in India 2020List of PSU BanksNumber of BranchesNumber of ATMsState Bank of India (SBI)2400058559Punjab National Bank (With Merger of Oriental Bank of Commerce and United Bank of India)114378985Bank of Baroda131539583Canara Bank (With Merger of Syndicate Bank)8801103428 more rows

Is HDFC Chinese bank?

China’s central bank sold some or all of its stake in India’s largest mortgage lender Housing Development Finance Corp Ltd (HDFC) in the June quarter, stock exchange filings show.