Question: Which Bank Is Best Axis Or SBI?

Which type of bank is Axis Bank?

The international offices focus on corporate lending, trade finance, syndication, investment banking and liability businesses.

Axis Bank is one of the first new generation private sector banks to have begun operations in 1994..

Which bank is better Axis or HDFC?

It also had a higher net interest margin (for the March 2012 quarter) of 4.2%, compared with 3.55% and 3.01% for Axis Bank and ICICI Bank, respectively. … Despite this, its Capital Adequacy Ratio (CAR) was a healthy 18.52%, compared to a measly 13.66% for Axis Bank and 16.5% for HDFC Bank.

How is Axis Bank different from other banks?

Axis Bank’s growth rate is faster than that of other private banks. … BUSINESS:Corporate banking is a major area of operations for Axis Bank. It provides credit and trade finance, project finance and syndication services to its clients.

Which bank is better HDFC or SBI?

HDFC Bank has always been one of the most premium valued banks in India. The stock trades as high as three to four times the book value. SBI, on the other hand, has had a value range of one or two-time book value at best….BankMarket capitalisation as of May 4State Bank of India₹1.6 lakh croreHDFC Bank₹5 lakh croreMay 5, 2020

Who is owner of Axis Bank?

Amitabh ChaudhryAmitabh Chaudhry, Managing Director and CEO – Axis Bank.

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 Axis a good bank?

Axis Bank is the third-largest bank in the private banking sector in India and hence it is very safe to invest. … The bank offers different loans and fee-based products and services to large and mid-corporate customers.

Is HDFC better or Icici?

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

What is the old name of Axis Bank?

UTI BankOn 30 July 2007, UTI Bank changed its name to Axis Bank.

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 savings account is best in SBI?

Types of SBI Savings AccountTypes of SBI Savings AccountPrimary FeaturesBasic Savings Bank AccountZero Balance Savings Account RuPay ATM-cum-debit cardSmall Savings AccountZero Balance Savings Account Free ATM-cum-Debit card8 more rows•Oct 6, 2020

Is HDFC zero balance account available?

Features of HDFC Bank’s Zero Balance Savings Account (BSBD): Customers can access the network of branches of the bank through this account. Key features of HDFC Bank BSBD account include zero balance and a free Rupay card, according to HDFC Bank on its website – hdfcbank.com.