Quick Answer: Which Bank Is Better HDFC Or Kotak Mahindra?

Who is the No 1 private bank in India?

Hemant SinghS.N.Bank NameMarket Capitalization (cr.

Rs.) as on July 20161.HDFC Bank329,757.412.ICICI Bank158,503.493.Axis Bank151,877.774.Kotak Mahindra150,176.9611 more rows•Feb 23, 2018.

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. HDFC Bank is the Largest Private Banks in India by Total sales during the Year. … ICICI Bank. … Axis Bank Ltd. … Kotak Mahindra Bank Ltd. … IndusInd Bank Ltd. … Yes Bank Ltd. … Federal Bank Ltd. … IDFC First Bank Ltd.More items…•

Which bank is safest 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. … 7) Kotak Mahindra Bank, IndusInd Bank.

Is Kotak bank in trouble?

Days after the collapse of Yes Bank, at least three of its peers, including Kotak Mahindra Bank (KMB), on Wednesday asserted about their strong capital position and allayed depositors’ fears. … Yes Bank had to be put under moratorium due to its inability to raise capital even as the buffers were depleting.

Which is better Kotak or Icici?

ICICI Bank scored higher in 4 areas: Career Opportunities, Compensation & Benefits, % Recommend to a friend and Positive Business Outlook. Kotak Mahindra scored higher in 2 areas: Work-life balance and Senior Management. Both tied in 3 areas: Overall Rating, Culture & Values and CEO Approval.

Is Kotak Mahindra safe?

Depositing money in the bank is one of the most reliable and safest investment option a person can opt for in this country. But due to the ongoing pandemic and economic depression, this belief system in now completely shaken.

Which bank is good Kotak or HDFC?

FinancialsEQUITY SHARE DATAHDFC BANK/ KOTAK MAHINDRA BANKHighRs91.6%LowRs73.7%Income per share (Unadj.)Rs142.1%18 more rows

Is Kotak Bank Safe 2020?

Kotak Mahindra Bank joins larger peers like HDFC Bank which also recorded a 24% increase in deposits aggregating to Rs 11.46 lakh crore at the end of March 2020. … “Your money is safe, the Indian banking system is safe and sound,” he had appealed on March 26.

Which bank is No 1 position in India?

HDFC BankHDFC Bank: HDFC Bank has been ranked India’s No. 1 Bank in forbes’ world’s Best bank report.

Is HDFC Bank a good bank?

More HDFC BANK Reviews. 0.5 5.0/5 “Blown Away!” I have used credit card from HDFC bank for 1 year which is very good and also very comfortable, its a life time free card and lots of offers are available in the card.

Which bank is better Kotak or axis?

Axis Bank scored higher in 2 areas: Compensation & Benefits and % Recommend to a friend. Kotak Mahindra scored higher in 6 areas: Overall Rating, Work-life balance, Senior Management, Culture & Values, CEO Approval and Positive Business Outlook. Both tied in 1 area: Career Opportunities.

Why is HDFC Bank better than other banks?

Technology lead service, convenience to customer and unparalleled services makes such a big Eco-system which are hard to break for any other bank. Very soon HDFC bank has become market leader in retail loans.

Which is the richest bank in India?

The four largest banks based on market capitalization and total assets are: State Bank of India. ICICI Bank. HDFC Bank.

Which savings account is best in HDFC?

HDFC bank has one of the best products in the market – best credit cards, deposits rates, loans, Payzapp, Smarthub or Samsung pay….Best Saving Accounts from HDFC Bank.Monthly Average BalanceRs. 5,000 to Rs. 25,000 (depending on variant)Rate of InterestUp to 50 Lac – 3.5% Above 50 Lac- 4%3 more rows•May 25, 2020

What is minimum balance in HDFC Bank?

The minimum balance limit in case of HDFC Bank is Rs 10,000 for urban branches and Rs 5,000 for semi-urban branches. According to new rules announced by SBI, account holders will have to maintain the monthly balance or else they will invite a penalty ranging from Rs 20 (rural branches) to Rs 100 in (metro cities).

Why Kotak Bank is falling?

Shares of private sector Kotak Mahindra Bank fell sharply in intra-day trade on BSE, after the lender spoke about concerns over lower recovery due to the three month moratorium and chances of default in an investor call. … Kotak Mahindra Bank is the fourth largest private sector lender in the country.

Is HDFC Safe 2020?

Now small banks, new banks and some NBFCs offer higher interest rates on FDs to customers as compared to other top banks like State Bank of India (SBI), HDFC Bank, ICICI Bank, etc. to name a few. … So your bank Fixed Deposits (FDs) are safe.

Is Kotak Mahindra a good bank?

Kotak Mahindra Bank Rebuts Charges, Says All Allegations Are Baseless. “We assure you that the Kotak Mahindra Bank is a financially strong, well-capitalised bank with strong risk and corporate governance framework. Your deposits with us are absolutely safe”.